Higher Prices, Falling Reserves Could Spur Gold Miners Consolidation
July 10, 2020 at 13:30 PM EDT
Gold prices are currently attractive for miners. Reserve depletion is not. Combining those two scenarios could stoke industry consolidation, potentially benefiting the VanEck Vectors Gold Miners (NYSEArca: GDX). GDX, the largest ETF in this category, is comprised of global gold miners, with a...