Mining Sector Felt Better 5 Years Ago, Reality Hit Hard – Brent Cook | Kitco News 5-Year

[youtube sbqXrjlpBE8]

As Kitco News’ 5-year celebrations draw to a close, Brent Cook, editor of the Exploration Insights and famed geologist, pops in and compares the gold mining industry today to the one we saw five years ago. “We’re probably in the same shape, just no one knew how bad it was five years ago,” Cook says. “New deposits were coming online, that was an advantage and there was a lot more investor interest in the gold sector.” He adds that today’s mining industry is as ugly as he’s seen it. Cook also touches on the difficulty in finding good mining jurisdictions, as well as the need to stop high-grading and essentially sterilizing deposits. Catch the whole interview with Brent Cook now! Kitco News, October 17, 2014.

As well as the most accurate precious metal prices online, Kitco also provides up-to-the-minute news with usable market information. Videos provided by and © Kitco.