Gold hit US$3,537/oz this morning — up 39.5% in the past year.
Silver reached US$40.91/oz — up 52.5% year-on-year.
What this means for the mining industry — and EnviroGold Global (CSE: NVRO | OTCQB: ESGLF | FSE: YGK):
Stronger Project Economics – Higher gold and silver prices make the NVRO Process™ more valuable than ever for mining clients.
More Capital Available – Surging cash flows + strong share prices = miners ready to reinvest.
Lower Cost of Funding – High equity valuations and low interest rates are fuelling expansion.
Leading gold miners are delivering exceptional returns:
Newmont Corp: +42.1%
Agnico Eagle Mines: +81.3%
Wheaton Precious Metals: +64.3%
Barrick Mining: +33.4%
Gold Fields: +150.3%
EnviroGold is uniquely positioned:
We unlock metals from tailings storage facilities (TSFs) and legacy mines while delivering environmental remediation and sustainable value creation.
“Today’s pricing environment accelerates the urgency and attractiveness of deploying the NVRO Process™,” said David Cam, Co-CEO & Founder. “We deliver strong financial outcomes for miners while restoring the environment.”
Follow David Cam on Linked in: https://www.linkedin.com/in/goldrush2020/
Interested in investing? contact us at [email protected]
Disclaimer:
This post contains “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding anticipated market conditions, regulatory developments, company strategy, growth opportunities, valuation comparisons, and potential financial performance. Forward-looking information is based on management’s current expectations, estimates, and assumptions and is subject to known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. These risks include, among others, volatility in commodity prices, permitting and regulatory risks, operational risks, availability of financing, and general market conditions. Readers are cautioned not to place undue reliance on forward-looking information. EnviroGold undertakes no obligation to update or revise any forward-looking information, except as required by applicable law.
This post is provided for informational purposes only and does not constitute investment, financial, legal, or other advice. Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy or sell any securities of EnviroGold. References to market data, peer group comparisons, and third-party analyses are believed to be reliable but have not been independently verified by EnviroGold.
No securities regulatory authority has expressed an opinion about the adequacy or accuracy of the contents of this post.