They have had a rocky ride, but ultimately investors with nerves of steel who backed the UK's biggest commodity stocks over the last ten years would have been rewarded for their patience.
The winning stock over the ten years to 3 March 2012 was African focused gold mining and exploration company Randgold Resources. Last week Randgold plunged more than 10% in a single day after a military coup in Mali threatened to impact its gold production. But if you had ridden the dips, a £100 investment in the stock in 2002 would have produced a return of £2,438 by 2012. Commodities and resources stocks are notoriously volatile, but a look at the best performing stocks over the last decade reveals more than of these firms in the winners’ list. Mining giant BHP Billiton also feat...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes