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Mining companies with high correlations with gold include Sibanye Gold (SBGL), Gold Fields (GFI), Pan American Silver (PAAS), and Coeur Mining (CDE).
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Mining in Australia is a significant primary industry and contributor to the Australian economy. Historically, mining booms have also encouraged immigration to Australia.
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Among New Gold (NGD), First Majestic Silver (AG), B2Gold (BTG), Royal Gold (RGLD), and Goldcorp (GG), Goldcorp has the lowest correlation with gold.
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In addition, the price of gold increased dramatically in the 2000s, which increased gold mining; ... Mining equipment can generate considerable noise, ...
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This ETF offers investors exposure to some of the largest gold mining companies in the world, thereby delivering what can be thought of as "indirect" exposure to gold ...
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