- When was B2Gold created?
- Who is the management of B2Gold?
- How do I get a B2Gold brochure?
- How can I contact B2Gold investor relations?
- What is Gold used for?
- What factors drive the price of Gold?
- What is Silver used for?
- What factors drive the price of Silver?
When was B2Gold created?
B2Gold Corp. is a Vancouver based exploration and development company incorporated in 2007, by the former management team of Bema Gold Corporation. Bema was acquired by Kinross Gold Corporation through a Cdn$3.5 billion transaction in February 2007.
Who is the management of B2Gold?
Click here to read about the management team of B2Gold.
How do I get a B2Gold brochure?
A B2Gold brochure can be obtained by downloading it here or by signing up for news.
How can I contact B2Gold investor relations?
Investor relations can be contacted via email at email@example.com or by phone on 604-681-8371 or toll free on 1-800-316-8855.
What is Gold used for?
From the first discoveries of gold in ancient times, its beauty and the ease with which it could be worked inspired craftsmen to create it into ornaments, not just for adornment, but as symbols of wealth and power.
Today, gold jewelry is more a mass- market product, although in many countries still treasured as a basic form of saving. Jewelry fabrication is the crucial cornerstone of the gold market, annually consuming all gold that is newly mined. The continuing success of the mining industry is inextricably linked with the fortunes of the jewelry trade.
The other major use of gold is for industrial purposes. Gold’s superior electrical conductivity, its malleability, and its resistance to corrosion have made it vital to the manufacture of components used in a wide range of electronic products and equipment, including computers, telephones, cellular phones, and home appliances.
What factors drive the price of Gold?
The seven major forces driving gold today include; a falling U.S. dollar, rising real inflation, a commodity super-cycle, geopolitical risks, Wall Street’s ETFs, Internet growth and U.S. Mint promotion.
During phase one of the gold rush (2001-2006), prices more than doubled, but that’s without widespread public participation. So far, during phase two (2007-2014) gold prices have remained strong, based on growing concerns such as rising interest rates and inflation, soaring debt and deficits, dollar declines and ongoing Mid-East turmoil.
What is Silver used for?
Demand for silver is built on three main pillars; industrial and decorative uses, photography, and jewelry and silverware. Together, these three categories represent more than 95 percent of annual silver consumption. In 2006, 430.3 million ounces of silver were used for industrial applications, while over 145.8 million ounces of silver were committed to the photographic sector, 165.8 million ounces were consumed in the jewelry market, and 59.1 million ounces were consumed in the silverware market.
Silver has a number of unique properties including its strength, malleability and ductility, its electrical and thermal conductivity, its sensitivity to and high reflectance of light and the ability to endure extreme temperature ranges. Silver’s unique properties restrict its substitution in most applications. Because silver is such a good conductor of electricity, it is used in many electrical applications, including switches, contacts and fuses. Almost all electrical appliances use silver contacts and switches. Microwaves, dishwashers, TVs, telephones, toys and computers all contain silver.
Silver’s attractiveness and the ease with which it can be worked make it a popular material for use in jewelry. Silver was also one of the earliest metals used to make coins.
What factors drive the price of Silver?
In 2005, the silver price experienced a 10 percent increase over the average 2004 price of $6.65 per ounce, to an average of $7.31 per ounce. In 2006, the silver price experienced a 58 percent increase over the average 2005 price of $7.31 per ounce. The silver price reached levels not seen in 26 years and was the leader when compared with gold (36 percent increase) and platinum (27 percent increase). The primary factor driving the stronger silver price was the continued strength of investment demand, which returned in earnest in 2005, was sustained in 2006.
The early part of 2006 was dominated by speculative buying, mainly by hedge funds ahead of the launch of the world’s first silver-backed Exchange Traded Fund (ETF). There was a big jump in investor interest ahead of the ETF and then further growth in demand as the ETF was launched, and in succeeding months.
Much of the investment demand can also be attributed to the successful launch of Barclays’ Global Investors iShares Silver Trust ETF, which was introduced in late April 2006.
Restrained growth in mine production and very robust overall fabrication demand is also a contributor to the huge hike in the silver price