Chart: Which countries are falling behind in gold mine production
India tops the global ranking with demand nearly 50 times that of its mined supply.
Toronto-based Moneta Porcupine Mines has updated the mineral resource for the South West gold deposit at its Golden Highway project 110 km east of Timmins. The results of recent drilling show increased numbers in all categories.
Highlights from South West:
The company also shared total Golden Highway numbers:
Moneta said it used a gold cut-off grade of 3.00 g/t for all estimates.
(This article first appeared in the Canadian Mining Journal)