Apr 1, 2021
Gold Reserves Depleting Is a Real Problem Warns David Garofalo
With a lack of new discoveries and the shift away from growth-focused strategies, the world's major gold miners have seen their economically mineable gold reserves decline over the past ten years. Our Daniela Cambone speaks with David Garofalo, Chairman and Chief Executive Officer of Gold Royalty Corp., about the gold mining sector’s "existential issue" of dwindling reserves. "We have seen reserves decline by 40% over the course of eight years," he says, adding that companies need to rediscover the lost art of mine construction.