Mining Eye News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why Canada Could Be Home To The Next Great Gold Rush A run on gold has propelled it to an all-time high in August 2020 when it nearly doubled from its 5-year nadir, fueled by an overheating stock market, a raging pandemic and massive stimulus packages from governments around the world. But you still might not have missed the mega-rally.   Gold Rush 2.0 could just be getting started, with junior miners, in particular, gearing up for an encore thanks to their unique ability to act as highly leveraged plays capable of multiplying the gains of gold by margins because of the relative si...

6% Gold prices remained stagnant through the fourth quarter, driven by COVID-19 vaccine breakthroughs and a weaker US dollar. These factors, alongside inflation expectations and declining real yields, are likely to keep gold prices positive in the near term. "We're hearing from economists around the world that US inflation is expected to rise in the coming months on the back of global economic recovery, supported by various governments' fiscal and monetary stimulus initiatives," says Jay Patel, EY Canada Mining & Metals Strategy and Transactions Leader. "With inflation pressures rising, we ...