Secrets Revealed: The Truth Behind the Decline in Gold Mining Industry!

The Golden Plateau

As Chief Market Strategist John Reade reveals the gold mining industry has hit a plateau in production growth since 2016 facing challenges in finding new gold deposits worldwide.

The Elusive Gold

With only about 10% of global gold discoveries yielding enough metal to justify mining new gold deposits are becoming increasingly harder to find requiring extensive exploration and development that can take up to two decades.

The Permit Predicament

Securing government permits for mining operations has become a lengthy and challenging process with many projects located in remote areas necessitating infrastructure development further complicating the mining process.

The Price Pause

Despite recent record high gold prices due to strong demand the gold market is facing obstacles in sustaining production growth in the long term highlighting the struggles of the industry.