The world’s No. 1 platinum miner said the price of the metal could climb more than 80% over the next four to five years as the global economy recovers and supply dwindles.

Analysts were forecasting gold prices at $1,558.8/oz on average, up 12% from 2019, still short of the actual price by over $200.

U.S. Global Investors traces 10 years of commodity price performance.

The world’s 50 most valuable mining companies jumps to a new record high of $1.3 trillion by year’s end.

The Vancouver-based miner says the project is prospective for nickel, copper, cobalt, PGE and gold mineralization.

Amid efforts to move the world away from fossil fuels, energy metals are a key pathway to tackling climate change and transition towards a low-carbon future.

Analysts say silver's dual role and its greater volatility mean it could fare better than gold.