Analysis Of Supply Capacity Of Gold Production Mines Under Different Price Conditions

Gold is a special mineral product with commodity attributes,currency attributes and financial attributes.It is not only a standard for measuring the value of other products,but also an important indicator of national economic strength and plays an important role in national economic and social development.In recent years,China's economy has entered a stage of sustained and rapid development,and the role of gold in economic development has become increasingly prominent.As the world's largest gold producer and the world's second-largest consumer of gold,China's gold production growth cannot keep up with consumption growth.In 2018,China's gold reserves are 2,000 tons,accounting for 3.7% of the world's total gold reserves.The reserve resources are seriously insufficient,and the safety of gold resources is worrying.In addition,the quality of China's gold mining production resources is low,the level of resource utilization is generally not high,the investment in gold resources is too low,and the contradiction between the growth of reserves and the growth of consumption is outstanding.In this context,it is essential to analyze the availability of gold production mines under different price conditions,and to develop a scientific and rational gold resource development and utilization strategy to ensure the security of gold resources supply.Based on the above status of China's gold production mines,:(1)this paper focuses on the gold production mines at home and abroad.Based on the basic analysis of global gold production,reserves,prices and consumption,the paper analyzes the total cash of nearly 500 gold production mines around the world.Cost,output,and reserve data are cut in from the perspective of total cash cost,and the six costs of labor,energy consumption,material consumption,site,transportation,and taxes in the history of typical countries are compared and analyzed.(2)A gold-available reserve-price model was established,and gold was available for the production-pricemodel to analyze the available reserves and available production of global gold production mines from different price perspectives.The results show that China's energy consumption,transportation,tax and cost are higher than typical countries,mining companies can focus on the above three cost components in terms of cost reduction.Whether it is available for reserves or available for production,China does not have an advantage in the international arena.For the good development of China's gold industry,China's gold enterprises should implement the“going out”strategy on the one hand and increase investment in gold exploration abroad;on the other hand,it should reduce the production cost of enterprises as much as possible,improve energy efficiency,and enhance the internalization of enterprises.Competitive on the top.