he 2021 Gold Forum Americas saw leading gold miners opine on the state of the market and talk of what they are doing to attract and maintain investors. Mining Journal spoke with Joe Foster, gold portfolio manager at Van Eck, one of the leading investors in the gold space, to get his thoughts.
Mining Journal: What are some of the things you’ve heard companies say that you’ve liked or have not liked?
Joe Foster: These conferences are chances to get caught up with them. When we follow all of these companies and we keep up with the news there are rarely any surprises. Having said that, the industry has gone through a transformation over the last five years or so. They’ve transformed their business to become more profitable than they have in the past, generating better returns to shareholders and there’s a discipline in the industry towards operating and ESG which is excellent and reassuring to see. With all that transformation there’s been the question of is this temporary? Is there really substance to it? I’m convinced it’s for real, that this transformation is permanent.
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