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International gold expedition invest dropped by around $550 million in 2019 as juniors had a hard time to increase capital and as two mega mergings saw exploration invest minimize, Mark Ferguson, supervisor of steels as well as mining study at S&P Global Market Knowledge informed Kitco Information at the PDAC seminar in Toronto, Canada.
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Gold exploration spend falls in 2019
Global gold exploration spend fell by about $550 million in 2019 as juniors struggled to raise capital and as two mega mergers saw exploration spend reduce, Mark Ferguson, director of metals and mining research at S&P Global Market Intelligence told Kitco News at the PDAC conference in Toronto, Canada.
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