viewProactive Group

Australian gold producers making 'excellent margins and may start to hedge'

Alto Capital's Tony Locantro says he can see a great deal of volatility ahead for the gold price.

He adds that once we're out the other side of this current health crisis the participation rate in gold is going to increase.

''Australia gold producers are making excellent margins and I wouldn't be surprised if some start to hedge'', he says.

''A lot of exploration in Western Australia has been shut down due to roadblocks but if you look at the deals that have been done I think the Paterson region is going to be an exploration hotspot because the model hasn't been broken''.

''Gold has done its job in this crisis .. it's been smashed a few times but it's held on''.

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...


Lithium Australia 'taking Elon Musk's vision to disrupt the supply chain one...

Lithium Australia NL (ASX:LIT) managing director Adrian Griffin gives his response to comments made by Elon Musk at this week's Tesla Battery Day. With Musk's ambition to minimise the steps from mining to battery production, Griffin says they've developed the technology needed to take that one...

1 day, 9 hours ago

2 min read