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Gold Discoveries And Exploration Budgets In Review

According to new reports from the Strategies for Gold Reserves Replacement series, about 3,300 companies budgeted a total of $61.58 billion for gold exploration, including 200 that budgeted $50 million or more, between 2001 and 2015. It is estimated that 240 major gold deposits were discovered, delineated and found to be economically viable between 1990 to 2015. Employing a nominal gold price of $1,200/oz, these deposits host US$2,082 billion of gold in reserves, resources and past production, plus an additional US$522 billion in other metals.

The reports provide insights into:

  • Hot spots for exploration
  • Top 30 largest gold explorers 
  • Major gold discoveries

Gold in Major Discoveries and Exploration Budgets by Year, 1990-2015

Download an abstract of the reports for deeper insights into gold exploration and discovery trends.

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