The tumbling iron ore and coal prices have captured much of the market's attention this year, and many investors have been avoiding the resources sector altogether as a result. What they seem to be forgetting however, is that although the mining industry might not be as dominant as it once was, there are still big profits to be made – provided that you know where to find them!
It is important to remember that the sector is not limited to big-name stocks, such as BHP Billiton Limited (ASX: BHP), Rio Tinto Limited (ASX: RIO) and New Hope Corporation Limited (ASX: NHC). While the returns from these companies may be restricted in the near future given their sheer size and the falling commodity prices relative to their businesses, there are still other, smaller companies, just waiting to explode.
Look no further than Liquefied Natural Gas Limited (ASX: LNG) as a perfect example. Since the beginning of 2014, its shares have jumped an exceptional 653%. Extend that over the last 12 months and it has actually skyrocketed 933%!
While the big gains have already been made by LNG, The Motley Fool's TOP advisers have been hard at work identifying another bout of companies which are poised to benefit from the rising prices of oil, copper and gold, which continue to be in high-demand.
