SO WHAT’S WRONG WITH THE GOLD BUSI­NESS?

Finweek English Edition - - INSIGHT: LOCAL -

First off, the gold in­dus­try faces the fol­low­ing struc­tural head­winds: been few and far be­tween in the last 20 years. be­come much more diff icult as they have ma­tured.

and more ex­pen­sive to find as the re­sources in­dus­try emerged from 20 years in the dol­drums. and costs as­so­ci­ated with th­ese have de­te­ri­o­rated/changed sig­nif icantly, which in­clude higher taxes and royal-

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