1 / 1 Relevant items tagged with #GoldMining
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Gold Production Struggles Despite 2024 Q1 Surge
[Jun 10 9:31 PM] The gold mining industry struggles to sustain production growth due to declining new deposits, reports the World Gold Council (WGC). Despite a 4% increase in first-quarter production in 2024, overall growth has plateaued since 2016. In 2023, mine…
South American Gold Miner Nilam Resources Enters Agreement to Acquire 24,800 Bitcoin
[Mar 25 2:50 PM] Nilam Resources, Inc., a precious metal mining company with principal assets in Peru, has announced it is entering into a Letter of Intent (LOI) with Xyberdata Ltd. to acquire 24,800 bitcoin. This agreement involves acquiring 100% of the common…
Economist Peter Schiff Says Gold Price Not Rising Fast Enough, Condemns Civil Ruling Against Donald Trump
[Feb 26 11:30 PM] Peter Schiff, a U.S. economist and gold advocate, has attributed the lacklustre performance of gold mining companies to the rising inflation rate, which contrasts with a largely static gold price. Schiff maintains that the U.S. inflation rate would…
The Environmental Cost of Gold Mining
[Jan 17 6:30 AM] King Ferdinand of Spain, sponsor of Christopher Columbus, had only one command for the conquistadors: “Get Gold! Humanely, if possible, but at all hazards!” 500 years later this sentiment still seems to be the same, with the addition of new…