THE TIP OF THE INFORMATION SPEAR, IN THE ENTERNAL FIGHT FOR FREEDOM AND LIBERTY
Wednesday, April 1, 2020
Mine Closures, What Will this Mean to Metal Prices Moving Forward?
While ounces produced may be down in 2020, the margins for gold miners may be better. A number of precious metal producers are reducing production due to government restrictions in response to concerns around the pandemic.
"The seniors may produce less ounces, but I think the potential for them to generate more margin on each ounce is pretty good," said Mazumdar.