Speaking to the Investing News Network, Joe Mazumdar, editor of Exploration Insights, explained how he’s getting low-risk exposure to the gold sector as the metal’s price continues to move.
Given that inflation remains an issue for miners, he’s focusing on small gold royalty companies. “That’s what I’ve been trying to do to invest in a rising gold price and some growth, but without the creep of costs,” he said.
“They had a plant where they were producing the concentrate — the carbonates — as a product. Their idea is to get to oxide, and now they’ve just done a deal with a company that could convert it potentially to metal,” he said.
Watch the interview above for more from Mazumdar on those and other topics.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
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