Mining Sector Felt Better 5 Years Ago, Reality Hit Hard - Brent Cook
As Kitco News’ 5-year celebrations draw to a close, Brent Cook, editor of the Exploration Insights and famed geologist, pops in and compares the gold mining industry today to the one we saw five years ago. “We’re probably in the same shape, just no one knew how bad it was five years ago,” Cook says. “New deposits were coming online, that was an advantage and there was a lot more investor interest in the gold sector.” He adds that today’s mining industry is as ugly as he’s seen it. Cook also touches on the difficulty in finding good mining jurisdictions, as well as the need to stop high-grading and essentially sterilizing deposits. Catch the whole interview with Brent Cook now! Kitco News, October 17, 2014. (show less)
As Kitco News’ 5-year celebrations draw to a close, Brent Cook, editor of the Exploration Insights and famed geologist, pops in and compares the gold mining industry today to the one we saw five years ago. “We’re probably in the same shape, just no one knew how bad it was five years ago,” Cook says. “New deposits were coming online, that was an advantage and there was a lot more investor interest in the gold sector.” He adds that today’s mining industry is as ugly ... (read more)
Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
