Mine Closures, What Will This Mean to Metal Prices?




from Kitco NEWS

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.
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