Last week I offered five reasons why it still makes sense to buy or own gold. The guidance came from Caesar Bryan, one of the best gold analysts in the business.
Bryan has managed the Gabelli Gold Fund USGLDAX for 26 years, and hes simply crushed his benchmark MSCI WorldMetals amp Mining Index. Hes beaten it by 50.5 percentage points over the past year, 13 percentage points annualized over five years, and 4 percentage points annualized over 15 years, according to Morningstar. The fund also outperforms the SP 500, the Dow Jones Industrial Average and Nasdaq over the past year.
Heres last weeks column on gold Gold is going higher despite recent surge.
And today we discuss the best way to pick gold-mining stocks, and 17 to consider. Gold prices USGC00 rose to a fresh high Tuesday.
Many gold-mining companies are small, so its tough to attract decent talent at the top. The Philadelphia Gold and Silver Index USXAU the top 30 stocks has about the same market value as J.P. Morgan USJPM. So its especially important to size up management.
The application of mining technology in South African gold mining has two main aims to assist the industry and its employees to work safely and to work efficiently. A great deal of attention is currently being focused by gold mining companies on the development of processes and technologies that will remove as far as possible.
Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral commodities. Mining Technology Mining News and Views Updated Daily is using cookies Theta Gold selects Digmin as mining contractor for Theta Project.
The mining industry is rapidly changing in the current economic climate. Check out the latest articles in the feed below. Many of these metals and materials are crucial to support the global.
In recent years, however, the volume of gold used in technology has fallen, primarily because of falling demand in the electronics sector. Now, that might be changing. In 2017, the amount of gold used in technology rose by 3 to 332.8 tonnes, the first year-on-year increase since 2010.
Oct 18, 2017nbsp018332A small Canadian companys new way of extracting gold and other precious metals is showing big promise for the mining industry, and for efforts to deal with the growing problem of.
Aug 28, 2020nbsp018332How to cash in on mining technology. Companies that combine the booming worlds of IT and mining into a new class of pick-tech stock stand to.
Jan 06, 2015nbsp018332How new technologies are helping mining companies to come clean The mining sector is now one of the biggest markets for wastewater treatment,.
Aug 05, 2020nbsp018332Analog Gold is a mining investment company that combines proven, responsible, and sustainable mining practices with leading technology to.
Oct 31, 2019nbsp018332Mining stands to gain a lot from automation, and the industry is waking up to the benefits of new technologies. But what helps one area can hurt another, and mining.
Mining is a major employer in certain developing countries, and there can be five or six times the amount of people operating in a mine compared to Canada or Australia, says Bryant. Automation could potentially leave tens of thousands of people without jobs in developing countries which are at present heavily dependent on the mining industry for jobs. This loss of jobs could be mitigated if new jobs were created on the back of new technologies, but in this case theres no clear picture, like in robotics, that there will be X number of equivalent smart jobs created, says Bryant.
On top of the potential devastating impact on jobs, automation could also disrupt the relationships that miners have with the governments of developing countries. There is an almost codified objective to create thousands of jobs when a government agrees with anbsp company to develop a mine, says Bryant. Automation could completely invalidate these agreements, which would in turn jeopardize the growth of the industry expected elsewhere.nbsp.
Golden Predator Mining Corp. TSXVGPY OTCQBNTGSF has spearheaded and successfully tested the application of EnviroLeach technology to the recovery of gold from sulfide concentrates where cyanide is not feasible or permitted, using its proprietary mobile recovery unit. To learn more about Group 11, please visit www.gr11tech.com.
Mar 11, 2019nbsp018332Asante Gold Explores New Mining Technology for Kubi Gold Project, Ghana. Email Print Friendly Share. March 11, 2019 0930 ET Source Asante Gold Corporation.
On the back of successful industry trials and the first gold pour last year, Australias national science agency, CSIRO, says it will transfer its Going for Gold process technology to Australian company, Clean Mining Ltd The alternative gold recovery process technology, which dispenses with toxic cyanide and mercury currently used in most gold production processes worldwide, could.
1 day agonbsp018332In the latest example of generalists embracing gold, last week the Ohio Police amp Fire Pension Fund OPampF approved a 5 allocation into gold in a move to diversify its portfolio and hedge against the risk of inflation. And Why shouldnt investors look at the mining sector for value.
HENDERSON, Nevada, Aug. 21, 2020 PRNewswire --BRK, Inc. the Company OTC BRKK is pleased to announce that it will supply its Gen2 proprietary camera platform to a gold mining concern. Gen2 fixed cameras and Iris micro-body cameras will be integrated into the gold mining value chain from the refining process to smelting into coins and to vault storage. The cameras will integrate into the blockchain and will enable a digital token, backed and valued in physical gold.
Mr. Michael Kovacocy, COO and Head of IR at BRK, stated We are pleased to have been selected to help address the pressing needs of the global gold market. We view industrial applications of our cutting-edge Gen2 camera technology as an important growth segment for the future. The financing of the development of mining specific equipment and subsequent significant orders of equipment will be contingent on the successful initial raise of our client which as per our agreement is set at a milestone of 15m USD.
1 day agonbsp018332K92 Mining TSXV KNT this morning reported results from the first significant exploration undertaken on the Judd vein system at its Kainantu Gold Mine in Papua New Guinea. The company conducted 109 metres worth of channel sampling on the first vein in the system, revealing 5.5 gt gold equivalent within an estimated 6,200 tonnes.
Aug 22, 2020nbsp018332Vancouver, British Columbia, Canada About Blog Mining news and commentary from around the globe. Daily updates on gold and commodity prices, exploration, mine development and mining company activities. Frequency 12 posts day Blog mining.com Facebook fans 24.5K Twitter followers 56.8K Social Engagement 22 Domain Authority 72 Alexa Rank 47.6K View Latest.
With new technology, the age-old hunt for gold, copper and other precious minerals is shifting to a new frontier the ocean floor. And having metal commodities in high demand, mining companies are looking to the sea. Mining companies have long known the worlds oceans and seas cover vast troves of metals. Yet, unlike oil-and-gas companies,.
The AI-Powered Search Engine Promises to Bolster Analog Golds Growth in Undervalued Mining Market.
FORT LAUDERDALE, Fla. and NASHVILLE, Tenn., Aug. 5, 2020 PRNewswire --Today,Analog Gold Inc, a mining investment company, announced the acquisition of the Prospector, a search engine that aims to modernize the mining industry. Prospectors pioneering technology will figure prominently into Analog Golds expansion plans in the commodities sector.
Prospector offers a Service-as-a-Software SaaS platform that utilizes artificial intelligence AI to provide a user-friendly way to access and analyze information. Prospector draws information from public exchanges and recently announced a collaboration with the leading global mining finance exchange, TMX Datalinx, which operates the Toronto Stock Exchange and represents 48 of publicly traded mining projects globally.
The addition of Prospectors platform and highly talented team marks a pivotal moment for our company, said Analog Gold CEO Jim Culver. We believe the mining market remains undervalued and the combination of this technology with our portfolio of precious metals projects positions us to grow in new ways.
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