Doomsday hedge fund sees gold topping $3,000
Diego Parrilla, heads of Quadriga Igneo, says gold could rise to $3,000-$5,000 in the next three to five years due to unprecedented monetary stimulus.
Latest Stories
Cardinal Resources takeover battle heats up
Its major shareholder, Russia’s Nordgold, has improved its takeover bid.
Kunming partners with Rio Tinto for Argyle diamonds
The Hong Kong firm will be entrusted with the care and custody of the gems.
BHP, Curtin University join forces to innovate, produce job-ready graduates
The miner and the university want to do cutting-edge research to achieve sustainable change across industries and sectors.
Cornerstone Capital looks to replace SolGold board
Move by the Canadian junior, which has an 8% interest in SolGold, comes after it rejected the Ecuador-focused gold miner's second takeover approach.
Victoria to produce 85,000 to 100,000 oz. of gold in H2 2020
Proven and probable reserves across Eagle and Olive total 155 million tonnes grading 0.65 g/t gold for a total of 3.3 million oz.
“Nature-first” mining could create $3.5 trillion market by 2030 — report
The World Economic Forum estimates that 395 million new jobs could be created by 2030 if businesses prioritize nature.
BHP faces first step in $6.3 billion UK claim over Brazil dam failure
Claimants allege BHP ignored safety warnings as the Fundao dam's capacity was repeatedly increased by raising its height.
Alamos expands Island Gold with high-grade hits ahead of study release
Drilling returned 10.3 metres of 52.1 g/t gold and 4.3 metres of 21.01 g/t gold up to 150 metres east of existing mineral reserves.
