Many prospective areas have already been explored, according to the World Gold Council The gold mining industry is struggling to maintain production growth as finding deposits of the yellow metal has become more difficult, according to the World Gold Council (WGC), cited by CNBC on Sunday. Data from the trade association reportedly shows that mine production rose merely 0.5% in 2023 compared to a year ago. In 2022, the growth was 1.35% in annual terms, whereas the year before it had risen 2.7%. “We’ve seen record first quarter mine production in 2024, up 4% year-on-year,” WGC Chief Market Strategist John Reade to
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