Despite the run-up in the metals prices and mining company stocks, Bear Creek chair and longtime miner Catherine McLeod-Seltzer says there’s still work to be done. ‘Many companies disappointed because they did not replace reserves, there’s a lack of exploration,’ she told Kitco News on the sidelines of the BMO Metals & Mining conference. ‘For next generation of deposits, we have work to do…we produce something like 90 million ounces of gold per year and that’s not being replaced.’
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Miners Beware, Gold Reserves Are Still Not Being Replaced - Bear Creek | |
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