Sentences with phrase «sustained rise in the gold price»

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.

In the absence of a sustained rise in the gold price, the most likely outlook over the next two to three years in our opinion is for the industry to continue in a survival mode of balance - sheet repair and running in place to remain positioned for a future rise in the gold price.

Not exact matches

In our opinion, it will require a sustained rise of several years in the gold price to attract capital for new mining projects, assuming that such projects even exist in light of the severe reduction in industry exploration expenditures and discovery rateIn our opinion, it will require a sustained rise of several years in the gold price to attract capital for new mining projects, assuming that such projects even exist in light of the severe reduction in industry exploration expenditures and discovery ratein the gold price to attract capital for new mining projects, assuming that such projects even exist in light of the severe reduction in industry exploration expenditures and discovery ratein light of the severe reduction in industry exploration expenditures and discovery ratein industry exploration expenditures and discovery rates.