Global Business Reports


Alfonso Tejerina, Ben Cherrington, Lucrezia Falcidia, Margarita Todorova

Gold Report 2020/2021

July 23, 2020

Gold’s fire was burning brightly before the novel coronavirus outbreak, appreciating 18.4% in US dollar terms in 2019, but the COVID-19 pandemic has doused this fire with fuel, as the world begins to grasp the true extent of the economic fallout that lies in its path. The so called ‘summer doldrums', where precious metals usually drift listlessly, were shattered in late July as gold soared to an all time high of US$1,933/oz. The question now is, how high can it go?

Global Business Reports’ first gold-focused digital report will cover the themes impacting supply and demand dynamics for the precious metal currently on the rise. Through interviews with the World Gold Council, investors, producers, developers and explorers, we look at how increasing investor appetite is making up for lackluster consumer demand, the impact of geopolitical tension on gold, and its position as a strategic asset, as well as finding out first-hand how those involved in its supply value chain are taking advantage of this nascent bull market.


Tintic Consolidated Metals explains to GBR how it is exploring the its’ vast gold/copper project in the Tintic district in Utah.
Minera Alamos outlines progress at its Santana gold project in Mexico.
Thor Explorations is reviving Nigeria’s gold mining industry with the construction of its Segilola gold project.
Altamira is making the transition from an exploration to a production company at the perfect time for the price of gold, and an opportune time in Brazil – a pro-mining country that has streamlined its permitting processes.


Chile Mining 2024 Pre-Release

The Chilean mining renaissance has begun. In 2024, the country is set to experience its first increase in copper production since 2018, driven by Codelco’s production surge and Teck Resources’ Quebrada Blanca II coming online. This year also saw the first major regulatory update since 1983 with amendments to Law No. 21,420, which modernized the mining framework. The government has shown strong support for the industry by committing to reduce permit processing times by a third and proposing 20 actionable measures to streamline processes. Additionally, Chile classified its 69 saline environments, leaving 31 open for private development and initiating a request for information process in April to rapidly advance these areas.



"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."