Precious metals such as gold stand for security and gold is a scarce commodity. The largest amount of gold was mined in 2018 (3,652.5 tons of gold). In 2023, global gold production was in second place with 3,644.4 tons of gold. This was only 0.5% more than in the previous year. It is debatable whether 2018 represents peak gold, i.e. the historic high, and whether production will only go downwards. In any case, the technological effort required to develop new gold deposits is increasing and the overall gold content of mined gold deposits is decreasing. Implementing and complying with legal standards in gold mining is often not easy, as there is sometimes a lack of transparency. Buyers of physical gold can avoid illegal gold trading through small-scale gold mining by using reputable sources to buy gold. Another option for investors is to participate in a rising gold price with gold shares. Tudor Gold or U.S. GoldMining would come into consideration.

Tudor Gold – https://www.commodity-tv.com/ondemand/companies/profil/tudor-gold-corp/ – owns the Treaty Creek project in the Golden Triangle in British Columbia, which contains gold and copper. According to the latest metallurgical tests, the project contains a high-grade copper concentrate with more than 29 percent copper, and gold and silver grades of up to 33 and 96 grams per tonne of rock respectively.

U.S. GoldMining – https://www.commodity-tv.com/ondemand/companies/profil/us-goldmining-inc/ – also has gold and copper at its Whistler project in Alaska. The mineral resource estimate is extremely encouraging.

Current company information and press releases from U.S. GoldMining (- https://www.resource-capital.ch/en/companies/us-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.

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