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.
Robert Quartermain’s refrain in a Pretium Resources (TSX: PVG) presentation at the Hard Assets conference in New York, May 9-10, was: “This is why I came out of retirement.”
Quartermain, Pretium president and CEO, was referring to the high-grades of gold at the Brucejack project in BC, Canada, where drillholes have numerous times hit gold measured by kilograms per tonne, not by the usual grams or fractions of ounces per tonne.