Gold sector must invest $54b to maintain output

The gold industry will need to commission 8Moz (262t) of projects globally by 2025 to maintain 2019 levels of production, consultancy Wood Mackenzie says. Based on the average project capital intensity of $4,610/ozpa Au, Wood Mackenzie estimates the industry must invest about $54 billion ($US37 billion) on greenfield projects and restarts over the next five […]

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Industry Queensland
Industry Queensland