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Why Gold Mining Production Is Expected to Achieve All Time Highs In 2021


Why Gold Mining Production Is Expected to Achieve All Time Highs In 2021
FinancialNewsMedia.com News Commentary
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PALM BEACH,  Fla., May 19, 2021 /PRNewswire/ Precious metals and commodities, and almost everything that is sold, is subject to the laws of supply and demand… Gold is the exemption! The law of demand says that at higher prices, buyers will demand less of an economic good. The law of supply says that at higher prices, sellers will supply more for less. These two laws interact to determine the actual market prices and volume of goods that are traded on a market. Several independent factors can affect the shape of market supply and demand, influencing both the prices and quantities that we observe in markets. Even though the price of gold is going up, it is still in demand and miners are holping to mine even more.  According to Gold.org, the best estimates currently available suggest that around 197,576 tonnes of  ....

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Why Experts Say Investing In Gold Is Smart Move No Matter What The Stock Market Is Doing


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FinancialNewsMedia.com News Commentary
PALM BEACH, Fla., April 14, 2021 /PRNewswire/ Last year was a great year for gold… and experts expect more of the same in 2021 and beyond. Experts say the factors why it gained were: risk, rates and momentum. Gold was one of the best performing major assets of 2020 driven by a combination of: high risk; low interest rates; and positive price momentum - especially during late spring and summer. An article
in Gold.org said that Economic recovery and low interest rates set the tone. The article said: The COVID-19 pandemic raised uncertainty by compounding existing risks and creating new ones. But by the end of last year, investors were optimistic that the worst was over. Looking ahead, we believe that investors will likely see the low interest rate environment as an opportunity to add risk assets in the hope that economic recovery is on the immediate horizon. That said, investors will likely also be navigating potential port ....

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St. James Gold Corp. Is Pleased To Announce Updated Resource On The Florin Gold Project, Yukon, With An Inferred Resource Of 2,474,000 oz Of Gold


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VANCOUVER, British Columbia, April 9, 2021 /PRNewswire/  
St. James Gold Corp. (TSXV: LORD)(OTCQB: LRDJF)(FSE: BVU3) (the Company or St. James Gold ) is pleased to announce that it has received a technical report prepared in accordance with National Instrument 43-101 entitled Florin Gold Project NI 43-101 Technical Report, Mayo and Dawson Mining Districts, Yukon Territory, by Ronald G Simpson, P.Geo. of GeoSim Services Inc., dated April 6, 2021 (the Technical Report ).
The Florin Gold Project contains an inferred resource of 2,474,000 oz gold contained in 170,993,000 tonnes grading 0.45 g/t with a cutoff of 0.30g/t, at a $1,650 gold price. This represents a 27% increase in total ounces of gold over the historical 2012 inferred resource (Cole, 2012).  In addition, the resource has been upgraded from a block model and now includes a pit whittle shell. ....

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