Australia close to top of gold pile
Posted Tue Aug 4, 2009 6:00pm AEST
Updated Tue Aug 4, 2009 6:29pm AEST
A delegate at the Diggers and Dealers conference in Kalgoorlie says Australia is heading towards the position of second largest gold producer in the world. (Perth Mint)
A mining analyst says Australia could become the world’s second largest gold producer within two years.
The managing director of Surbiton Associates, Sandra Close, says high gold prices and a continued production decline in South Africa could see Australia move into second spot behind China within two years.
“Australia and the U-S sit somewhere in the middle,” she said.
“We are a big player, we’ve been a big player now for a few decades and people don’t realise, I think, that we are so large on the world stage in that respect.”
“We’re sitting third or fourth in Australia at the moment.”
Here is a list of Australian companies producing more than 100,000 ozs of Gold per year..
Producing more than 10,000 ozs of Gold per year
Follow the links for detailed summary etc
