In the narrower sense, shares in mining companies. – Securities and, in particular, shares issued by the coal mining and iron and steel industries. They played an important role in Europe until the first half of the 20th century because the products of these industries formed the backbone of the industrial economy and also of the wartime economy. – In the stock exchange reports of the time, a distinction was made between ironworks, which were affiliated with coal mines, and mining companies, which also owned ironworks. – See share, mixed, energy stocks, news stocks, defense stocks.
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