A phased restart of mining operations is set to begin on July 17th, according to the Ontario-based gold mining company, Harte Gold. After acquiring the funds they needed due to liquidity and Covid-19 related issues, they expect to recall their entire workforce and be fully operational by the end of the month.

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There has been a growing demand for gold and other precious metals ever since the pandemic swept the world, yet little supply. Harte Gold hopes to leverage the situation and make a strong profit from their $30 million investment they put into resuming operations & meeting new safety regulations. But what does this mean for you?

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Well, a couple things. Firstly, this is a positive sign for the overall economy, as businesses begin to restart and employees are recalled back into the workforce. Despite struggles to meet new safety requirements made to reduce the risk of Covid-19 transmission, companies are managing. Secondly, more supply will likely lead to a drop in gold prices. As more companies begin mining, gold prices will only continue to drop. So, if you were wondering when a good time to sell is, the answer is today!

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