Peak Gold production – Ian Teifer of GoldcorpTo your point TT about there still being lots of gold in remote places…
For many in the industry, who share his view about shrinking deposits,
the answer is to look in lesser explored regions of the world, including areas that have deterred miners in the past because they are geographically remote, politically unstable or where the governments want large portions of the revenues from a mine. Telfer said
Goldcorp was founded on the premise of staying in the Americas for two reasons: it is easier to manage operations that are confined to three time zones, and it’s a calculation of political risks. “So far we haven’t deviated from that,” he said,
“There’s still opportunities in those parts of the world, but as the commodity becomes scarcer, those are the kinds of decisions you have to make.” Excerpt from Financial Post Article;
https://business.financialpost.com/commodities/mining/were-right-at-peak-gold-all-the-major-deposits-have-been-discovered-declares-goldcorp-chairman gc