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Monthly Archives: June 2021

World gold production declines

When I visited South Africa in 1979, it was the world’s largest gold producer, mining some 1,000 tons a year.  Today South Africa is not even in the top 10 gold producing countries. Between 2010 and 2018, the world’s gold production grew by 2.5%.  However, over the last two years, production has fallen by 4.78%.