Mine Web, in its March 25, 2013 article, reports that New gold discoveries declining at accelerating rate – IntierraRMG.
Extract :
|
|
|
|
|
|
A new study
from research and data provider IntierraRMG has
pointed to a disturbing trend in terms of a decline in new global discoveries
and in particular in gold grades. According to a study which covers
announced gold deposit finds over the past 10 years, this decline has been
accelerating over the past four years and if the trend continues, which seems
likely as the easier-to-find deposits have perhaps mostly already been
discovered, then the future of global mined gold supplies will gradually
become affected. Indeed global production of mined gold has been
plateauing and although running at or around its historic high levels, as the
amount of new gold being found diminishes, then global production levels may
not be sustainable beyond the next few years unless there is a dramatic
turnaround in discoveries.
|
|
Read the rest of the article at
Mine Web
