Look beyond the gold price part 2: Gold-copper projects outperform pure gold plays
Finfeed Archived Aug 06, 2020
In Australia we have some of the best gold-copper mines in the world where the production of large quantities of copper drives down the project’s AISC’s, as revenues from the sale of copper (copper credits) are deducted from production costs for the overall project.
Look beyond the gold price when investing in the sector
Finfeed Archived Aug 04, 2020
Even exploration companies that haven’t produced an ounce of the precious metal have run on the back of the rampaging gold price, however when the rubber hits the road, it will be ‘earnings’, not the gold price that will determine what value is attributed to the company, which will in turn be reflected in its share price.
AUD hits 15 month high, ASX Futures up as gold makes new all-time high
Finfeed Archived Jul 28, 2020
The S&P/ASX 200 index (XJO) defied Friday’s negative leads from overseas to post a gain of 20 points on Monday. Australian producers are benefiting from favourable foreign exchange rates, and this support is likely to continue on Tuesday as the gold price soars.