Commodity-TV

The whole world of commodities in one App!

Watch Management & Expert Interviews, Site-Visit-Videos, News Shows and receive top and up to date Mining Information on your mobile device worldwide!

Download our unique App for free!
Commodity-TV Play Store
Commodity-TV App Store
Commodity-TV

Social Media


What golden numbers!

The gold mines report on their first half of 2020. Now everyone must be clear: The boom is here. Companies profit

Receive up-to-date information about the company directly via push notification

The price of gold, which has risen in recent months, is now also eating its way through the balance sheets of gold companies. The already producing companies earn more splendidly than ever. And the companies with good gold projects, which have yet to be brought to production maturity, can collect the necessary money for this. Because, driven by the panic-stricken central banks, interest rates will remain low for a long time to come. That always gives new impulses to the gold price.

Sensational: The gold companies are therefore currently outdoing each other in publishing their figures for the first six months of 2020, with Sibanye-Stillwater, for example, reporting earnings before interest, taxes, depreciation and amortization (EBITDA) of Rand 16.5 billion. This is a hefty 718 percent more than in the first half of 2019, enabling the gold and platinum metals group to significantly reduce its mountain of debt and even resume dividend payments. The Sibanye share should reward this in the long term. Because this should make it clear to investors that the South Africans not only have a very competent management team around CEO Neal Froneman, but that the gold and platinum projects in southern Africa and the USA are also outstanding.

Project developers and exploration companies have it harder than the producers who benefit directly from the higher gold price. They usually have to ask the shareholders or financiers for money in order to be successful in mining. But they also profit from the gold price - indirectly. Because the gold deposits in the ground are revalued accordingly. The GoldMining group, for example, has advantages here. Because GoldMining already owns several projects from Brazil to Canada and has already - unusually for a smaller growth company - collected the huge amount of more than 25 million ounces of gold resources. Therefore, more and more broker analysts are becoming aware of the GoldMining share. The Canadian broker Haywood recently announced a price target of 4.25 Canadian dollars.

Current company information and press releases from Sibanye-Stillwater (https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/) and GoldMining (https://www.resource-capital.ch/en/companies/goldmining-inc/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required
SRC Mining & Special Situations ZertifikatSRC Mining & Special Situations Zertifikat

Always up to date with the newsletter from SRC

Swiss Resource Capital AG will use the information you provide in this form to keep in touch with you and to provide you with updates and marketing information. To receive our news, you still have to give us permission to send you E-Mails below.

You can change your mind at any time by clicking on the Unsubscribe link, which you can find in the footer of every email you receive from us, or by contacting us at [email protected] We will treat your information with care and respect. For more information about our privacy practices, visit our website. By clicking below, you agree that we may process your information in accordance with these Terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

* indicates required