Gold in the electronics sector
Innovations in the electronics industry increase the importance of gold. New uses are emerging.
(PresseBox) - In 2010, the electronics industry generated demand for 328 tons of gold. In 2023, it was only 249 tons. However, demand in the electronics sector is now rising again. Gold has excellent physical and chemical properties; it conducts electricity very well and gold does not corrode. The precious metal is also highly resistant to oxygen and moisture, resulting in durable components. Gold is absolutely essential in many electronic devices, be it cell phones or technologies from the aerospace sector. It is mostly electronic contacts and circuit boards in which gold is used.
The precious metal is therefore part of computer chips, which are found in pretty much all electronic devices. Things that contain gold include electric vehicles, smart televisions and laptops. And then there are the increasing applications of artificial intelligence. And these require an electronic infrastructure that should not be neglected. This must supply the artificial intelligence sector with electricity. AI-enabled devices are therefore dependent on gold. It is the special conductivity of gold that ensures the best data processing and high speeds. More and more sectors are relying on artificial intelligence, for example in medical technology, the financial sector, science with large amounts of data and industry. These new sectors need reliable, effective AI devices to make gold. In Germany, 20 percent of companies already use artificial intelligence. Companies such as Fury Gold Mines and GoldMining are responsible for the supply of gold.
Fury Gold Mines - https://www.commodity-tv.com/ondemand/companies/profil/fury-gold-mines-ltd/ - is active in Nunavut and Quebec. More than 12 grams of gold per tonne of rock have already been identified at the Eau Claire project.
GoldMining - https://www.commodity-tv.com/ondemand/companies/profil/goldmining-inc/ - owns gold and copper in its projects in South and North America. GoldMining also owns shares in Gold Royalty, U.S. GoldMining and NevGold. At the São Jorge project in the Brazilian state of Pará, up to a good 10 grams of gold per tonne of rock were found.
Current company information and press releases from GoldMining (- https://www.resource-capital.ch/en/companies/goldmining-inc/ -) and Fury Gold Mines (- https://www.resource-capital.ch/en/companies/fury-gold-mines-ltd/ ).
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.
Unternehmensinformation / Kurzprofil:
Datum: 29.11.2024 - 07:09 Uhr
Sprache: Deutsch
News-ID 714597
Anzahl Zeichen: 0
contact information:
Contact person: Jörg Schulte
Town:
Herisau
Phone: +49 (2983) 974041
Kategorie:
Financial Services & Insurance
Diese Pressemitteilung wurde bisher 171 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Gold in the electronics sector"
steht unter der journalistisch-redaktionellen Verantwortung von
Swiss Resource Capital AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
