Metals Economics Group

Metals Economics Group Reported in 2007 that discovered deposits of more than 2,5 million ounces, enough to attract the interest of major gold producers, were not adequate to replace their production. To make the discrepancy worse, only 52% of the discovered resources had been upgraded to reserves. They expect an average increase in mined gold production of about 3% annually from 2007 to 2010.

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