BMO’s Kaip: Gold miners approaching ‘inflection point’

VANCOUVER — It’s been a rough run for gold equities over the past few years, but recent performances by major and intermediate producers seem to hint at an industry that’s getting its balance sheets and cost structures in...

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VANCOUVER — It’s been a rough run for gold equities over the past few years, but recent performances by major and intermediate producers seem to hint at an industry that’s getting its balance sheets and cost structures in order.

The Northern Miner had the chance to speak with BMO Capital Markets’ managing director of Mining Equity Research Andrew Kaip to catch up on current trends in the gold space and what investors can expect moving forward.

“Prior to the current downturn there had just been so much emphasis on growth, which is typically the case when you’re in a rising market. People are looking at how quickly a company can increase production rates and subsequently benefit from increases in gold price,” Kaip explained during a phone interview.

“The reality was …

Read the complete article at NorthernMiner.com/news/bmo-capital-markets

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