Mining Capital’s Alastair Ford says it’s been a mixed picture this week on the markets – particularly so since news emerged of UK Prime Minister Theresa May’s Brexit deal.
”The gold miners have done really well as investors in the UK have piled in for two reasons – one is that gold is the natural hedge anyway and the second reason of course is that all the gold miners are operating and mining overseas and earning US dollars so that’s a double hedge”.
Ford also looks ahead to what’s shaping up to be a busy few weeks in the London mining space with the 121 Mining conference next week followed by Mines and Money and then the Mining Capital event on the 29th of November.