Thoughts on global gold mine supply

Looking ahead, I expect global gold mine supply will gradually decline over the coming years, driven by the recent downward trend in prices, a reduction in exploration spend and a decline in development projects. I do believe, however, that the scale of decline will be gradual. Between the mid-1990s and early 2000s, industry mine supply dropped by approximately 1% annually. It is likely to be similar this time round.

Thoughts on global gold mine supply