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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: lorne who wrote (57067)8/6/2000 2:59:23 PM
From: goldsheet  Respond to of 116972
 
> June-quarter total took output for the year to June to 299 tonnes

Australian production has been declining since its peak at 320mt in 1998.
Producton peaked in 1997 in the US (360mt) and Canada (170mt)
Lots of growing gold production elsewhere in the world
(Chile, Peru, Argentina, Mali, Tanzania, etc..)

I'll stick with my old forecast. After a world production record of 2569mt in 1999
(when I was proably the only person that said 1999 would beat 1998, everyone else predicted down) ,
we should dip down a little for the next few years, but I expect we will see over 2600mt by 2003,
and maybe 2700mt by 2004, new records.