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economy

REQ Report: The future looks bright for gold

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REQ Report: The future looks bright for gold

Australia’s gold exports are forecast to hit a record high of AUD $25 billion in 2019-20 according to the Department of Industry, Innovation and Science’s September edition of Resources and Energy Quarterly (REQ).

The September REQ shows Australia remains the world’s second largest producer of gold, with production increasing by 6.3% in FY 2018–19 to 321 tonnes, equating to 9% of the world’s total supply in 2018.

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Support crucial to ensure strong gold sector

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Support crucial to ensure strong gold sector

The Gold Industry Group’s role is vital to educating and engaging with the wider community on the historic, social and economic importance of the gold industry to Western Australia. 

“By leading community and industry initiatives we can create change that will positively influence future generations and ensure the industry stays strong,” said Richard Hayes, Gold Industry Group Chairperson.

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