World mined gold output forecast to hit record high as SA lags

Gold output from the world’s mines is expected reach a record high this year, putting behind it a difficult, Covid-19-disrupted 2020 and taking advantage of forecast record high prices.

In its Gold Focus 2021 report, Metals Focus predicted an average record high gold price of $1,820/oz, or R25,136/oz, a 3% increase compared with 2020 when the price jumped 27%...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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