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We Have Definitely Hit Peak Gold Production; Numbers Prove It – CEO – source -Kitco News (11/20/2018)

When it comes to whether or not the mining industry has reached peak gold, the numbers speak for themselves, said Cal Everett, President, CEO and Director of Liberty Gold. “The declining production curves of the intermediate-major producers are rolling over right now. You can see that on a quarter by quarter basis every time a quarterly earnings report comes out. I pay attention to whether they met their projected amount of ounces, what their cash cost per ounce is, and what their all-in sustaining costs are per ounce,” Everett told Kitco News on the sidelines of the Swiss Mining Institute conference in Zurich.

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