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Global Gold Ore Market Forecast 2023-2032 - Size, Lucrative Segments And Leading Regions | Barrick Gold Corporation, Newmont Mining Corporation, AngloGold Ashanti Limited
Global Gold Ore Market Forecast 2023-2032
The Business Research Company's Gold Ore Global Market Report 2023 identifies The increase in demand for gold jewelry as the major driver for the Gold Ore market's growth in the forecast period. Gold is extracted from the gold ores by using the gold mining process, and the extracted gold is then converted into a form such that it can be used for making gold jewelry.
The global gold ore market size is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global gold ore market size is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
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Major competitors in the Gold Ore market are Barrick Gold Corporation, Newmont Mining Corporation, AngloGold Ashanti Limited, Kinross Gold Corporation, Newcrest Mining Limited
A key trend in the Gold Ore market includes technological advancement. Companies operating in the gold ore market are adopting new technologies to sustain their position in the market.
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The Gold Ore market is segmented -
• By Mining: Placer Mining, Hardrock Mining, Other Minings
• By Application: Cupellation Method Refining, Inquartation Method Refining, Miller Chlorination Process Refining, Wohlwill Electrolytic Process Refining, Aqua Regia Process Refining
• By End-User: Investment, Jewelry, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Gold Ore market.
The Business Research Company's "Global Gold Ore Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Gold Ore Market Include:
1. Executive Summary
2. Gold Ore Market Characteristics
3. Gold Ore Market Trends And Strategies
4. Gold Ore Market - Macro Economic Scenario
5. Gold Ore Market Size And Growth
……
26. Africa Gold Ore Market
27. Gold Ore Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Gold Ore Market
29. Gold Ore Market Future Outlook and Potential Analysis
30. Appendix
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