There are good reasons to be skeptical about the narrative of the Roaring Twenties 2.0.

President and CEO Russell Ball has stepped down, to be replaced by senior VP and COO Darren Hall.

Gold is now in danger of a material move lower, one analyst said.

In the wake of the recent gold price decline, metal holdings in the GLD gold ETF have fallen by 26 tonnes in a week.

Mining firms say red tape has prevented them from generating their own power for years and have lobbied the government for rule changes.

The company’s two Ontario underground mines both posted strong performance in the quarter.

Average production in the first five years is estimated at 287,000 oz gold annually.

“We are the only Africa mining-focused SPAC amongst a sea of SPACs,” said Rob Hersov, the founder and chairman of the company.