Global gold production is set to reach a historic high of approximately 3,250 tonnes (105 million ounces) in 2024 before entering a prolonged decline, according to industry experts at the International Metals Symposium in London on December 2
From 2025 onwards, production will steadily decrease due to depleting reserves, declining ore quality, and the closure of aging mines, warned Oliver Blagden, a gold and base metals analyst at CRU Consulting “This will be the most gold we’ve ever mined in a single year, ever,” he stated
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Source and Credit: mining.com
