Video: Gold mining faces a cliff after 2025, CRU analyst predicts
Global gold production will peak at about 3,250 tonnes (105 million oz.) next year, according to CRU's Oliver Blagden.
Wheaton Precious Metals (NYSE: WPM), one of the world’s largest precious metals streaming companies, has come onboard as a client of Blockhead Technologies, a software company that creates enterprise solutions for the global mining sector.
Wheaton will be leveraging Blockhead’s technology as part of the streamlining of its metal accounting processes. With a market cap of approximately $9.5 billion, Wheaton has streaming agreements relating to 19 operating mines and nine development projects and produced over 680,000 gold equivalent ounces in 2018.
Blockhead’s flagship platform, STAMP, aims to bring secure tracking and source certification into mining value chains. The platform, which the company says is the future of mining technology, enables companies to have greater control over their current data, can integrate with any existing system with a supply chain.
Blockhead implements solutions for simplifying the data management process and provides access to instant data analysis.
Blockhead Technologies has headquarters in Vancouver, Canada, and Perth, Western Australia.
Comments
Mining CFO
Link is broken to blockhead technologies website. Would appear to be http://www.bht.io