Miners are Running Out of Gold- BBG

Gold Miners Are Running Out of Metal: Five Charts Explaining Why

Gold may have a volatile year and ended on a disappointing note. But dwindling supply, shrinking finances to get at what's left, and a potential "Peak Gold" event are raising eyebrows in the mining industry. - Soren K.

Mined Gold down 85% from 2006

 

Miner's Don't Have Capital to Spend on Projects

 

 

Reserves are Down 40% Since 2011

 

 

New Supply Will top out in 2019

 

Industry Consolidation Means Shrinking Production

Source

 

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