−Removed: Quantitative and Qualitative Disclosures about Market Risk
−Removed: Metal Price – Changes in the market price of gold may significantly affect our profitability and cash flow.
−Removed: Gold prices fluctuate widely due to factors such as:
−Removed: demand, global mine production levels, investor sentiment, central bank reserves, and the value of the U.S.
−Removed: Interest Rate Risk – Our exposure to market risk is confined to our cash and cash equivalents, all of which have maturities of less than three months and bear and pay interest in U.S.
−Removed: Since we invest in highly liquid, relatively low yield investments, we do not believe interest rate changes would have a material impact on us.
−Removed: Our risk associated with fluctuating interest expense is limited to other short-term obligations we may incur in our normal operations.
+Added: ITEM 7A QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
+Added: Market Prices
+Added: Changes in the market price of commodities, including precious metals, critical metals and oil and gas may significantly affect our profitability and cash flow.
+Added: Metal prices fluctuate widely due to factors such as:
+Added: demand, global mine production levels, supply chain constraints, investor sentiment, central bank reserves, global conflicts and the value of the U.S.
+Added: Interest Rate Risk
The interest rates on our existing long-term debt borrowings are fixed and as a result, interest due on borrowings are not impacted by changes in market-based interest rates.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.