March 21, 2022・Original Analysis
From the Silver Screen to a Gold Mine?
AMC Theaters bought a gold mine last week. A literal gold mine.
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AMC Theaters bought a gold mine last week. A literal gold mine.
Tuesday marked the 167th anniversary of the discovery of gold in Ballarat, Victoria, Australia. Since then, the Aussies have become the second largest gold producing country in the world. But analysts project gold output in the Land Down Under, along with several other key countries, could slump to “generational lows” in the midterm.
Gold production in China fell nearly 8% year-on-year in the first half of 2018, according to data released by the China Gold Association. China ranks as the world’s leading gold producer.