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Mining Capital's Alastair Ford explains why mining in 2020 has survived and in some cases, thrived

Mining Capital's Alastair Ford talks to Proactive London about how the mining industry has managed to continue extracting and digging, with business very much as usual despite a backdrop of uncertainty.

Ford says much of this is due to the global governments' response to the crisis, of embarking upon a plethora of quantitative easing programmes in order to keep their economies going.

As Ford goes on to explain, this made the commodities that miners produce more valuable and quite often the extra money printed gets spent on large infrastructure projects - all great for the mining industry.

His highlight for 2020 is Greatland Gold PLC (LON:GGP) after a hugely successful year under Gervaise Heddle, who will be replaced by Shaun Day in 2021.

Quick facts: Greatland Gold PLC

Price: 33.5 GBX

Market: AIM
Market Cap: £1.3 billion

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Mining Capital's Alastair Ford looks at the opportunities around gold equities given the current backdrop of global market uncertainty. ''You've got a record high gold price and low oil prices and a lot of the gold mining companies incur huge energy costs and with the oil price at low levels,...

on 27/3/20

2 min read