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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


Stephan Dorfmeister, Finance Department, Deep Nature Project GmbH

Stephan Dorfmeister
Finance Department | Deep Nature Project GmbH
Untere Hauptstraße 168, 7122 Gols (AT)

office@deep-nature.at

+43 681 10139055

Like Aurora Cannabis and Canopy Growth, Deep Nature Project GmbH focuses on value chain


05. August 2020 | 07:06 CET

Barrick Gold, Osino Resources, Triumph Gold - who will double next?

  • Gold

August 4th, 2020 will probably go down in history books, the day when the gold price first climbed above the USD 2,000.00 mark. But perhaps it will also lose significance, because the USD 2,500.00 and USD 3,000.00 mark may soon fall. Why? Quite simply because, as the money supply increases, more and more people are fleeing into the oldest currency in the world: gold. The advantage of physical gold over certificates and other printable products is its uniqueness. While central banks around the world print money to maintain social peace during the Corona restrictions, the price marks for physical gold will fall like dominoes.

time to read: 2 minutes by Mario Hose


Nick Mather, CEO, SolGold PLC
"[...] We knew the world was rapidly electrifying and urbanising and needing significant amounts of copper to do so. [...]" Nick Mather, CEO, SolGold PLC

Full interview

 

Gold production will shrink

Companies such as Barrick Gold, Iamgold and Newmont are responsible for the gold supply. Without these large producers, it would be impossible to satisfy the appetite of the market. However, experts also expect gold production to peak in 2020. According to forecasts, this year around 118 million ounces of gold will be brought to the market by the largest producers. Starting next year, a decline in the annual quantity is expected. In 2029 only 65 million ounces of gold are expected to reach the market. There is still some time to go before then, but a decline of around 45% in annual production volume by the end of the decade has the potential to cause some panic.

Gold supply is getting harder

B2Gold, Barrick Gold and Newmont, as well as the other big names, have already recorded a reduction in reserves of around 34% overall since 2012. In addition, the time window from discovery to production is lengthening on average from year to year. Whereas in 2000 it took around ten years to extract the first gold, by 2010 it will have taken 20 years and by 2020 it is expected to take 30 years. The reasons for this include environmental protection requirements and approval procedures.

Takeovers and mergers will increase

The producers are aware of this development and are also engaged in the exploration and development of their own projects. As the price of gold rises, the margins of these companies will increase significantly and fill the war chest for takeovers and mergers. The focus will soon be on companies in the exploration and development stage that have already discovered or are about to discover more than one million ounces of gold. Ideally, takeover targets in already established regions.

Focus is on exploration

There are some companies that could be considered as a possible target. Osino Resources is focused on the development of its own gold projects in Namibia. CEO Heye Daun has successfully built up a company in the past and sold it to B2Gold. Osino is now also active in the familiar neighbourhood and will probably be taken over by a large producer in the foreseeable future.

Triumph Gold has projects in the Yukon and Newmont is already the largest shareholder. It is expected that these companies will be able to expand the gold deposits with further drilling, thus increasing the probability and value of a takeover. Exploration, i.e. the work of these companies, for example, is where the future supply for the major producers comes from.


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.


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24. September 2020 | 09:15 CET

Barrick Gold, Blackrock Gold, Osino Resources: buy when weak?

  • Gold

The price of gold and silver has come under pressure in the past few days and so too has the price of the shares of the companies involved in the creation of value for precious metals. The fear of another lockdown in connection with the Corona pandemic seems to be worrying the markets. Against this backdrop the central banks and governments continue to support the economy with measures. The correction in precious metals may now be an opportunity to enter, because when the presses are running at full speed, the oldest currency in the world is usually a safe haven.

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18. September 2020 | 09:00 CET

BHP Group, Newcrest Mining, SolGold: Getting bogged down or putting all your eggs in one basket

  • Gold

When it comes to investing in commodity companies, the BHP Group is a household name. The British company is active worldwide, mining coal, iron ore, copper and other commodities and has long been considered a solid dividend earner. But recently the company has disappointed: Special effects put pressure on profits, unrest in Chile made life difficult for BHP and the Corona pandemic also left its mark: the bottom line at the end of the financial year at the end of June was a profit of no less than EUR 6.75 billion. While the mood among investors was not particularly good, BHP cut its dividend by around ten percent, thus spoiling shareholders’ sentiment even further. On a year-on-year basis, the share price fell by around 1.4%. In view of the good performance of copper following the outbreak of the pandemic, this is too little for many investors.

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15. September 2020 | 11:00 CET

B2Gold, Barrick Gold, Desert Gold: Did Warren Buffett bet on the right horse?

  • Gold

The price of gold has stabilized above the USD 1,900.00 per troy ounce mark in recent weeks. Against the background that the Corona Pandemic is not slowing down and that a second wave is becoming measurable in many places, the actions taken by governments and central banks are continuing cheerfully, thus ensuring further demand for the world's oldest currency. Those who want to protect their assets are probably best off buying shares in a gold company like Warren Buffett, and for those who can't decide, there is also a solution.

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