Last year, the price of gold set a new record when it sold for $2,000 per ounce, which gave miners a boost in profitability. However, the pandemic caused various mines across the globe to shut down, which in turn impacted the production of the precious metal.
Before gold is used in its numerous applications, such as jewelry, etc., it has to undergo a challenging production process, which usually starts with mining. Mining this precious metal is an international business…
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