Viewing entries tagged
production
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.
Newmont has achieved a gold industry first, delivering production from the new autonomous truck fleet at their Boddington mine site this month.
When fully operational later in 2021, Boddington will be the world’s first open pit gold mine with an autonomous haul truck fleet.
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.
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.
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.
Gold Industry Group member Ramelius Resources announced record gold production exceeding guidance again in the September 2016 quarter, totalling 36,179 ounces of gold.
The company’s operations in Western Australia was up from its guidance of 31,000-35,000oz, while unit costs were expected to be significantly lower than the guidance of $A1100/oz, due to the higher production level.
