Barrick concerned about lack of new gold industry discoveries, drop in global mine production
While Barrick Chairman and acting CEO Peter Munk presided over the AGM and delivered a rambling closing address on the future of gold, Wilkins honed in on what he referred to a "new paradigm for gold." He noted that--despite the fact gold prices have soared and record levels have been spent on gold exploration-"virtually no new discoveries" have been made.
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