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Is The Next Big Gold Discovery In Australia?
It may be difficult for another large, high quality deposit to be discovered in Australia anytime soon, as the saturated exploration market and large number of miners operating in the continent means that such a deposit would have already turned up, said Joe Mazumdar, co-editor of Exploration Insights.
“I think it’s more difficult to find that kind of deposit in Australia and Canada. It’s got to be undercover… because of the amount of people that have already been here working on these kinds of deposits,” Mazumdar told Kitco News on the sidelines of the Noosa Mining & Exploration Investment Conference.
Mazumdar noted that in today’s conditions, it’s easier find a deposit that is lower grade.
“You can make a lower grade deposit work [in Australia] because you’ve got better infrastructure than a more infrastructure-challenged country,” he said. (show less)
It may be difficult for another large, high quality deposit to be discovered in Australia anytime soon, as the saturated exploration market and large number of miners operating in the continent means that such a deposit would have already turned up, said Joe Mazumdar, co-editor of Exploration Insights.
“I think it’s more difficult to find that kind of deposit in Australia and Canada. It’s got to be undercover… because of the amount of people that have already ... (read more)
Noosa Mining Investor Conference
This valuable and informative investor conference will be held for an eighth year at Peppers Noosa Resort from 12:30pm on Wednesday 18th July to Friday 20th July 2018. The conference will feature listed resource companies showcasing and selling their investment credentials via an exhibition and formal presentations. Designed for resource investors, brokers and fund managers to better understand current investment opportunities in the mining, energy and exploration sectors, the conference brings senior company executives and investors together in a relaxed yet sophisticated setting.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
