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The rally in the gold market with prices now pushing to their highest degree because 2011, has produced a heathy atmosphere for the mining field even as the world economic situation continues to grapple with the spreading COVID-19 pandemic according to one market analysts.
In an interview with Kitco Information on the sidelines of the Mines and also Cash Online Link digital mining meeting, Joe Mazumdar, editor of Exploration Insights claimed that as a result of the higher gold price capitalist rate of interest is growing throughout the market with funding now flowing from major manufacturers to mid-tier producers to junior explorers.
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Gold mining sector looks healthy post pandemic – Exploration Insights
The rally in the gold market with prices now pushing to their highest level since 2011, has created a heathy environment for the mining sector even as the world economy continues to grapple with the spreading COVID-19 pandemic according to one market analysts.
In an interview with Kitco News on the sidelines of the Mines and Money Online Connect virtual mining conference, Joe Mazumdar, editor of Exploration Insights said that because of the higher gold price investor interest is growing across the sector with capital now flowing from major producers to mid-tier producers to junior explorers.
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