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Stock impact report

How Much Gold Is Left in the World? [The Motley Fool]

Newmont Corporation (NEM) 
Last newmont corporation earnings: 2/20 06:55 am Check Earnings Report
Company Research Source: The Motley Fool
The answer depends a lot on how much you're willing to spend to find it. In 2016, archaeologists working at a dig site in Bulgaria came across a tiny but significant find: A gold bead measuring about an eighth of an inch in diameter, which scientists believe may be the oldest piece of refined gold jewelry ever discovered -- dating back as far as 4600 B.C.  This discovery holds significance not just to scientists but to investors as well. Simply put, it means that humans have been mining and refining gold for more than 6,600 years. And if that's true, gold investors may wonder: After seven millennia of exploitation, how much gold is left in the world to be discovered, mined, and refined in the future? There's plenty of gold on Earth. It's just not all in one easily accessible place. Image source: Getty Images. How much gold has been mined already? Industry trade group The World Gold Council estimates that since that first gold bead was smelted, humans have mined roug Show less Read more
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