The New Global Gold Rush
LATIN AMERICA
Huge mineral prospects and new mining laws have made Latin America the No.1 target.
1996 EXPLORATION SPENDING: $963 MILLION
AFRICA
With production slumping in South Africa, companies are now exploring for gold in Tanzania, Zimbabwe, and other countries.
1996 EXPLORATION SPENDING: $418 MILLION
CENTRAL ASIA
Despite political risks, some companies are developing known gold reserves in Russia and Central Asian Republics.
1996 EXPLORATION SPENDING: $76 MILLION
PACIFIC RIM
The region linking the Philippines, Papau New Guinea, and Indonesia, known as the Rim of Fire, has already produced enormous finds.
1996 EXPLORATION SPENDING: $415 MILLION
DATA: METALS ECONOMICS GROUP
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