Bloomberg/Sybilla Gross and David Stringer/5-25-2020
“Gold miners in Australia – set to leapfrog China next year to become the top producer – are resuming a pandemic-disrupted exploration spree as prices surge amid a dearth of major discoveries.”
USAGOLD note: Someone is going to step up and fill the gap between supply and demand and Australia looks to be the leading candidate – quick rise to the top, it it happens, from the number two position over the past several years. As you can see, at 10,000 tonnes, it has the largest in-ground proven reserves in the world by a wide margin.
