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<p>[QUOTE=&quot;Ginger1, post: 1994481, member: 72388&quot;]The major gold producers increased their reported reserves to 838.4 million oz or over 26,000 tonnes at the end of 2008, according to Metals Economics Group. Assuming a 10% recovery loss when the ore is extracted, this would amount to 14 years of gold production at 2005&#039;s level. In practice the amount of known resources remains fairly constant over time since the results of new exploration finds replace those resources that are exploited.[/QUOTE]</p><p><br /></p>

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