Though the first half of the year has been dominated by talk of vaccines, the post-COVID-19 recovery and a buoyancy in industrial metals markets not seen for a decade, precious metals promoters have not broken stride.
With gold prices ticking back up above US$1,900/oz, they remain upbeat about the effects of further doses of stimulus, inflation and negative real rates.
Higher gold prices since the summer of 2020 have already sparked a wave of corporate activity, and with prospects good for the gold sector over the short-to- mid-term, we thought it wise to take a closer look at future gold supply.
Caledonia Mining Corporation plc (LON:CMCL) is a profitable cash generative gold producer with a strong growth profile, Caledonia’s primary asset is the Blanket Mine in Zimbabwe.