Monthly Archives: October 2016

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Trump, May, Mines and Money

Trump, May, Mines and Money By our M.D. Mike Booton There is a wind blowing through the big mining economies of the world, though whether it is an ill wind remains to be seen. In the UK, a vote for Brexit really shook up the political establishment and precipitated Theresa May into Prime Ministership, where she promised a Nirvana for the business and mining worlds, from more fracking permissions to a Corporation Tax of 17% – it will be the lowest of the big G20 nations, she declared. However, on November 9th a...

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Gold discovery badly behind replenishment

Gold discovery badly behind replenishment Gold is being discovered at a fraction of the rate needed to replenish reserves. In the last 16 years, the gold-mining industry has failed to replace more than half the ounces mined. JOHANNESBURG (miningweekly.com) – Gold is being discovered at a fraction of the rate needed to replenish reserves. In the last 16 years, the gold mining industry has failed to replace more than half the ounces mined. Collective mine life has fallen with the inclusion of lower gold grades in gold reserve...

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