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Gold miners return to exploration

Gold miners are returning to exploration in a big way as they hold the line on capital discipline, favouring organic growth and adding value via the drill bit rather than M&A, based on the presentations at the 2020 Americas Gold Forum.

Gold miners return to exploration Gold miners return to exploration Gold miners return to exploration Gold miners return to exploration Gold miners return to exploration

Exploration could double reserves at Detour Lake in Ontario, Canada

A recurring theme during their presentations was the reinstatement of meaningful exploration budgets as part of their capital allocation strategies and the recognition that they create more value by