Find Gold & Silver Mining Companies In New Zealand
May 08, 2014 Last year, Kibali produced 88,200 ounces of gold, which is currently worth just under $1,300 an ounce, generating a profit of over $68 million. Randgold forecasts it.Prices for junior mining stocks are deeply discounted and offering excellent entry points for long term investors. In fact, they are near the most undervalued, relative to the metals they mine, that they have ever been. Silver is likely to outperform gold as the gold to silver ratio is at 87, well above the 20 year average closer to 60.