A platform for research: civil engineering, architecture and urbanism
A platform for research: civil engineering, architecture and urbanism
Majors Maintain Gold Reserves
At the end of 2015, the top 20 gold-producing companies held more than 760 million ounces (oz) of gold reserves -- sufficient for 16 years of production at 2015 rates, according to SNL Metals & Mining. They accomplished this while in- creasing their combined production 7% over the previous 10 years, from 39.7 million oz in 2006 to 42.5 million oz in 2015, and producing a total of 403 million oz of gold. At the same time, the 20 major gold companies replaced an average of 151% of their production over the period through a combination of acquisitions and exploration.
Majors Maintain Gold Reserves
At the end of 2015, the top 20 gold-producing companies held more than 760 million ounces (oz) of gold reserves -- sufficient for 16 years of production at 2015 rates, according to SNL Metals & Mining. They accomplished this while in- creasing their combined production 7% over the previous 10 years, from 39.7 million oz in 2006 to 42.5 million oz in 2015, and producing a total of 403 million oz of gold. At the same time, the 20 major gold companies replaced an average of 151% of their production over the period through a combination of acquisitions and exploration.
Majors Maintain Gold Reserves
2017
Article (Journal)
English
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