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Gold exploration budget hit all-time high in 2012, but future doesn't look rosy

Cecilia Jamasmie | September 17, 2013 | 11:06 am Precious Metals Africa Australia Canada Europe Latin America Gold Silver 

Gold exploration budgets increased drastically since 1999, reaching an all-time high of more than $6 billion in 2012, but the total amount of precious metal found in major discoveries fell short of replacing global production, shows a report by SNL...

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