Australia achieves record gold production in 2018
With 317 tonnes of gold in 2018 the companies broke the previous record of 314.5 tonnes which stood for 21 years. Australian gold production reached 81 tonnes in the December 2018 quarter the third consecutive quarter where output exceeded 80 tonnes. The gold price averaged $1711 an ounce in the December quarter.
Gold mining in Western Australia - Wikipedia
Gold production in Western Australia begun in the 1890s reaching its first peak in 1903 with over 50 tonnes of gold produced annually. Production gradually fell to reach a first low in the late 1920s. At that point Western Australia was almost the only state in Australia to still produce gold. Production rose once more during the Great Depression to reach a second peak in 1939. After a short slump during the war gold production remained relatively steady until the mid-1960s.
Australian gold production achieves all-time highs
Australian gold production reached an all-time record of 325 tonnes last year with a particularly outstanding December quarter according to Surbiton Associates. Gold production during the December period hit a record quarterly output of 87 tonnes exceeding the previous record of 82 tonnes in the June quarter last year.
Gold Mining and Production Information - Australian Gold
South Africa& 39;s gold production has been steadily declining since 1970; China& 39;s gold production has been steadily increasing since the early 1980s. Australia& 39;s gold production has been gently declining since 1997 and in 2008 Australia produced 25% less gold than in 1997.
Gold Geoscience Australia
Australia especially Western Australia is the one of the world& 39;s top producers of gold. About 60% of Australia& 39;s gold resources occur in Western Australia with the remainder in all other States and the Northern Territory. Virtually all resources occur in primary deposits many of which have undergone some degree of weathering.
Citigold - Australian Gold Production Citigold Corporation
Not many people may realise that gold has been a dominant commodity in Australia for over a century and a half and Australia is the world top 2 producer of gold with large quantities deriving predominantly from Western Australia and Queensland. Gold was found in Australia as early as the 1820s - the earliest recorded sighting of gold was in NSW in 1823.
Gold production in Australia to grow 17% by 2024 Kitco News
Australia is the world’s second-largest gold producer and home for 14 of the world’s 20 biggest gold mines. In 2019 the country’s gold production has reached 11469.3koz up by 4.2% over 2018. The additional output was supported by the commencement of the Gruyere project in Yamarna belt in 2019 which added 99.1koz of gold during the year.
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