EXPLORATION & DEVELOPMENT

Surbiton: Australian gold output to decline as closures loom

THE slow decline in annual Australian gold output is expected to accelerate over the next year, with the closure of a number of large, long-standing gold mining operations, according to Melbourne mining industry consultants Surbiton Associates.

MiningNews.Net
Surbiton: Australian gold output to decline as closures loom

Surbiton director Dr Sandra Close said that lower exploration expenditure in recent years had resulted in fewer new gold discoveries. In the coming year the amount of gold production which will be lost...

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