Evolutionary approach to gold mining by Rob McEwen and Global InterGold experts opinion

Evolutionary approach to gold mining by Rob McEwen and Global InterGold experts opinion

15.01.2016

After recent changes in the gold market lowered gold prices and thus mining, the CEO of McEwen Mining Inc, Rob McEwen, believes that now the only way is up.

Global InterGold experts have found a link between gold mining and gold business development.

At the moment, gold mining is in the doldrums. According to McEwen these are the following reasons: closure of deposits, stalled projects of new mines, and scarce mining budgets.

McEwen believes that gold mining industry is seen its lowest ever levels, and so the only way is up. A boost of gold prices would help the industry recover, but there are more ideas to consider.

Three components of success in gold industries: gold, technology, and people

People who believe in the advantages of gold

The expert relies on people with a different mindset whose business plans are closely scrutinized and based on facts. People not focused just on personal success, but on common one. People who believe gold is a stable and reliable asset with promising perspectives.

This portrait of successful people resembles that of each Global InterGold leader. Leaders who develop their own gold business have demonstrated competence, leadership skills, time management skills and eagerness to help others achieve financial welfare.

Highly-useful product

According to McEwen, one of the most negative factors for gold mining is poor funding. Usually, gold projects are financed by both government and private investors, but now after many budget cuts, gold producers suffer losses and investors turn to other assets despite the benefits of this precious mineral. As told by the expert, the opening of mines increases employment in different regions, and the philanthropic contributions of important investors support healthcare, education, and other social spheres.

Technology: the future of industries and business

The expert also mentioned that thanks to technology industry has a promising future. He explained a new approach to gold mining called 'guerrilla mining'. What does it imply? The expert suggested that shortening the discovery process, formalities, payback period, and expenditures would help the industry develop. Technically, this should be achieved by implementing mathematics, visualisation, automation, and new equipment. All these would be the basis for a profitable revolutionary startup.

While the gold mining industry is looking into this option, the Global InterGold Online Gold Shop has combined these three components of success: Gold, Tecnology and People. The Online Gold Shop has developed a groundbreaking marketing incentives program called GoldSet which allows its clients to develop their business and achieve financial welfare and success with gold.

Gold is the foundation of your future well-being!

Read more articles on gold and business: Michael Fuljenz and his 7 'Fearless Forecasts for gold in 2016

Gold, Technology, People!