Northern Star Resources

While a surging gold price is on hold as the world adjusts to a Trump presidency, all the factors that saw its price rise more than 50 per during his first term in office – trade disputes, fiscal deficits and geopolitical tensions – are almost certainly guaranteed the second time around.

The Australian Shareholders’ Association recently held its second annual ASA Awards in recognition of best corporate governance, honouring Woolworths Group for its shareholder communications and Northern Star Resources for improved governance standards.

Most gold investors are quietly happy about the yellow metal’s 2020 rise from US$1,514.75 to US$1,728.70 – that’s a healthy 14.1 rise. But if you’re an Australian gold miner, you’re even happier about its 2020 movement in A$, from $2,164.67 to $2,591.91 – in local currency, gold is up almost 20%. And at that price,…