NEM - Gold Mining Industry Forges New Paths to Generate Higher Yields

After a lengthy rough patch, the gold industry is showing signs of revival thanks to record high gold prices last year. Many experts predict bigger cash flows for these gold companies in the near future. Gold Mining has traditionally been a more fragmented industry than other industries, wherein the top companies only control roughly 20% of the gold mining production. As such, companies are seeking to expand their production lines and profit margins. In this environment, many gold mining companies like Kinross Gold Corporation (NYSE:KGC) (TSX:K), Barrick Gold Corporation (NYSE:GOLD), Newmont Corporation (NYSE:NEM), and AngloGold Ashanti (NYSE:AU) are ...