World's Top Gold Producers' Reserves in Decline
Hampered by a lack of new discoveries and a shift away from growth-focused strategies toward margin preservation, the world's major gold miners have seen their economically minable gold reserves decline over the past 10 years.
With top producers facing declining production profiles, shrinking reserves and rising production costs, S&P Global Market Intelligence expects many gold producers to expand organic exploration in the near term, while leveraging targeted acquisitions to supplement their depleted pipelines.
Learn more about this declining trend and the major gold producers' reserves replacement costs.
Source: S&P Global Market Intelligence. Image for illustration purpose.
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