Massive $6.7 Billion Gold Deal Signals More M&A on the HorizonFN Media Group Presents Microsmallcap.com Market Commentary New York, NY – June 7, 2022 – Last year, the gold market saw several monumental mergers and acquisitions (M&A), and 2022 is following that same pattern. Depleting gold reserves, market pressure to bolster valuations and gold asset scarcity are sending larger miners on the lookout for […]
Why Analysts are Becoming More Positive About Gold in 2022 as Unrest ContinuesPalm Beach, FL – April 6, 2022 – FinancialNewsMedia.com News Commentary – A recent article in GoldFix, discussing predictions on the gold market had this to say: “Most price forecasts aren’t worth more than an umbrella in a hurricane. There are so many factors, so many ever-changing variables, that even the experts usually miss the […]
Global Gold Output Expected To Rise 5.5% In 2021Palm Beach, FL – June 8, 2021 – When the word ‘Gold” comes up in discussions, it is usually about the metal’s current price per ounce and whether is going up… or down. What investors should be looking at is… how much gold is being mined. It’s the supply and demand aspect that is sometimes overlooked. In times like the pandemic, while demand soared so did the price… and some industry insiders also believe that even with increased supply, the price will continue to hold firm if not continue to rise, albeit at a more moderate pace. A recent article in Reuters reporting that industry insider Metals Focus said that “Gold mines will produce more than ever in 2021. They said: “The world’s mines will produce 3,368 tonnes of gold this year, down 4.6% from 2019 and the lowest in 5 years, but high bullion prices will help to push up output by 8.8% to a record 3,664 tonnes in 2021, consultancy Metals Focus said on Wednesday… Demand for gold, meanwhile, will fall 25% this year to about 3,000 tonnes before recovering 17% in 2021, the consultant’s head of mine supply, Adam Webb, said in a webinar.” Active stocks in the mining markets this week include Calibre Mining Corp. (OTCQX: CXBMF) (TSX: CXB), GoldMining Inc. (
NYSEGLDG) (TSX: GOLD), Sandstorm Gold Ltd.
NYSE: SANDNYSESAND)
(NYSE: AUYNYSEAUY
(TSX: YRI), Kinross Gold Corporation (NYSE: KGCNYSE
) (TSX: K).
