Riding the boom on gold bullion exchange-traded funds, Van Eck is preparing to launch an ETF that would follow publicly traded gold mining companies, according to The Wall Street Journal.

If approved, the New York firm's Van Eck Associates' Market Vectors Trust would follow the two-year-old American Stock Exchange's Gold Miners Index, which presently includes 43 companies, such as Newmont Mining Corp. of New York, Barrick Gold Corp. of Toronto, and Vancouver-based Goldcorp, Inc.  

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