Gold Needs to „Glow Up“ Good article from Sprott CEO Peter Grosskopf on the future of Gold „We believe that standardization and tokenization is the next critical step for gold. #goldprice #gold #preciousmetals #incometcapital #sgi79 Article Peter Grosskopf, CEO Sprott Inc.
Impact of COVID-19 on the mining industry Impact of COVID-19 (McKinsey): Production decreased by ~42%. Planned production reduction for 2020 was ~30%. Reasons for this decrease are a reduction in demand and limited workforce. Most operating costs increased by ~16%. Reasons are additional infrastructure and transportation costs. Capital costs Half of all operations have…
Through cycle investment in mining Our team has experienced several commodity cycles in the last 25 years and we can also just emphasize the importance of disciplined investments during a down cycle (Gold: 2011-2019; Copper: 2016-2019). Our operations have been optimized in the last two years to participate in the upcoming base metal super…