kytphine
2022-02-12

China keeps burning through its mine gold reserves fastest in the world - report

(Kitco News) - According to the preliminary data released by the U.S. Geological Survey (USGS), global recoverable mine gold reserves amounted to about 54,000 metric tonnes in 2021, which is 2% more than 53,000 tonnes reported in 2020.

USGS defines recoverable mine reserves (not to be confused with resources) as the part of the reserve base that could be economically extracted or produced at the time of determination.

Australia boasts the world's largest endowment of mine gold reserves (11,000 tonnes), followed by Russia (6,800 tonnes), South Africa (5,000 tonnes) and the United States (3,000 tonnes).

As Kitco reported before, China is the top gold producer with 370 tonnes of the yellow metal mined in 2021.

At the same time, China is facing a rapid depletion of its current estimated domestic mine gold reserves. Reserves-to-production (R/P) ratio that represents the "burn rate" of proven reserves of mineral commodities when applying current levels of domestic mine production shows that China is in the "red zone" for future supplies of the yellow metal.

Read More: https://www.kitco.com/news/2022-02-10/China-keeps-burning-through-its-mine-gold-reserves-fastest-in-the-world-report.html

免责声明：上述内容仅代表发帖人个人观点，不构成本平台的任何投资建议。

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评论（4）

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  • PageDickens
    ·2022-02-13
    未来黄金价格还会上涨吗？黄金作为具有价值属性的货币，仍然具有投资价值。
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  • NinaEmmie
    ·2022-02-13
    资源短缺的问题很快就会凸显出来。从另一个角度看，这也说明中国正在快速发展。
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  • EricVaughan
    ·2022-02-13
    对于一个快速发展的国家来说，快速利用矿产资源是很正常的。或许中国也在致力于寻找新能源。
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  • MamieBenson
    ·2022-02-13
    这是否意味着黄金资源面临短缺？
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