Gold demand
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Mining
Sprott Asset CEO on Rising Mining Costs, Gold Demand, and Election Impact | John Ciampaglia
Gold prices surged near $2,800 an ounce, supported by central bank buying and geopolitical tension, while inflation pressures have sent mining costs soaring. John Ciampaglia, CEO of Sprott Asset Management, told Kitco Mining’s Jeremy Szafron that all-in-sustaining costs (AISC) for miners have jumped 50% since 2020, with energy and labor inflation driving up expenses. Ciampaglia discussed the U.S. election’s potential…
Read More » Gold to ‘Go Much Higher’ & Mining Giants Poised for Growth through M&A – Alain Corbani
Jeremy Szafron, Anchor at Kitco News, interviews Alain Corbani, Head of Mining and Fund Manager at Montbleu Finance, to explore the shifts and future prospects within the gold and mining sectors. Corbani shares his predictions on gold prices potentially reaching $3,000 and explains the crucial factors driving the market, including Federal Reserve policies and increased demand from retail investors. Corbani…
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