Sentences with phrase «significant rise in the gold price»

On a microeconomic level, the positive story will be that the lack of discovery of new gold reserves by the struggling gold mining industry which, absent a significant rise in the gold price, will lead to a supply crunch.

Mining exec also predicts significant rise in gold price By Ellsworth Dickson Rob McEwen is not your typical mining executive.

Not exact matches

Therefore, absent any significant and sustained rise in the gold price, we expect few new mines to be built for many, many years to replace depleting and aging mine reserves.

The market's largest producers, including Newcrest Mining, Evolution Mining and Northern Star Resources, have also benefited from recognition that the recent rise in the US - dollar gold price, a weak local currency and lower costs across the sector have created significant positive tailwinds for Australian gold miners.