Global Gold Mine Supply

Since 1900, the global gold mine supply has been driven by periods of substantial exploration success, technological advances in both mining methods and processing and more recently by trends in gold prices themselves. This article provides a review of supply from Newmont’s Carlin operations in northern Nevada where the Company has been in operation since the mid-1960s and has benefited greatly from all of the aforementioned drivers. The lag between gold price trends and mine supply is also reviewed as well as expectations for global supply trends going forward.