Mining ETFs Vulnerable As Costs Rise, Prices Fall
September 30, 2013 at 16:47 PM EDT
After plunging on prospects of an end to easy money, gold miner exchange traded funds have lost their luster and may continue to languish, with many mining companies just barely making ends meet. According to a Citigroup research note, global gold on mine unit costs rose 12% year-over-year in the...