Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Visual Capitalist has done it again! Working in tandem with Roy Sebag, Visual Capitalist has made a new infographic answering the question ‘how rare are 1 million+ oz gold deposits?’
Click on the image below to see it in its original size.
2 Comments
Porphyry
Shouldn’t Olympic Dam be up there with the revised resource estimates? From Australian Copper Conference 2012-
Olympic Dam
Total Resource 9 129 Mt at 0.86% Cu, 0.027% U3O8, 0.32 g/t Au and 1.48g/t Ag Total Ore Reserve 500 Mt at 1.84% Cu, 0.057% U3O8, 0.76 g/t Au and 3.41 g/t Ag
93 million oz Au off that… Which would top the producing mines list. Pebble might not go ahead.
Creaney
There a number of errors in this visual including stating donlin creek is a producing mine and cerro blanco mine is located in Peru rather than Guatemala.