Average annual gold equivalent production of 146,000 ounces over first 10 years at an average AISC of $790/gold equivalent ounce Total initial capex of $399 million Pre-tax Net Present Value of $447 million; IRR of 21.3% at $1,550/oz gold and $3.30/lb copper TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or […]
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Rhodium, the world’s most precious metal, reached $20,190 an ounce on Wednesday, up from $16,990 on Dec. 31 and as low as $615 in 2016. Rhodium’s rally to record highs shows no sign of stopping, with prices up 19% this month as automakers that need the metal to meet tightening emissions regulations run into limited […]
2020 was a good year for Gold and other precious metals as the economy weakened amid the coronavirus pandemic. Gold reached its all-time high of $2073 in August 2020. Gold, at the time of writing this article on December 23, 2020, was trading at around $1864 about 68.6% higher than its eight years low of $1046.25 in December 2015. Silver was lagging the gold most of the time since late 2017 and got ridiculously cheaper than gold when the world’s economy was frozen in march 2020. However, silver has outperformed gold and palladium in 2020 as the economy started to recover.
What a year it has been! Unprecedented, emotional, undefinable. As we head into 2021, SST wishes you all the best for your goals, plans, and resolutions! May this year reward all your future endeavors with success, and we will continue to be providing you with the very best investing tips.
Article Content Be The First to Receive New Stock Picks for 2021! Why Should You Invest in Silver and Silver Mining Companies? Silver Outperforms Gold In Bull Markets Growth in Industrial Usage Increase in Global Demand Physical Metals Supply Deficit Higher Leverage: Gold to Silver Ratio Silver Mining Companies Performance in 2020 Top Junior Silver Mining CompaniesSilvercorp Metals Inc (TSE: SVM)Impact Silver Corp […]