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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Comment by wilwalon Dec 20, 2015 1:07pm
93 Views
Post# 24399306

RE:RE:History repeats

RE:RE:History repeats

More on Bissa Hill from the Jilbey JV:

 

Today, Bissa Hill/High River Gold has been taken over by Nordgold and has over 4 million oz of reserves and resources.  It produces 250k oz/year with an AISC of US$570/oz.  It's a huge money maker for Nordgold even in this environment of low POG. 

This is approximately what Boto/Diakha will become for IMG.   AISC will probably be a bit higher because grades may be lower in Boto/Diakha.  The other comparison that is more appropriate is B2Gold's Fekola which is extremely similar.

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