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Education
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.
The #heartofgold Discovery Trail will be launched in Perth on Saturday 7 October, which is part of a long-term community engagement program aimed at educating and engaging the wider community on the rich history and importance of Australia's gold industry, with a strong focus on educating at a grass roots level.
This year's Diggers & Dealers was the most optimistic in years with more than 2100 delegates descending on Kalgoorlie for mining's biggest annual event.
Although a light was shining on gold and exploration budgets have grown, it was clear that more investment in exploration is needed to ensure the future of the sector.
The Gold Industry Group is thrilled to partner with the WA School of Mines Alumni to support diversity within the school and the wider industry.
Last night WA School of Mines Alumni President Bill Beament announced the recipient of the Gold Industry Group's Diversity Scholarship, Sarah Arnoldi, at their event with Women in Mining WA at Diggers and Dealers in Kalgoorlie.
The Gold Industry Group announced the launch of its Heart of Gold Discovery Trail, which will take place at Elizabeth Quay on Saturday 7 October, at its Digital Mine breakfast at Diggers & Dealers today.
The Heart of Gold Discovery Trail will be the first virtual trail of its kind to give the community an interactive ‘gold’ experience via the free Heart of Gold app.
Last week the Gold Industry Group held workshops in Perth and Kalgoorlie with new community partner LIVIN, to demystify the stigma attached to mental illness and provide the basic tools to help yourself and others.
LIVIN founders Sam Webb and Casey Lyons delivered six educational workshops with members and a community event.
The WA Mining Club are offering seven $10,000 scholarships to WA university students studying a degree in a mining discipline.
Students studying engineering, geology, metallurgy, environmental science, biology and similar technical disciplines are eligible to enter. Students are welcome to apply for more than one scholarship.
The Gold Industry Group has released results from a study conducted by Deloitte Access Economics into the gold industry, revealing its significant contribution to Australia’s history, economic development and social advancement.
“From the 1850s, the demand for gold has helped grow, sustain and define Australia,” said Deloitte Access Economics Partner Matt Judkins.
The Gold Industry Group recently hosted an event with Deloitte to welcome their senior mining leaders from around the globe, from 12 cities in eight countries, to Perth as part of their global mining summit.
Around 100 Gold Industry Group members, Deloitte mining leaders and clients attended the networking event at The Perth Mint to discuss the future of mining, both here and globally.
The Gold Industry Group (GIG) is pleased to announce a new community partnership with mental health charity LIVIN, aimed at raising awareness of mental health and changing the way the mining industry and society understands, perceives and interprets mental illness.
We are coordinating a GIG LIVIN Tour with members and the Goldfields community next month, from 12-19 June.
When we talk about the correlation in prices for assets traded in financial markets we are referring to how closely those prices mimic each other.
Highly correlated assets tend to move in the same direction most of the time. A good example is the shares in our four major banks, which tend to move in unison most days, unless there is some news (either good or bad) that only affects one of the companies.
Gold has retained a hallowed place in the history of the Australian resources sector and beyond for generations, and its central part in Western Australia’s past is both colourful and fascinating.
However, the story is far from over, and the importance of this rarest of precious metals in today’s economy can be seen with more than 70% of the nation’s overall gold production coming from WA. If WA was a country, it would be the 5th largest gold producer in the world.
The value of a gold miner is based on the gold price but provides the investor with the opportunity to achieve a return in excess of the rise in the price of gold.
Recent investor articles have focused on investment in gold, be it physical or other products liked to the gold price. Those looking for exposure to gold prices can also invest in the producers of the gold itself.
Medic by day, photographer by night. Not only does Ian Beattie look after the well-being of fellow employees at Ramelius Resources' Mt Magnet Gold Mine and the local community, he captures the history of Mount Magnet after dark.
We spoke to Ian about some of our favourite photographs that will take you back in time to Mount Magnet's golden past.
The most common question first-time gold buyers ask is whether they should buy a coin or bar.
However, there are a wide range of options beyond just coins and bars, and here are the key options.
Our newest member, the Western Australian School of Mines’ Alumni (WASMA), hosted a lunch at Kings Park last month to recognise the 2017 WASM graduates.
More than 50 industry and government representatives were in attendance to congratulate the 44 graduates in the core disciplines of Mining Engineering, Geology, Metallurgy and Surveying.
When you are thinking of buying gold the first thing you should consider is where you are going to store your gold, as it affects what form of gold you may buy as well as who to buy it from.
There are three main ways to store gold.
In 1896, if you opened the door of Boulder Block Hotel and stepped inside, would you expect to find gold?
Yes, there is a story to be told about the secret goings-on at the Boulder Block Hotel. The underground miners of The Golden Mile were “on the gold”, and some of them were said to be selling the gold on the sly at the infamous pub before the whistle blew for the end of shift.
“Fly Flat” doesn’t sound like a prestigious or auspicious name for a place that started a gold rush boom. But on the outskirts of Coolgardie in Western Australia, the flat country with sparse gum trees was rich with alluvial gold, and changed the fortunes of a nation.
In 1892, two prospectors, Arthur Bayley and William Ford found over five hundred ounces of gold at Fly Flat. At today’s gold price, the horde would be valued at over half a million dollars.
One question we are often asked at ABC Bullion is; how much gold or silver should I hold in my portfolio?
Discover some of the factors and options according to Chief Economist Jordan Eliseo.
