The gold miner ETF of GDX ended the month on a weak note, settling -0.5% at $22.24, which made for net monthly decline of -2.0%. Things turn hyper bullish for the miners with Gold >$1400s.
Suffice to add, even though GDX saw the first net monthly decline since Sept'2018, the miners did break a new multi-month high. The m/t trend is still leaning upward. Things turn decisive above the Feb'2017 high of $25.37.
Barrick Gold (GOLD)
A net monthly decline of -5.6% to $12.64. The market is not entirely happy with Barrick now seeking a merger with Newmont.
Newmont Mining (NEM)
Newmont settled +1cent to $34.12. The company is still in the process of finalising a merger with Goldcorp (GG). That merger is itself in jeopardy due to the attempted merger from Barrick Gold.
For the record, I don't want to see the two biggest miners merge. There is little to be gained, other than very minor reductions in management/admin costs.