The majority of gold producers continue to demonstrate their commitment to disciplined capital allocation, focused on value accretive growth, enhancing shareholder returns, and profitability, and maintaining healthy balance sheets. We also see an increase in responsible operators, aiming to deliver benefits to all stakeholders, while carefully managing the impact on the environment. In our view, a potential re-rating of the gold mining equities from historically low valuations at present is well supported by the industry’s strong fundamentals.

MVIS® Global Junior Gold Miners Index

6/11/2022-6/11/2023

Source: MarketVector IndexesTM. All values are rebased to 1,000. Data as of June 11, 2023.

 

About the Author:

Ima Casanova joined VanEck in 2011. Before VanEck, Ima was Managing Director and Senior Equity Research Analyst at McNicoll Lewis & Vlak and established the firm's metals and mining research department. Previously, she was Equity Research Analyst at Barnard Jacobs Mellet USA and BMO Capital Markets and held positions as Production Technologist, Offshore Wellsite Supervisor, and Petroleum Engineer for Shell Exploration and Production. Ima has both an MS and a BS (magna cum laude) in Mechanical Engineering from Case Western Reserve University.

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