Australia gold mine pit

Top 10 Gold Producing Countries

Gold is one of the rarest elements in the world, making up roughly 0.003 parts per million of the earth’s crust. But how much gold is the world digging up each year and what countries produce the most? In 2017, global gold mine production was a reported 3,247 tonnes. This figure is down 5 tonnes … Continued

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Record Profits for Royalty Company Franco-Nevada

Record Profits for Royalty Company Franco-Nevada

Since the price of gold fell from its highs in 2011, producers have needed more capital to cover increasing costs. This is where precious metal royalty and streaming companies have come into play. These companies help finance explorers and producers’ operations by buying royalties or rights to a stream. Because gold miners have had to … Continued

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REVISED Final 2017 Annual Distribution for US Global GO GOLD and Precious Metal Miners ETF (ticker: GOGO cusip 90291E108)

Toronto, March 26, 2018 – Galileo Global Equity Advisors Inc. is announcing an additional distribution of $0.20112 per unit representing net income for 2017 which will be reinvested and immediately consolidated. Reinvested distributions, net of any required withholding tax, will be reinvested automatically in additional units at a price equal to the NAV per unit … Continued

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The Many Uses of Gold

As our loyal readers know, at U.S. Global Investors we carefully monitor the price of gold. We pay close attention to the macro drivers moving the yellow metal, like government policy and cultural affinity spurring demand globally. We also monitor the micro drivers, like company management and quant factors that make one gold stock superior … Continued

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