From Nasdaq:

1. UBS predicts a bull market for gold, with gold likely to reach $2,200 per ounce by the end of 2024 due to lower interest rates leading to a weaker dollar. JPMorgan also shares this bullish trend for gold and silver.

2. The global market for mining equipment is expected to grow to $266.52 billion by 2030, with increased demand for streamlined extraction methods and advanced technologies like AI, data analytics, and automation.

3. South Africa’s President Ramaphosa highlighted the importance of the mining sector, producing 7.5% of the country’s GDP and 60% of exports, but energy shortages and challenges from illicit mining are hindering the industry’s productivity and investment attractiveness.



Read more: UBS Bullish On Gold, Silver In 2024; Global Mining Supply Market Hits New Highs; South Africa’s President Calls For End To Abuses In Mining, Metals Sectors