Viewing entries tagged
gold producers
The latest Resources and Energy Quarterly (REQ), from the Federal Government’s Department of Industry, Science, Energy and Resources, reported Australia’s gold mine production is projected to rise at an average of 6.8% a year in the next three years, reaching a peak of 390 tonnes in 2025–26.
The latest Resources and Energy Quarterly (REQ), reported Australia increased its production by 0.6% to 328 tonnes in 2020, despite a decrease in global gold supply by 3.9% due to COVID-19.
As the world’s second largest gold producer, Australia’s industry is continuing to keep our nation strong, making a vital contribution to our economic prosperity and supporting the social fabric of our communities.
WA Minister for Mines and Petroleum the Hon. Bill Johnston MLA congratulated Gold Road Resources and Gold Fields earlier this month on their renewable energy initiatives, during visits to the Yamarna exploration camp and Gruyere gold project respectively.
Since the gold rushes of the 1850s Australia’s gold industry has been making a vital contribution to the country’s economic prosperity, generating wealth and underpinning global production. Moreover it is the lifeblood of many regional communities, creating jobs and educational opportunities, while providing vital infrastructure and boosting tourism.
Northern Star Resources Limited and Saracen Mineral Holdings Limited are set to join forces, agreeing to a merger-of-equals worth $16 billion that will see the creation of a top-10 global producer.
Their combined world-class portfolio and three large-scale gold mines in Kalgoorlie and Yandal in Western Australia, as well as in North America, will target production of 2Mozpa.
As we celebrate the 160th anniversary of the first Melbourne Cup this year, Australian gold workers from Kirkland Lake Gold and ABC Bullion stand proud, having produced the People’s Cup from Australian gold.
The iconic golden trophy carries with it much more than just the title of winner – it’s an integral part of our country’s fabric, representing Australian tradition, mateship, resilience and our collective spirit.
The Deloitte WA Index’s gold report is a tale of two decades, covering gold’s transition from Y2K to the COVID-19 pandemic and everything in between.
Discover how the same asset that was used to support various monetary systems around the globe in the 20th century remains a key element in today’s economic tapestry, with its intrinsic value and ability to weather market declines, rising inflation and depreciation of currency.
We recently spoke to Nishan Kodituwakku, Deputy Treasurer at ABC Refinery, about his finance journey in Australia’s gold industry and gold’s value in protecting wealth during times of uncertainty.
As Australia’s gold industry continues to operate and safely support its workforce, gold producers and contractors are seeking Australians to fulfil a range of roles, ensuring the essential resource is assisting our economy, people and nation.
Keeping Australia's gold industry running ensures the precious metal not only supports our economy and people during these times of hardship but is available for essential uses in our everyday lives.
Global leader in precious metals The Perth Mint has joined with leading-edge technology specialists Security Matters Ltd to develop the world’s first mine to market ethical gold supply chain assurance solution.
Titled trueGold, the initiative will lead the commercialisation of a worldwide integrity application for gold mining companies, refiners, vault operators, depositories, mints, wholesalers and retailers.
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.
With gold breaking through AUD$2,000, the outlook for gold mining equities is immense. How can gold producers take advantage of this new gold bull market?
Jake Klein, Evolution Mining Executive Chairman, will provide the answer in his keynote presentation at ABC Bullion’s National Conference 2019: A Global Case for Gold.
Australia is leading the charge towards greener and safer gold production, with new technology for an environmentally superior gold recovery process.
Following successful industry trials, Australia’s national science agency CSIRO, will transfer its cost-effective and cyanide-free gold recovery ‘Going for Gold’ process technology to Australian company, Clean Mining Limited.
The Perth Mint has created a strong new market for Australian gold producers with Chinese investors now buying more than 230 tonnes of Australian gold bullion, worth $11 billion, on the Shanghai Gold Exchange every year.
