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Global gold mine production is falling from a lack of investment in recent years as operators turned their focus to cost containment and away from growth. Despite seven new mines starting up in Latin America last year, the region is contributing to the decline, and the near-term pipeline is slim. Miners have been hard at work optimizing projects and reducing debt. With a spike in gold prices in 2016, some have begun to make investment decisions that indicate confidence. Could now be the time to return to growth?
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