Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
Size still matters. And in the case of Newmont, its Penasquito mine in Mexico matters a lot. This open pit project produced 348,000 ounces of gold and 590,000 ounces of silver through the end of June 2021.
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US gold mining giant Newmont caved in to union demands over profit-sharing bonuses at its Peñasquito operation in Mexico, amid growing industry-wide pressure.
With up and down cycles, higher inflation, and moves by the US Federal Reserve, gold and gold stocks can be a murky undertaking. Here, the case for gold is made for gold as a hedge against many of these disruptions. Recommended Read The Case for Gold and GOLD With up and down cycles, higher inflation, […]