Stock Day Media: Sixty North Gold Mining Ltd Discusses the High-Grade Potential of Mon Gold Project Restart with The Stock Day Podcast finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
While the idea of restarting a past-producing mine may seem odd, it provides companies with significant benefits.
Gold is considered by many investors to be a stable market, and over the past summer, the price surged above US$2,000 per ounce. While there are many uncertainties heading into 2021, gold continues to be a bastion of stability in an otherwise unpredictable market.
Mining companies present investors with a viable alternative to direct gold exposure by providing them with additional upside related to new discoveries, production and other aspects of the mining industry as a whole.
Both precious and strategic metals are in high demand within various industries, including jewelry, manufacturing, consumer goods, tech and other heavy industries. Companies such as Arizona Gold (TSX:AZG,OTCQB:KERMF) are looking to capitalize on this growing demand through the process of restarting a past-producing mine.