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Introducing Aurum Mining - Management Q&A Session
Gold is now up 11 years in a row through to 2011, averaging 17% per year, and as a result global gold production has managed to reach all-time highs over the past couple of years, with many producers now enjoying record profitability.
However, right now the majors are also struggling to find new deposits of sufficient size and quality to replace their diminishing reserves and this is what makes the exploration sector so attractive for us. It is all about being in the right place at the right time.