Summary: Swiss Mining Institute’s “Mining Investment Conference”
Posted on
26. March 2024
We participated in Swiss Mining Institute’s “Mining Investment Conference” held during March in Zurich, Switzerland. We’re delighted to share with you the key insights gathered from the conference.
The Conference Summary offers an in-depth analysis of the prevailing factors influencing the global metals and mining markets. Furthermore, we took advantage of the opportunity to engage with several companies and have spotlighted significant developments.
Highlights
- At the conference, there was an evident sense of optimism as gold finally broke out of the range it had been confined since the early part of the decade, soaring to a record $2’200/oz this month
- Strategic moves by foreign central banks, particularly China, to diversify reserves into gold highlight a broader trend
- Gold equities have decoupled from historically high gold prices and are trading at a record discount
- Industrial metals, notably copper, anticipate significant price surges driven by demand dynamics and limited new discoveries, underscoring the critical role of mining in meeting evolving global infrastructure needs
- Participants expect the mining industry to consolidate
Find out more in the PDF