Experts Hinting Gold May Be Entering A Bull Market That Could Last Over A Decade
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PALM BEACH, Fla., March 3, 2021 /PRNewswire/ One of the big topics for the gold mining corporations in 2021 has been the prospect of mergers and acquisitions. Analysts predict another round of consolidation for the industry in 2021, although they aren t looking for mega-mergers. Instead, they expect to see a continuation of the trend in 2020 that brought a larger number of smaller deals. In a recent report, Bank of America (BofA) analyst Michael Jalonen and team said they believe the pressure to replace reserves that have been mined will be one of the big drivers for mergers and acquisitions this year. They noted that gold reserves have been falling since 2012, while gold output has remained stable. The report in Investor Place said that: The BofA team doesn t expect to see mega-mergers in the mining space this year. Ins
Golden Independence Mining Corp : Golden Independence Intersects 1 043 g/t Gold and 2 8 g/t Silver over 40 Feet at Independence Project
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Golden Independence Mining Corp : Golden Independence Announces Key Advisory Board Appointments
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Why Active Gold Mines Are Being Relied Upon To Produce More Than Ever In 2021
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PALM BEACH, Fla., Feb. 23, 2021 /PRNewswire/ Despite the global pandemic; actually because of the pandemic, Gold has enjoyed a sharp rise that, experts say, should continue during 2021. They see increases in mining and all time highs in the bullion market. A report from Metals Focus in Reuters (London) said that The world s mines will produce 3,368 tonnes of gold this year, down 4.6% from 2019 and the lowest in 5 years, but high bullion prices will help to push up output by 8.8% to a record 3,664 tonnes in 2021. Metals head of mine supply, Adam Webb, said that: Demand for gold, meanwhile, will fall 25% this year to about 3,000 tonnes before recovering 17% in 2021. Reuters continued: The coronavirus pandemic forced many mines to close temporarily and curtailed sales of gold jewelry, but it also triggered a rush to buy gold
Golden Independence Mining Corp : Golden Independence Intersects 1 436 g/t Gold and 179 5 g/t Silver over 65 Feet at Independence Project
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