Report Predicts Strong Growth for Copper, Gold as Pandemic Is Contained

July 12, 2021 14:20:44

Fitch Solutions recently released a report that shows that the production growth of copper and gold across the globe is set to resume determinedly as the disruptions that have affected mines in the last year are halted. In the period 2012–2025, Fitch expects that the global mine production growth will stay strong as rising prices encourage more output and investments.

The company also predicts that the production of gold across the globe will increase from about 109 million ounces this year to roughly 141 million ounces by the year 2030 at an annual growth rate of 3.2%. According to this analytics company, this indicates an advance in the 0.8% average growth rate recorded in the 2016–2020 period…

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