Fitch is revising down its 2021 gold price forecast, to an average of $1,780/oz from $1,850/oz previously.

New junior listings on the TSXV increased by 71% in 2020, while the amount of capital raised increased by 89%," says Global Business Reports.

The current bearish trend in gold may not last forever – although it may still take some time.

The Eau Claire project is 57 km from Newmont’s Éléonore mine.

The addition of Aura Minerals, B2Gold, Sandstorm Gold and Shandong Zhaojin brings total WGC members to 33.

Miners of the precious metal are expected to more than double dividends this year.

Pent-up demand for acquisitions should start to be realized as the world opens up assuming buoyant commodity prices hold up.