Mining Stocks: Fool’s Gold or Diamonds in the Rough?

“Many junior miners are already struggling to remain profitable. We may soon see them begin to close down some of their more costly mines, spend less on exploration and invest less in general. However, as miners are forced to cut output, prices should begin to stabilize. If your appetite for risk is relatively high, you may want to consider bargain hunting in this sector. If you do decide to look more closely at mining stocks, you must remain nimble, and try to find large, relatively stable companies that pay a healthy dividend. One company that fits the bill is Newmont Mining (NEM), which has a dividend yield of 4.7 percent.”

http://www.moneyandmarkets.com/mining-stocks-fools-gold-or-diamonds-in-the-rough-52120

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