The Gold (Control) Act

Why the Scarcity Of Gold Could Lead To Positive Gains Over Next 10 Years

Retrieved on: 
Wednesday, May 19, 2021

Currently, the gold price is increasing because there is a clear need for a safe haven investment.

Key Points: 
  • Currently, the gold price is increasing because there is a clear need for a safe haven investment.
  • But 2030, the price of gold will likely be a lot higher than where it is today as the Covid-19 recession will help spike its price.
  • Significant intercepts include more than 5 oz/ton gold over 13 feet estimated true width (see Table A for full results).
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Why the Scarcity Of Gold Could Lead To Positive Gains Over Next 10 Years

Retrieved on: 
Wednesday, May 19, 2021

Currently, the gold price is increasing because there is a clear need for a safe haven investment.

Key Points: 
  • Currently, the gold price is increasing because there is a clear need for a safe haven investment.
  • But 2030, the price of gold will likely be a lot higher than where it is today as the Covid-19 recession will help spike its price.
  • Significant intercepts include more than 5 oz/ton gold over 13 feet estimated true width (see Table A for full results).
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Gold Prices Hold Steady Amidst Burgeoning Manufacturing Activity

Retrieved on: 
Friday, March 19, 2021

NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.

Key Points: 
  • NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.
  • The index for current manufacturing activity in the region jumped from a reading of 23.1 in February to 51.8 this month, its highest point in nearly 50 years.
  • While positive for the gold market, the increased manufacturing activity is also coming with higher prices, indicating further inflation pressures.
  • The True Grit Project is host to the deep seated GRUB Line fault zone, a known conduit for gold mineralization and gold bearing fluids across the Exploits subzone.

Gold Prices Hold Steady Amidst Burgeoning Manufacturing Activity

Retrieved on: 
Friday, March 19, 2021

NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.

Key Points: 
  • NEW YORK, March 19, 2021 /PRNewswire/ -- Gold prices held steady on Thursday, at round USD 1,720 an ounce.
  • The index for current manufacturing activity in the region jumped from a reading of 23.1 in February to 51.8 this month, its highest point in nearly 50 years.
  • While positive for the gold market, the increased manufacturing activity is also coming with higher prices, indicating further inflation pressures.
  • The True Grit Project is host to the deep seated GRUB Line fault zone, a known conduit for gold mineralization and gold bearing fluids across the Exploits subzone.

Why Mounting Pandemic And Vaccine Concerns May Create A Surge In Gold Prices

Retrieved on: 
Wednesday, January 6, 2021

The Jan. 5 Senate runoff elections in Georgia also might serve as a positive catalyst for the gold price and help gold stocks regain lost luster.

Key Points: 
  • The Jan. 5 Senate runoff elections in Georgia also might serve as a positive catalyst for the gold price and help gold stocks regain lost luster.
  • An increase in safe-haven investment demand in the wake of the virus-induced economic slump also contributed, Capital Economics wrote recently.
  • That is a process that gathered pace in the face of the pandemic."
  • Eldorado Gold Corporation (NYSE: EGO) (TSX: ELD.TO) recently released its updated Reserve and Resource estimates as of September 30, 2020.

Why Mounting Pandemic And Vaccine Concerns May Create A Surge In Gold Prices

Retrieved on: 
Wednesday, January 6, 2021

The Jan. 5 Senate runoff elections in Georgia also might serve as a positive catalyst for the gold price and help gold stocks regain lost luster.

Key Points: 
  • The Jan. 5 Senate runoff elections in Georgia also might serve as a positive catalyst for the gold price and help gold stocks regain lost luster.
  • An increase in safe-haven investment demand in the wake of the virus-induced economic slump also contributed, Capital Economics wrote recently.
  • That is a process that gathered pace in the face of the pandemic."
  • Eldorado Gold Corporation (NYSE: EGO) (TSX: ELD.TO) recently released its updated Reserve and Resource estimates as of September 30, 2020.

Australian Gold Mining Sector Outlook to 2024 with Updated COVID-19 Impact Analysis - ResearchAndMarkets.com

Retrieved on: 
Monday, January 4, 2021

The "Australia Gold Mining to 2024 - Updated with Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Australia Gold Mining to 2024 - Updated with Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
  • The report provides historical and forecast data on Australia's gold production, production by major producers, reserves, top gold mines by reserves and insight on the impact of COVID-19 on the country's gold mining industry.
  • Demand section provides information on the country's gold demand from China, insight on Chinese gold demand by end use example jewellery and bars and coins.
  • In 2020, output from Australian gold mines is expected to grow by 4.3%, with little impact from the COVID-19 pandemic.

Demand For Gold During Pandemic Drives Strong Growth In Gold Mining Industry

Retrieved on: 
Monday, November 9, 2020

The global gold market is likely to be affected by the fluctuating supply of mined gold as the global gold production is a mix of scrap recovery, central bank supply, and mined gold.

Key Points: 
  • The global gold market is likely to be affected by the fluctuating supply of mined gold as the global gold production is a mix of scrap recovery, central bank supply, and mined gold.
  • A report from IBISWorld, looking at the last five years said that: "The Gold Mining industry comprises operators that extract precious metals to produce concentrate, ore and bullion.
  • While US gold (and silver) production primarily declined in the early 2000s, gold production has been strong since 2014 based on higher demand for gold both as a safe haven for investors as well as a byproduct of increased end market demand.
  • Additionally, while gold prices rose prior to the five years to 2020, they have since climbed to seven-year highs, driving industry revenue.

Demand For Gold During Pandemic Drives Strong Growth In Gold Mining Industry

Retrieved on: 
Monday, November 9, 2020

The global gold market is likely to be affected by the fluctuating supply of mined gold as the global gold production is a mix of scrap recovery, central bank supply, and mined gold.

Key Points: 
  • The global gold market is likely to be affected by the fluctuating supply of mined gold as the global gold production is a mix of scrap recovery, central bank supply, and mined gold.
  • A report from IBISWorld, looking at the last five years said that: "The Gold Mining industry comprises operators that extract precious metals to produce concentrate, ore and bullion.
  • While US gold (and silver) production primarily declined in the early 2000s, gold production has been strong since 2014 based on higher demand for gold both as a safe haven for investors as well as a byproduct of increased end market demand.
  • Additionally, while gold prices rose prior to the five years to 2020, they have since climbed to seven-year highs, driving industry revenue.

Calibre Mining Reports Strong Third Quarter Gold Production; Cash on hand at Quarter End Increased by 124% to $56 million

Retrieved on: 
Wednesday, October 7, 2020

Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua.

Key Points: 
  • Calibre Mining is a Canadian-listed gold mining and exploration company with two 100%-owned operating gold mines in Nicaragua.
  • In the gold mining industry, these are common performance measures but do not have any standardized meaning.
  • Total cash costs per gold ounce are net of by-product silver sales and are divided by gold ounces sold to arrive at a per ounce figure.
  • The World Gold Council is a non-regulatory, non-profit organization established in 1987 whose members include global senior mining companies.