Gold’s recent rise giving miners and investors something to dig
With gold prices hovering around $1,500 per ounce, there's an energy and optimism around the mining space that hasn't been there for years.
"I think the higher metal prices can really change the economics of opportunities that were shelved or on the back burner for other companies," MAG Silver CEO George Paspalas said on the conference sidelines."When you plug the new numbers in, it can become very interesting.” A sector banker said the favorable gold prices make it a good time for the companies to start welcoming bidders for assets that were shelved when gold was hanging around or below $1,200 per ounce.also reported that IAMGOLD was considering selling a stake in its Cote gold project, potentially one of its larger producers that wasbecause it will take more than $1.1 billion to develop.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Gold drops below the key $1,500 mark to post lowest finish in 2 monthsGold prices drop over 2% Monday, settling below the psychologically important level of $1,500 to post their lowest finish in two months, as strength in U.S....
Consulte Mais informação »
Your kid makes $1,500 a year in allowance. Here's how to turn that into a money lessonIf children saved their allowances, they could make $1,500 a year, according to a new survey from the American Institute of CPAs. But they aren't saving. Here's how to teach your child how to manage money responsibly through an allowance.
Consulte Mais informação »
Why we ditched the FIRE movement and couldn’t be happierHow this couple ditched the FIRE movement and couldn’t be happier: 'We now have the option to enjoy our lives.'
Consulte Mais informação »
The Mashup Of 'Truth Hurts' And Disney's 'The Aristocats' Is Pure HappinessA self-described 'Lizzbian' mashed up 'Truth Hurts' and 'Aristocats' and it's purrfection.
Consulte Mais informação »
Donavan Brazier Breaks 34-Year-Old American Record in the 800.donavanbrazier performance broke the previous American record of 1:42.60 set by Johnny Gray in 1985. WorldAthleticsChamps
Consulte Mais informação »
The Gold-Rimmed Manicure You're About To See EverywhereThe chic gold-rimmed manicure is one nail-art trend we're betting on for fall.
Consulte Mais informação »