The World Gold Council has published a new study on gold mining and climate change. Climate-related vulnerabilities in gold mining and possible adaptation strategies are examined, as well as how challenges can be overcome. Mining always provides for impacts of an economic and social nature. Sustainability has become an important concept in mining because it reduces negative impacts of mining. And it can also lead to greater resilience. This means reacting more quickly to changes, p
September is often the worst month for stocks. For gold, September is a good month from a seasonal perspective. Last month saw the price of gold fall by around seven percent, while the S&P lost 22 percent over the year. This was the worst month for the S&P since March 2020 and the worst month since September 2008. So gold has held up quite well despite the strong U.S. dollar and higher interest rates, beating U.S. Treasuries, domestic and foreign equities. So gold has shown itself to be
Aurania Resources announced that an intensive mapping program using the "Anaconda Method" has discovered highly prospective porphyritic felsic intrusive rocks, further anchor investor for Hannan Metals
But what will happen next? After all, the trend toward higher inflation rates is continuing. The 13th edition of the Global Wealth Report published by Credit Suisse Research Institute reveals continued wealth growth across all regions. In 2021, global wealth grew at a record pace. China and North America in particular stood out. At the end of 2021, global assets totaled $463.6 trillion, up 9.8 percent. Africa, Europe, India and Latin America accounted for only a combined 11.1 percent of asset gr
The gold price and the copper price mostly moved in opposite directions a long time ago. The situation has been different in recent years. Copper, also called Dr. Copper, indicates phases of economic weakness or strength. This is because the price of copper is normally based on economic trends. Gold, on the other hand, gains in attractiveness in times of crisis. And as history shows, the precious metal has retained its value through all uncertain and economically problematic times. In industry t