You could also start a business of buying and selling raw gold. Equipment leasing-: Not everyone in the mining industry can afford to buy all of the equipment that they need. You could purchase these equipment’s and rent them out to other people for a fee. If you live in an oil-producing country, you could start a crude oil exportation business while if you live in a country that doesn’t have natural crude oil deposits, you could start a business of importing crude oil into your country. Understand that mining companies may also increase their reserves by making acquisitions. You can start a business of mining limestone and selling to cement manufacturers. A mining major is easier to evaluate and easier to invest in. The most common is a failure, which leaves a deficit for all involved, including that of the banks and investors. I have also discovered that in business, people usually have this bandwagon attitude; ‘Oh! The junior mining stocks are almost the opposite of mining majors. As Gary Ng reminds us, while investing in mining stocks can be highly volatile, they often make stellar long-term investments. You could start a business of conducting feasibility studies, marketing research, writing business plans as well as business proposals. So, if you live in countries like USA, Jamaica, Cuba, Haiti, Dominican Republic, France, Nigeria or England, you could start a limestone mining business. 20. Iron-ore mining-: Iron-ore is the major mineral used in producing steel and can be found in countries like Nigeria, China, Australia, Brazil to mention few. 16. Likewise, there are miners who do not have an idea of where to sell their goods. 14. Blogging/ Industry magazine-: There are several websites out there that provide information for people who want to invest in the mining industry or people who are already in the industry. Trading in Small Cap Mining Stocks can be daunting for the novice trader. 12. 5. The second fate happens when a junior has enough profit to justify a major investing in it, leading to decent returns for everyone. Transportation Services-: After mining, these items need to be transported to places where they would be refined or used. 18. Tweet with hash tag #miningfeeds or @miningfeeds and your tweets will be displayed across this site. If you take a quick trip to a website like Alibaba.com, you would see tons of buyers interested in buying products in the mining industry. Many investors make the mistake of only looking at the probable value of the mineral resource a company has in the ground. If there is one thing I have learned, it is that successful business owners think outside the box. Forex business is trending, let’s all go and do Forex’’ then everyone jumps into Forex business and before you know it, the business crashes and it’s back to square one and then we blame it on the economy or the government. Often, a company’s advertising efforts are so successful that it increases the stock in a negative ratio compared to the size of its ore body. Market cap: US$9.32 billion. 6. Also keep in mind that the superior junior mines obtain a major partner that agrees to finance the mine development in exchange for stock in the property. Do you live in a region where there is an abundance of mineral resources and you are seeking ways to profit from this resources? 7. Businesses like agriculture and mining are in the list of businesses that people do not pay much attention to. Trading in Small Cap Mining Stocks can be daunting for the novice trader. Quarry-: Starting a quarry is also a very good business idea because stones are very important materials used in the construction industry. Petroleum refinery-: In countries like Nigeria where lack of functioning refineries is the major reason given for lack of affordable fuel in the country despite the fact that the country produces crude oil, you could set up a mini-refinery where petroleum products could be refined. Financial Consultant-: You could also become a financial consultant to people in the mining business. You would help them secure funding, help them with tax issues and anything that has to do with the financial aspect of the business. 4. Albemarle is one of the largest lithium producers in the … For example, it is advantageous for a gold stock’s market cap to be half the value of the gold. 19. 17. 2. A junior company is a volatile, small or newer company that is still developing and looking for a natural resource deposit or field. 10. 9. Since the share values of these companies are likely to be volatile, some companies in the small cap world or in small cap indexes can have market caps substantially higher than the starting range. Small mining firms are failing to increase their hiring of women while trading companies have made little progress in boosting Black representation, an industry conference heard on Monday. Then below are the top 20 small business opportunities in the mining industry. If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe. For the juniors, there are three possible outcomes. When mineral prices are down from previous record highs, one could see an increase in mining company acquisitions at volatile prices. I agree that it is comparably difficult to set up a mining business and the business poses a lot of risks but which business is easy? Traders, especially novices, should always look at the market cap of gold mining stocks. Everyone wants to buy and sell the same thing or offer the same services but the real money is not in these kinds of businesses. Toronto financial entrepreneur Gary Ng offers 3 top things to look for in Small Cap Mining investing.
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