What mining managers worry about

Risks and opportunities are closely related in mining. Executives from the mining industry were interviewed.

250 global managers were asked how they see the coming year. Mining executives cite the operating license, productivity and rising costs for 2021 as the three biggest risks. Environmental and geopolitical risks are increasing. In terms of safety and corporate responsibility, the pandemic has raised shareholders’ expectations.

As in the previous year, the operating license was named as the main risk. Productivity and rising costs have moved up from tenth to third place as risks. Volatility as a risk came eighth on the list of mining risks. More than half of those surveyed expect tax increases as a result of the pandemic. At the same time, Covid-19 has ensured more creative health, safety and engagement solutions for local communities have been created.

Mining is a global industry. Companies with experienced management and high-quality projects should master the challenges ahead. Companies that specialize in gold projects should also benefit from the expected high gold price. It is always a pleasant event when a new gold mine goes into production.

In the Yukon is the Eagle gold mine of Victoria gold – – the newest and greatest. A good 35,000 ounces of gold were produced in conventional open-cast mining in the third quarter of 2020. A great success, after all, in times of pandemics it is an additional challenge to successfully start up a mine.

Made in Nevada Fiore gold – – on his Pan property. Operations were successfully resumed there in 2017. The nearby Gold Rock project also benefits financially.

Current company information and press releases from Viktoria Gold (- -) and Fiore Gold (- -).

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