Gold Miners Report Strong Fundamentals in Q3 2023
Top gold miners around the world have reported strong financial results for Q3 2023, thanks to a combination of lower mining costs and increasing gold prices that resulted in skyrocketing profits through the third quarter of the year. Growth in the global gold industry over the third quarter was so substantial that major miners were able to overcome depletion and maintain relatively stable collective output. Some gold stocks registered the highest-ever growth in earnings amid high gold prices that are likely to attract institutional investment to the relatively struggling gold sector. The mining industry as a whole has struggled to…