From Yukon to Patagonia, gold explorers stir after sleep

Section:

By Danielle Bochove
Bloomberg News
Thursday, May 18, 2017

From Canada's Yukon to southern Patagonia, outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

The number of holes drilled at gold deposits has been rising steadily for more than a year, according to S&P Global Market Intelligence. And while early-stage exploration budgets haven't kept pace with spending at existing mines, prospecting hot spots are starting to pop up in traditional destinations Canada, Australia, and Latin America.

In some parts of Argentina, exploration has jumped about 50 percent, mainly for lithium but also for gold in provinces such as Santa Cruz, according to state-controlled energy company YPF SA. Chile's government also sees a pickup this year with prospectors focusing on both copper and gold. Colombia is also attracting more attention. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2017-05-18/from-yukon-to-patagon...



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