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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (204246)2/3/2024 3:43:42 PM
From: TobagoJack  Respond to of 217752
 
just a btw, somethings to consider




To: bull_dozer who wrote (204246)2/3/2024 4:11:59 PM
From: TobagoJack  Respond to of 217752
 
somethings else to ponder




To: bull_dozer who wrote (204246)2/4/2024 3:22:29 AM
From: TobagoJack1 Recommendation

Recommended By
Julius Wong

  Respond to of 217752
 
and from 2012 ...

investingnews.com

DRDGold Considers Uranium Add-On

Investing News Network

Aug. 29, 2012 09:41AM PST

Mining Weekly reported DRDGold (NYSE:DRD) is mulling a uranium add-on to its gold recovery plant at Ergo.

As quoted in the market news:

DRDGold CEO Niël Pretorius tells Mining Weekly Online in a video interview (see attached) that the board has also given the company its approval to explore expansion possibilities into other reclamation/recovery domains beyond gold.

He was speaking after DRDGold reported a 53% increase in operating profit in the year to June 30, off a 36% gold-price increase and spurted R207-million free cash flow.



To: bull_dozer who wrote (204246)2/4/2024 12:05:09 PM
From: bull_dozer  Read Replies (1) | Respond to of 217752
 
Rising Rates and Robust Gold Demand?

Real interest rates and gold have always moved in opposite directions. When real interest rates rise, gold falls, and when real rates fall, gold rises.

Over the last three years, this relationship broke down. Real interest rates bottomed at -2.3% in the summer of 2021 and surged to +2.9% by late 2023 – the highest rate in twenty-five years. Given the record surge in real rates, gold should have suffered a punishing bear market. Instead, gold is only 2% below its 2020 peak despite a 400 bps rise in real rates.

blog.gorozen.com