Mining Through Uncertainty

Commodity Price Next 12 Months Gold 63.8% Silver 56.5% Copper 48.9% NEVADA Mining Association Increase Stay About the Same ■ Decrease MINING THROUGH UNCERTAINTY 31.9% 4.3% 39.1% 4.3% 40.4% 10.6% 18 Source: NVMA 2019 Survey APPLIED ANALYSIS

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