Australia’s Gold Production Hits 12-Year High

Australia’s gold production in 2015 totalled 285 tonnes, almost two tonnes more than in 2014 and the highest annual total since 2003, according to Melbourne mining consultants Surbiton Associates Pty Ltd. Production in the December quarter 2015 was 73 tonnes, slightly above that produced in the September quarter 2015. While commodities and the shares of resource companies were sold down heavily in 2015, the gold sector has become a rare bright spot on the Australian scene, despite the negative ...