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Following time you listen to a pitch concerning declining mineral discoveries, bear in mind it is a story miners have been informing for years, claimed Douglas Silver, CEO of Balfour Holdings.
On Friday Silver signed up with editor Neils Christensen, Kitco reporter Paul Harris and also mining target markets supervisor Michael McCrae to videotape a podcast.
Silver has actually had a profession being on the ideal side of industry fads. He was creator of International Royalty Corporation, which was gotten by Royal Gold in 2010. Complete bargain size was C$ 750 million.
Douglas Silver told Kitco Roundtable he considered pitch decks returning to the '80s, which all show a decrease in mineral explorations. What adjustments gradually is that firms don't divulge a resource up until it is product, and also altering product costs also changes what makes up a discovery.
2:30 Inflation and also gold
11:00 Gold ETF moves
24:32 Interpreting prefeasibility research studies
38:00 Lack of mineral discoveries
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Worried about mining's lack of mineral discoveries? Don't be
Next time you hear a pitch about declining mineral discoveries, keep in mind it is a story miners have been telling for decades, said Douglas Silver, CEO of Balfour Holdings.
On Friday Silver joined editor Neils Christensen, Kitco correspondent Paul Harris and mining audiences manager Michael McCrae to record a podcast.
Silver has had a career being on the right side of industry trends. He was founder of International Royalty Corporation, which was acquired by Royal Gold in 2010. Total deal size was C$750 million.
Douglas Silver told Kitco Roundtable he looked at pitch decks going back to the '80s, which all show a decline in mineral discoveries. What changes over time is that companies don't disclose a resource until it is material, and changing commodity prices also changes what constitutes a discovery.
2:30 Inflation and gold
11:00 Gold ETF flows
24:32 Interpreting prefeasibility studies
38:00 Lack of mineral discoveries
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
