Gold’s Rally Is Driving a Rush to One of Metal’s Final Frontiers

(Bloomberg) — Step aside Canada, Australia and South Africa: West Africa is fast becoming the hottest ticket in gold mining.Producers and prospectors are pouring money into the region as prices rally and the industry at the southern tip of the continent keeps shrinking. While gold miners face a dearth of new discoveries globally, large parts of West Africa have barely been explored. The deposits tend to be shallow — meaning easy access — and relatively low-cost.At least two new projects started up this year and a further two are scheduled for 2020. AngloGold Ashanti Ltd. is also expanding and modernizing …read more

Source:: Yahoo Finance

      

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