A lot of observers are wondering when the bottom will come for the gold market, and evidence globally is starting to suggest it could be soon…..
Hedging. The term had become somewhat of a dirty word in the gold business. With producers having spent the last decade attempting to reduce their hedge positions. In order to gain exposure to a rising gold price. But it appears the tables have now turned. Gold prices have moved down rather than up. And so a … Continue reading “The H-Word is Back in Gold”
Zinc seems to be getting a mention everywhere these days. I talked last week about how analysts Wood Mackenzie have said zinc will be the star of the base metals complex over the next few years….
Low gold prices are starting to cure low gold prices it appears. The first signs of meaningful production cuts for the industry emerged this week, in Ghana. Ben Aryee, head of the state Minerals Commission, told reporters that Ghana’s gold output may drop as much as 18% this year. Aryee reported that the nation’s production … Continue reading “A Signal that Gold prices are too low?”
Are industry costs starting to decrease?….
Dave Forest, author at Pierce Points explains (on the back of current news) why infrastructure is so important for these deposits…
According to Dave Forest @ PiercePoints, India is the last exploration frontier…