MENU × BUSINESS
Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
TECHNOLOGY
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
PLATFORM
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
LEADERSHIP
CEO ReviewCompany Review
MAGAZINE
ASIA INDIA
STARTUPS CLIENT SPEAK CONTACT US

The Silicon Review Asia

The Noosa Mining Conference: Metals Will Certainly See a Comeback

The Noosa Mining Conference: Metals Will Certainly See a Comeback

In the past gold prices has stalled mining activity and lowered appetites. These precious metals have had a tough time surviving but not now. According to Kitco News; the pre-eminent get-together of mining professionals in Australia was interviewed and they all shared something that was worth knowing. The interviewer was surprised with the positive, strong and sentimental views from the packed conference. Although the gold trading range-bound was a struggle because the market couldn’t break past the $1,300 mark resistance level, the professionals had an optimistic approach.

“In case you had any doubt, trade wars are no joke and will have real implications on the global economy”, says Brian Sheahan( Executive Chairman of Morgans, an Australian brokerage firm).

One of the members attending explained that in Northern America, various investors have been lukewarm towards all these precious metals. The fear of trade war is coming closer; people are expecting it to happen in reality. It is important to realize that geopolitical tensions are currently flaring in the Middle East. Not to mention the friction with Iran, one thing is certainly clear the Australian miners are ready to go on a global level and are planning to drive up the gold prices. 

“I think the observation so far is that there’s a lot of talks, a lot of posturing, probably a lot less action, so it’s been good. Obviously, as any sensible person would say, a trade war would not be good for the global economy,” Sheahan said 

YOU MAY ALSO LIKE

Tariff plans will cost higher from the next financial year as telecom companies are gearing up to increase rates

The ongoing Covid pandemic had significantly increased the number of mobile and internet users worldwide. The high amount of usage is expected to drop...

Business Travelers to Stay at Singapore’s Changi Airport Bubble

Singapore’s open economy depends heavily on tourism and business. But its vibrant but small economy has been hurting as the circumstances due to...

Countries in Asia-Pacific are marching towards ‘green recovery’ amidst Covid-19 crisis

2020 has been an unforgettable year for many of us. The ongoing Covid crisis has reminded people that it is very important to have an uninterrupted an...

Department of Telecommunication to announce the new schedule for 5G trials

Department of Telecommunications (DoT) is all set to announce the new schedule for 5G trials. The Dot made this decision after being pulled by the par...

RECOMMENDED