David Iben is the co-founder, managing member, founder, and chairman of the board of governors of Kopernik Global Investors. Before founding the company, he worked for Vinik Asset Management. As a partner in the firm, he helped to raise the $38 billion in assets under management that made up Tradewinds Global Investors. The mining industry has remained resilient in the face of the COVID-19 pandemic, despite widespread outbreaks. For 2020, PwC estimates that the world’s top 40 mining companies will generate $544.44 billion in revenue. Vale S.A., BHP Group, and Rio Tinto Group are three of the most well-known mining companies.
Here is Insider Monkey’s list of 11 mining stocks to buy now according to David Iben’s Kopernik Global Investor. In the third quarter of 2021, Vista Gold Corp. saw a rise in hedge fund interest. Shares of the company purchased by Kopernik Global Investors totaled 337,992 at a price of $245,000. At the end of the third quarter, the number of long hedge fund positions had risen to four. International Tower Hill Mines Ltd is a mineral exploration company that focuses on the acquisition and exploration of mining properties. At the end of September 2021, the company’s cash and cash equivalents stood at $9.2 million, down from $13.04 million at the end of December 2019. A gold and mineral resource exploration, development, and production company called IAG is on the scene. The quarter’s revenue was $294.10 million, a decrease of 12.24 percent from the same period last year. IAMGOLD Corporation’s largest shareholder is Jim Simons’ Renaissance Technologies. A gold mining company, New Gold Inc. develops, mines and mines mineral resources. Wheaton Precious Metals recently agreed to pay $300 million for the company’s current gold stream at the Blackwater Project in British Columbia, Canada. The gold and copper mineral exploration and development company Northern Dynasty Minerals Ltd. Kopernik Global Investors owns 27.70 million shares of the company, valued at more than $12.72 million, making them a significant shareholder. As a long-term investment, analysts and investors prefer Royal Gold, Inc. There was a 16.7% increase in the quarterly dividend of $0.35 per share that was announced in November. For more details, click the 11 Mining Stocks To Buy Now According To David Iben’s Kopernik Global Investors.
