Gold futures have crossed the $4,000 an ounce mark and spot pricing has gone as high as $3,990 an ounce as of the time of recording. And well, that’s having implications for the economics of some of these projects.
Case in point is P2 Gold (TSXV: PGLD), who has updated a preliminary economic assessment that was originally conducted in 2024 at $1,950 gold. Which incredibly is less than half of current spot prices, despite how recent that original study is. Some further updates to planned development meanwhile have also had a slightly positive impact on the economics.
Lets dive in.
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