Goldcorp extends Osisko offer

Over 130 industry delegates descended on Ghana’s capital Accra on 7 September, to attend DMCC’s second Africa Dubai Precious Metals Forum (‘ADPMF’) held at the Kempinski Hotel.

Anglo American Platinum forced to stockpile concentrate and shut down smelter in South Africa responsible for one fifth of its refined platinum output.

Sells Gulf oil assets for $2 billion, bringing asset sales for the world's no 1 copper miner this year to $6 billion.

Gold output reaches 35,753 ounces at an average mill feed grade of an eye-watering 15.44 g/t gold at the Burkina Faso mine entering commercial production.

Klondex reaches positive production decision and updates reserves at historic mine near Bisset in Canadian province.

There are many fundamentals that drive the gold price, fear of Governments, fear of inflation an out of control money supply, fractured political systems and a central banking cartel devoid of any real understanding that what they do does not work never has and never will.

The only people buying that early were quants and huge hedge funds. The question, then, was: What factors or models were the quants using to uncover gold’s meteoric rise this year?

South Africa is believed to have approximately 6,000 abandoned mines and between 8,000 and 30,000 illegal miners across the country.

The goal is to apply the latest technology available to cut costs and bring additional value out of existing operations.