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Commodities Briefing - Categorized | Bullion/Gold, Resources more

World’s gold deposits are drying up

Posted on 02 August 2012

Natural Resources Holdings produced a terrific report—which lists the world’s top 50 producing mine and undeveloped deposits—that warns there is a paucity of exploitable gold in the coming years.
“In our view a mine or deposit is an asset no different than a farm, commercial property, or financial security. Yet when it comes to gold, there are only 439 assets that meet the industry perceived economic threshold of 1 million ounces,” writes the authors………………………………………..Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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