Miners Beware! Randy Smallwood Warns This Is Happening Right Now

Gold production is reaching its limit, warns Randy Smallwood, CEO of Wheaton Precious Metals. Speaking with Kitco News at the Mines & Money conference, the mining executive said this will be a key price driver for the metal moving forward. “I use a phrase called geological inflation - it’s getting tougher to find ore bodies and there’s not as much effort being put into it,” he said. “We can see already in silver production, where we’ve truly reached a peak. Gold is right around that stage too.” (Originally aired on Oct. 4, 2017). (show less)

Gold production is reaching its limit, warns Randy Smallwood, CEO of Wheaton Precious Metals. Speaking with Kitco News at the Mines & Money conference, the mining executive said this will be a key price driver for the metal moving forward. “I use a phrase called geological inflation - it’s getting tougher to find ore bodies and there’s not as much effort being put into it,” he said. “We can see already in silver production, where we’ve truly reached a peak. Gold ... (read more)

 
 
Mines & Money - Toronto

Mines & Money - Toronto
For the third time in its history, Mines & Money is coming back to North America; this time in Toronto, Canada. The international event brings together mining executives, market analysts and a network of investors bringing some of the best information to the mining community. From October 2-4, join the Kitco News team as we interview the likes of Sprott’s Rick Rule and mining mogul Ian Telfer, among others.

 

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