Identifying the next generation of successful gold miners

Investing in established gold-mining companies is a way of correlating yourself with the prevailing gold price. There is the ongoing risk that miners must keep finding millions of ounces in new reserves each year merely to guarantee their future existence. Otherwise, investments in the bigger mining companies are a fairly accurate barometer reflecting the price of the relevant metal. As such, investing in either BHP or Rio Tinto is a typical commodity-price play.A way of sourcing more…