For many miners, there’s no avoiding the gold ‘production cliff’ now
By GCRU Gold News on Wednesday, October 7 2015, 22:44 - Permalink
The cliff appears to be imminent. According to numerous professional estimates, gold output will top out in 2015 or 2016 and then go into decline for several years at least. Using consensus figures,
Goldcorp estimates that global production will drop six per cent in the next three years, and almost 18 per cent in the next nine years.