Menu

Recent Interviews

Ryan Jackson, CEO, Newlox Gold Ventures Corp.

Ryan Jackson
CEO | Newlox Gold Ventures Corp.
60 Laurie Crescent, V7S 1B7 West Vancouver (CAN)

info@newloxgold.com

+1 778 738 0546

Newlox CEO Ryan Jackson on building a green gold producer with a rapid growth trajectory


Nick Mather, CEO, SolGold PLC

Nick Mather
CEO | SolGold PLC
1 King Street, EC2V 8AU London (GB)

emichael@solgold.com.au

+44 20 3823 2125

SolGold CEO Nick Mather on building a major gold and copper mining company


Jared Scharf, CEO, Desert Gold Ventures Inc.

Jared Scharf
CEO | Desert Gold Ventures Inc.
4770 72nd St,, V4K 3N3 Delta (CAN)

jared.scharf@desertgold.ca

Desert Gold Ventures CEO Jared Scharf on West Africa and its potential


25. March 2020 | 08:04 CET

Barrick Gold, Desert Gold Ventures, Yamana Gold - all eyes on gold

  • Gold
Photo credits: pixabay.com

The decade without recessions in Canada, Germany and the USA was hardly over when a mixture of different problems and shocks hit the people, politics and economy. The price of WTI oil collapsed to a historic low of around USD 20.00 per barrel, the US dollar gained dramatically in strength and the corona virus caused curfews, disruptions in supply chains and a slump in demand. The central banks in North America and Europe are taking measures to increase liquidity and the Trump Administration is determined to help citizens with 'helicopter money'.

time to read: 2 minutes by Mario Hose


Ryan Jackson, CEO, Newlox Gold Ventures Corp.
"[...] We quickly learned that the tailings are high-grade, often as high as 20 grams of gold per tonne; because they are produced by artisanal miners, local miners who use outdated technology for gold production. [...]" Ryan Jackson, CEO, Newlox Gold Ventures Corp.

Full interview

 

Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author


Panic causes a sellout

The volatility on the stock markets has been as high in recent weeks as it was during the financial crisis. The power with which the spread of COVID-19 caused panic on the capital markets was unprecedented. Within a few weeks, the S&P 500 Index fell by 30%. During the financial crisis from 2008 onwards, the index of the largest 500 US companies needed around 250 days for a comparable correction.

In the weeks following the Lehman bankruptcy, most asset classes sold out. The gold price also came under pressure, as did the share prices of producers and explorers. Only after a few weeks was the selling pressure over and the gold price rose from around USD 700.00 per troy ounce in October 2008 to over USD 1,900.00 in August 2011.

Money supply is increasing

Whether the financial institutions will continue to falter with their customers during the Corona Crisis will become clear in the coming days and weeks. The faster the pandemic can be stopped, the less damage will be caused.

However, the measures taken by governments and central banks will lead to an increase in the money supply and inflation is likely to rise accordingly. For this reason, the price of gold is expected to rise in the coming weeks, as the precious metal is considered a safe haven by investors. As a result, the companies in the gold industry should also become the focus of investors' attention.

Value creation of gold

Well-known companies such as Barrick Gold and Yamana Gold are broadly based and often the first choice of investors. Barrick's market capitalization is approximately CAD 44.9 billion and Yamana is currently valued at CAD 4.0 billion. Investors who wish to invest in a gold company at the exploration stage to benefit from new discoveries should take a closer look at Desert Gold Ventures. The Company is active in Mali and holds exploration rights for approximately 400 square kilometres near the border with Senegal.

The market value of Desert Gold is approximately CAD 7.5 million. Given that the Company has already discovered zones of 6.3 g/t Au over 13 metres, 3.03 g/t Au over 10 metres and 2.04 g/t Au over 30 metres, there is a possibility that the discovery of additional resources will increase the value of the Company. Once a critical mass of data on the gold occurrences in the areas is reached, a take-over by a major gold producer is likely.

A region with great potential

The West of Africa has extensive gold deposits. In 2018, Mali was the fourth largest gold supplier in all of Africa with a production volume of 2.14 million ounces. In total over 35 million ounces of gold reserves have already been measured or proven in Mali. Besides Desert Gold, the producers B2Gold, Barrick and Endeavour Mining are also active in Mali.

At the beginning of the week Endeavour announced the acquisition of Semafo. The merger will now create a gold producer that will be among the top 15 worldwide, with a total of six mines in Burkina Faso and the Ivory Coast. This transaction puts the region once again in the spotlight. In 2020, the new Endeavour plans to produce 1 million ounces of gold. Desert Gold is obviously located in an interesting region.


Author

Mario Hose

Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.

About the author



Conflict of interest & risk note

In accordance with §34b WpHG we would like to point out that Apaton Finance GmbH as well as partners, authors or employees of Apaton Finance GmbH may hold long or short positions in the aforementioned companies and that there may therefore be a conflict of interest. Apaton Finance GmbH may have a paid contractual relationship with the company, which is reported on in the context of the Apaton Finance GmbH Internet offer as well as in the social media, on partner sites or in e-mail messages. Further details can be found in our Conflict of Interest & Risk Disclosure.


Related comments:

26. November 2020 | 11:36 CET | by Nico Popp

Osino Resources, Barrick Gold, Newmont: So are the doublers in Africa?

  • Gold

When it comes to growth, professional investors look to Africa as well as Asia. In 2018 Rwanda and Guinea were the world's fastest-growing economies: the economies of both countries grew by 8.6%. Even countries like Benin, Ethiopia, Gambia or Burkina Faso are still among the top 20 in the world. But what is the reason for high growth in Africa anyway? In addition to a young and rapidly growing population, which drives the domestic market, education from a level of training is also an essential factor. Only in this way can emerging economies also participate in more complex value creation. Legal security and stability are also important factors when foreign investors look to Africa. One country that is considered highly developed and legally secure within Africa is Namibia.

Read

19. November 2020 | 09:27 CET | by Nico Popp

AngloGold Ashanti, Blackrock Gold, Newmont: Investing in gold - but how?

  • Gold

Gold investors are in a comfortable situation: The precious metal has lost a little from its highs, but still shows excellent relative strength at the USD 1,900 an ounce mark. Although news of vaccines has taken some pressure off the markets in the short term, the big picture for gold investors remains intact. The crisis of the century requires trillion-dollar measures. This flood of money, in turn, increases the risk of further problems and could drive inflation. Contrary to the opinion of many investors, it is not inflation that drives the gold price, but their expectations. Given the measures already taken and those still in the pipeline by governments and central banks, there is every reason for increased inflationary expectations. But how does an investment in the expected gold boom succeed?

While grandmother still hid bars and coins under the bed, today's investors can resort to gold ETCs. These usually securitize physical gold and can also be held in custody at attractive fees and actively traded. Yield hunters nevertheless prefer to use gold shares. The reason: stocks such as AngloGold Ashanti, Blackrock Gold or Newmont usually offer leverage on the gold price. Depending on how a Company develops, the gold reserves in the ground are also valued.

Read

16. November 2020 | 09:48 CET | by André Will-Laudien

Velocity Minerals, B2Gold, Delivery Hero: We take up the fight!

  • Gold

The news of a vaccine against Corona with a success rate of 90% caused markets to skyrocket since last Monday. While the Dow Jones and the S&P set 500 new records, gold plummeted by as much as USD 118 in one day. Gold's most significant daily drop in more than seven years also wiped out its breakout from a 3-month downward wedge last Friday.

As gold futures closed below USD 1,890 this week on the Comex, the strong sell-off below this support brings with it the possibility that the zone between USD 1,750 and USD 1,800 will be tested again before the correction of the safe-haven metal's large gains finds a significant bottom. The gold futures base of USD 1,800 has technically become a critical support level, an area that dates back to the bull market of 2008.

Read