Australia - 17% of globally known gold resources
largest share of resources in the world
ECONOMY - Gold mining contributed $13.4 Billion to australia's economy in 2016/17
Direct contribution of $5.9 billion and indirect contribution of $7.5 billion
Exploration - gold accounts for close to 50% of Australia's exploration spend
Gold miners spent $689 million on exploration in 2016/17
Annual exports - $20.1 billion in 2017
Australia’s 3rd largest export industry with exports to more than 55 countries
66 Gold mines – produced more than 288 tonnes in 2016/17, accounting for around 9% of global gold production
Australia is the 2nd largest gold producer in the world, of which WA Produces around 70% of Australia’s gold
Jobs - more than 55,000 people, of which more than 28,000 are directly employed
Mining industry’s 2nd largest employer with more than 80 000 people living in Gold mining towns or regions
WESTERN AUSTRALIA - Sales of $10.8 billion
second most valuable mineral in Western Australia
DID YOU KNOW?
Gold permeates our everyday lives!