Mineral earnings expected to rise to US$7bn

MINERAL earnings are expected to end the year at US$7 billion before growing to US$7,5 billion in 2026, buoyed by surging gold prices and a recovery in commodity prices for other minerals, it has been revealed. 

As previously reported, Fidelity Gold Refinery (FGR) is anticipating gold deliveries to rise to 45 tonnes by year-end, exceeding initial projections of 40 tonnes as miners look to cash in on soaring gold prices. 

This comes as, since the start of the year, the gold price per ounce has surged by over 50% to US$4 159,52, which is expected to rise even further to US$4 900 next year. 

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