SER 0.00% 0.9¢ strategic energy resources limited

Thought the attached article was interesting considering that...

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    Thought the attached article was interesting considering that SER's Saxby Gold region has not been fully explored.

    Is the world really running out of gold?According to a report in Deutsche Welle, it just might be.Over the last couple of years, several prominent gold mining executives have warned we have found most of the world’s minable gold. For instance, last year, Goldcorp chairman Ian Telfer said, “We’re right at peak gold here.” And during the Denver Gold Forum in September 2017, World Gold Council chairman Randall Oliphant said he thought the world may have already reached that point. Franco-Nevada chairman Pierre Lassonde has also indicated he expects a significant dip in gold production in the coming years.Peak gold is the point where the amount of gold mined out of the earth will begin to shrink every year. Global gold mine output marked its 10th year of annual growth in 2018, but continued to show signs of slowing.
 
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