'The game is getting tougher': gold discoveries continue to decline

AUSTRALIA could overtake China to become the world’s largest gold producer next year, but the title may be short-lived if more discoveries aren’t made.

'The game is getting tougher': gold discoveries continue to decline 'The game is getting tougher': gold discoveries continue to decline 'The game is getting tougher': gold discoveries continue to decline 'The game is getting tougher': gold discoveries continue to decline 'The game is getting tougher': gold discoveries continue to decline

Gold is getting harder to find. Image: iStock/Oat Phawat

According to S&P Global Market Intelligence, 2010-19 represented a decade of underperformance for gold discoveries, not just in Australia, but globally.