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Good year for gold

IT was a relatively steady year for Australia’s gold producers, with the country maintaining second position in world standings as the price of the precious metal soared to record highs, according to Surbiton Associates.

MiningNews.Net

Good year for gold

According to Surbiton’s latest survey of the Australian gold mining industry, local production for 2011 totalled 264 tonnes of gold, just 2t less than in calendar 2010. At current spot prices, the full...

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