Mining Stock Quotes and Mineral & Metal Prices
November 2015 by Staff
…2017 was just the first year with a small increase after a huge drop off in exploration activity. It may take many years of future increases to get back to where the activity was in 2012, as projected increases in exploration spending are seen to be slow and steady.
Perhaps the first and most important is the fact that the foreign exchange value of the US Dollar has been going down steadily for several months. As the value of the Dollar goes down, the price of goods in Dollar terms tend to go up…
Somehow, we received the impression from these two gatherings and from other conversations that bureaucrats in general are simply not aware of how difficult it is to raise capital to finance mining operations and how important it is for newer companies to show true progress in order to receive further financing.
There seem to be two possibilities for the future of this disease and either way there will be an effect on the price of gold.
The Bawl Mill • Ask The Experts • Ask The Experts • Our Readers Say • Gold in Tertiary Gravels • Detecting Clay Seams • Associated Gold Placers of the Comstock • All About Minerals • MMAC & PLP Update • Feinstein Pushes for Million-Acre Land Grab • Prospecting for Liberated Gold • The Snapshot • Melman on Gold & Silver