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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


30. July 2020 | 08:33 CET

Kinross Gold, Osino Resources, Scottie Resources - why now is the right time

  • Gold

It seems as if it has already been decided that the gold price will soon hit the USD 2,000.00 mark. This price is now only symbolic in character, as the precious metal is already at an all-time high and its value continues to rise. Due to the increase in the money supply by the central banks, more and more people are fleeing into the oldest currency in the world and buying gold. Next, the shares of producers and exploration companies will come into focus. Anyone who wants to be part of this must position themselves.

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

 

Exit in focus

Osino Resources is an exploration company focused on exploring and developing its own projects in Namibia. The company is headed by Heye Daun, who already established a gold company in 2012 and made it ready for takeover. There are parallels between then and now, as the previous company was also looking for gold in Namibia. At that time, Heye and his colleagues were able to prove around 2 million ounces and the company was valued at almost USD 100.00 per ounce in ground at the time of the takeover.

With Osino Resources, management is also aiming for the discovery of at least 2 million ounces. The company is well funded to drill a sufficient number of holes in the coming months to demonstrate the appropriate amount of gold if successful. Given that in 2012 the gold price has already fallen from its then highs and is now at record levels, it is quite possible that this development will have a positive impact on a takeover bid by a producer.

In the Golden Triangle of Canada

Scottie Resources operates in British Columbia and focuses on the exploration of its own projects in the so-called Golden Triangle. On one of the company's properties, 95,426 ounces with an average grade of 16.2 g/t have already been mined from 1981 to 1985. The other properties around the Scottie Gold Mine have similar geological characteristics. For this reason, it is clear that the company's goal is to explore the size of the gold deposits through drilling.

Scottie Resources can take advantage of the Golden Triangle's infrastructure which allows access in all weather conditions. There is also a high voltage power line nearby to provide power. Numerous gold companies operate in the area surrounding the company. It stands to reason that at a later stage of development, takeovers and mergers may also take place. It is possible that a new producer will enter the region. With Eric Sprott as investor the company has already attracted some attention.

Gold price makes profits rise

Kinross Gold is a gold producer that is active around the globe. The company has projects in the USA, Brazil, Chile, Ghana, Mauritania and Russia. According to its own information, Kinross employs about 9,000 people worldwide. Experts predict that by 2020 a global peak in gold production will be reached and a significant decline of over 40% by 2029 is expected.

In the past fiscal year 2019 the company produced about 2.5 million ounces of gold. The all-in costs were USD 983.00. With a share of 56%, the majority of the gold produced came from North and South America, 23% from West Africa and 21% from Russia. In the second quarter of 2020, the company sold 584,477 ounces of gold. All-in costs were stable at USD 984.00. Net income more than doubled to USD 195.7 million from the same period last year and was USD 0.16 per share.


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 shares in the aforementioned companies and that there may therefore be a conflict of interest. Further details can be found in our Conflict of Interest & Risk Disclosure.


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03. August 2020 | 07:53 CET

Ballard Power, NEL ASA, Desert Gold - why we will see panic

  • Gold

In the past two years, the shares of listed hydrogen companies have risen significantly due to a lack of alternatives. A new eco-system with hydrogen as an energy carrier is being created worldwide and, as part of the development process, suppliers from all parts of the world are positioning themselves - around the globe. Some of these companies already have a long history and can now enjoy state-subsidized success. Political measures and the increase in the money supply, by the central banks, are creating a boom in demand in another sector, which only a few investors have focused on so far - the discovery of gold reserves. The flight from money is driving the demand for physical gold to historic highs and an end is not in sight due to the threat of a second wave of corona contagion. The major producers have already seen their gold reserves shrink by 34% since 2012 and it is feared that the annual production volume will fall from 118 million ounces in 2020 to below 65 million ounces in 2029. A takeover wave in the exploration sector is a logical consequence.

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28. July 2020 | 07:55 CET

Desert Gold, NetCents, SolGold, Triumph Gold - the big push is yet to come

  • Gold

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22. July 2020 | 11:03 CET

Barrick Gold, Desert Gold Ventures, Triumph Gold - the gold boom has begun

  • Gold

The price of gold has been rising for more than a year and there is no end in sight. As long as the central banks print money to cure the problems of the Corona Pandemic, the flight from money will continue and investors will exchange paper for gold or other tangible assets. If you have no plans today, then you should think about investing in gold. If you already have a busy schedule, then you should take the time. Don't put yourself in the position of being annoyed at not having traded after these lines when the price reaches USD 2,000.00 and above.

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