Over the past few decades, gold mining has become a truly global industry. Currently, there are 90 countries that mine the precious metal and the top 20 producing nations provide more than 75 percent of the world’s gold each year. In 2012, companies put out a total of 2,700 tons of gold, according to the US Geological Survey.
While the United States will continue to be highly dependent on foreign PGM exports through 2020, the nation could ease its dependence through recycling, the U.S. Geological Survey suggests.
By Michael J. Kavanagh (Bloomberg) – Corrupt government and security officials in eastern Democratic Republic of Congo pose a greater threat to the country’s poor, small-scale gold miners than rebel groups, an advocacy group said.
Impala Platinum [JSE:IMP], the world’s No 2 platinum producer, expects the market for the precious metal with industrial uses to be in deficit for 2012 and the next few years, a company official said on Monday.
La démission annoncée vendredi de Cynthia Carroll, la patronne du géant minier Anglo American, numéro 1 mondial du platine, n’a pas surpris les initiés, alors que le groupe s’efforce de sortir d’une violente crise sociale en Afrique du Sud.
