Profit from this forgotten gold mine

The economics of gold have changed in the last few years, with once-unprofitable mines coming back in to operation. Here, Tom Bulford looks at one small-cap gold miner looking to restore a forgotten mine to its former glory.

All over the world old gold mines are being brought back to life. Long forgotten and neglected, flooded, overrun by the jungle and fallen into decay they nonetheless represent an enticing proposition at today's record gold price. Few though have quite such a history as the Raub mine in central Malaysia.

It has a dark history of plunder and neglect. With joyous early developers being driven away by invading armies and a devastating collapse in the gold market.

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Tom worked as a fund manager in the City of London and in Hong Kong for over 20 years. As a director with Schroder Investment Management International he was responsible for £2 billion of foreign clients' money, and launched what became Argentina's largest mutual fund. Now working from his home in Oxfordshire, Tom Bulford helps private investors with his premium tipping newsletter, Red Hot Biotech Alert.