Global gold production has reached record highs in recent years, but NBF analysts predict a...

|By:, SA News Editor

Global gold production has reached record highs in recent years, but NBF analysts predict a "production cliff" - too few large deposits discovered to sustain current production rates - ahead in which senior gold miners will begin to undergo a sharp production decline. In such an environment, M&A involving projects with low capital intensity, favorable logistics and strong returns should be a key driver.