Royal tsx ipad4/1/2023 Analyze its financial strength Investors should find mining companies that can withstand economic downturns and recessions. From the mining process to machinery to the minerals themselves, mining investors will do well to know exactly what a mining company does before buying its stocks. Not only do mining companies operate in a manner distinct from any other sector - they literally dig into the ground, not sit in swivel chairs - but also the vocabulary and industry terms can be complex, too. Know the mining industry The mining industry is fairly complex. Here are some minerals these companies extract: Precious metals: gold, silver, platinum, palladium Industrial metals: iron, ore, zinc, cobalt, lithium, nickel, copper, aluminum Construction materials: sand, crushed stone, limestone Energy materials: coal, oil sands, uranium Fertilizers: boron, potash, phosphate How can you find good mining stocks? 1. The mining sector makes up a large portion of Canadian stocks, with the TSX having more mining stocks than any other market in the world.
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