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Bitcoin adoption will lower demand for Gold and hence Gold Mining

LNN

By LNN
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LNN

This is good for the environment AND will save a few lives in the process. This might not be good news for gold mines somewhere in Nicaragua however.  I don't expect this to happen overnight

Isabella

The ten largest gold mines in the world: 1. South Deep gold mine, South Africa 2. Grasberg gold mine, Indonesia 3. Olimpiada gold mine, Russia 4. Lihir gold mine, Papua New Guin

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Isabella Apprentice

Isabella

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The ten largest gold mines in the world:


1. South Deep gold mine, South Africa

2. Grasberg gold mine, Indonesia

3. Olimpiada gold mine, Russia

4. Lihir gold mine, Papua New Guinea

5. Norte Abierto gold mine, Chile

6. Carlin Trend gold mine, USA

7. Boddington gold mine, Western Australia

8. Mponeng gold mine, South Africa

9. Pueblo Viejo gold mine, Dominican Republic

10. Cortez gold mine, USA

 

https://www.mining-technology.com/features/feature-top-ten-biggest-gold-mines-south-africa/

Leading countries in gold production in Latin America in 2019

https://www.statista.com/statistics/873931/top-latin-american-countries-gold-production/

Screen Shot 2020-11-12 at 3.30.15 PM.png

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Isabella Apprentice

Isabella

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En 12/11/2020 a las 13:10, LNN dijo:

This might not be good news for gold mines somewhere in Nicaragua however.

🤣🤣🤣 Nicaragua is a small country, many people don't even know where it is. But since I work for a company that sells equipment in the industrial sector in Central America, whose 60% of their customers are mines yes that would be sad news

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