Evy Hambro, which manages the $10 billion World Mining Fund at BlackRock, told Bloomberg that some gold miners could go bankrupt on slumping metal prices and rising costs.
GDXJ was down 45.3% for the three months ended June 28, according to Morningstar. It’s large-cap peer, Market Vectors Gold Miners (NYSEArca: GDXJ), was off 35.3% over the same period.
Market Vectors Junior Gold Miners
