Business
Australia remains world’s second largest gold producer – Australian Mining
Australian gold production experienced a strong recovery during the June 2020 quarter, with output totalling 85 tonnes, more than 10 per cent above the March quarter.
Australian gold production experienced a strong recovery during the June 2020 quarter, with output totalling 85 tonnes, more than 10 per cent above the March quarter.
Gold mining consultant Surbiton Associates outlined this rise in its most recent report, which also showed a record 328 tonnes of gold production in the 2019-2020 financial year.
This was a record for any 12-month period and is worth nearly $25 billion at the average gold price for the period.
Surbiton Associates director doctor…
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