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Gold Output is Still Falling in this Critical Center
A lot of observers are wondering when the bottom will come for the gold market, and evidence globally is starting to suggest it could be soon…..
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A lot of observers are wondering when the bottom will come for the gold market, and evidence globally is starting to suggest it could be soon…..
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In an interview with Citywire, Blackrock Natural Resources CIO Evy Hambro provides some guidance on the gold industry: In the short term Hambro predicts production might actually tick up as gold companies seek to reduce costs by mining higher grade gold where they have the flexibility to do so. He believes that while that scenario might … Continue reading
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The production base of the emerging Australian gold stocks has been growing significantly of late. So have some of the share prices. Australia now boasts a number of new producers successfully ramping up their operations here and abroad, in the process posting strong capital growth for investors. Having covered this sector since early 2006 and … Continue reading
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Geologist Brent Cook, of Exploration Insights, in this exclusive article for The Gold Report, takes a look at the major gold mining companies’ dilemma—declining production as the gold price is hitting record levels. He also explains how the junior gold explorers are confronting a similar dilemma—fewer legitimate exploration properties….
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China reduced the number of gold producers but its total production continued to grow…..
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Global gold production is in terminal decline despite record prices and Herculean efforts by mining companies to discover fresh sources of ore in remote spots, according to the world’s top producer Barrick Gold.