Why gold miners are set for their most profitable year ever

While 2020 may have seen gold broach peak prices in some currencies, the average cost of the metal in 2021 is a bigger boost for gold miners, according to Ronald-Peter Stoeferle.
Stoeferle spoke to Kitco on Friday. He is managing partner at Incrementum AG.
"The average gold price is at an all-time high," said Stoeferle commenting on 2021. "Of course we are seeing some cost inflation when it comes to labor and materials, but the margin of the producers is still spectacularly high." (show less)

While 2020 may have seen gold broach peak prices in some currencies, the average cost of the metal in 2021 is a bigger boost for gold miners, according to Ronald-Peter Stoeferle.
Stoeferle spoke to Kitco on Friday. He is managing partner at Incrementum AG.
"The average gold price is at an all-time high," said Stoeferle commenting on 2021. "Of course we are seeing some cost inflation when it comes to labor and materials, but the margin of the producers is ... (read more)

Deutsche Goldmesse November 2021

Deutsche Goldmesse November 2021
Deutsche Goldmesse is Germany's premier investment conference, providing quality with informative industry-leading Keynote Speakers and up to 30 carefully considered companies in a range of commodities and stages from explorers to producers.

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