Experts See Gold Rising From $1,601/oz By End Of 2021 To Possibly $1,972/oz By End Of 2022 - Seite 3

Other recent developments in the mining markets include:

Newmont Corporation (NYSE: NEM) (TSX: NGT) recently announced that its Board of Directors declared a quarterly dividend of $0.55 per share of common stock, payable on June 17, 2021 to holders of record at the close of business on June 3, 2021.

The declaration and payment of future quarterly dividends remains at the discretion of the Board of Directors and will depend on the Company's financial results, cash flow and cash requirements, future prospects, and other factors deemed relevant by the Board.  Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. The Company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

Teck Resources Limited (NYSE: TECK) (TSX: TECK.A) recently announced its unaudited first quarter results for 2021.  "Strong first quarter operational performance, in line with plan, and higher commodity prices contributed to a very solid start to 2021," said Don Lindsay, President and CEO. "We achieved major milestones for our priority projects, including surpassing the half-way point at our flagship QB2 copper growth project and moving into the commissioning phase of our Neptune steelmaking coal terminal upgrade. We remain absolutely focused on implementing the necessary protocols to mitigate transmission of COVID-19 and protect the health and safety of our people and local communities."

Highlights were: Adjusted profit attributable to shareholders of $326 million or $0.61 per share in Q1 2021, an increase of 247% compared to the same period last year; Adjusted EBITDA of $967 million in Q1 2021, an increase of 59% compared to the same period last year; Overall QB2 project progress surpassed the half-way point in April; Our Neptune port upgrade is now in the commissioning phase and ramp-up will continue as planned. To date 18 vessels have been loaded using the new outbound system; Our operations continue to be resilient despite ongoing challenges associated with COVID-19, with production in line with plan across our business units and sales meeting our Q1 2021 guidance; Our copper business unit had a strong Q1 2021 with an increase in gross profit before depreciation and amortization of 76% compared to the same period last year, supported by an average realized copper price of US$3.92 per pound and copper production of 71,700 tonnes, in line with plan; Sales of steelmaking coal were 6.2 million tonnes in Q1 2021, with approximately 2 million tonnes sold to Chinese customers based on CFR China prices, which were significantly higher than FOB Australia prices; Teck Coal Limited has resolved Fisheries Act charges in connection with discharges of selenium and calcite from our steelmaking coal operations in the Elk Valley of British Columbia in 2012; The Elkview Saturated Rock Fill (SRF) was successfully commissioned in Q1 2021, on schedule and below budget. The SRF is now treating and reducing selenium and nitrate and improving water quality in the receiving environment; and Liquidity of $6.3 billion as at April 27, 2021.