{"id":436,"date":"2010-11-29T12:52:54","date_gmt":"2010-11-29T01:52:54","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/australian-gold-production-shrugging-off-the-costello-curse\/"},"modified":"2010-11-29T12:52:54","modified_gmt":"2010-11-29T01:52:54","slug":"australian-gold-production-shrugging-off-the-costello-curse","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/australian-gold-production-shrugging-off-the-costello-curse\/","title":{"rendered":"Australian Gold Production shrugging off the Costello Curse"},"content":{"rendered":"<p>Australian gold miners are now expanding their gold production at a remarkable rate. Our gold industry had been severely bashed about by Peter Costello when he was the Federal Govt Treasurer. Costello sold off Australia&#8217;s a lot of our gold reserves for ~$350 dollars and shredded Australia&#8217;s gold miners in the process. <a href=\"http:\/\/www.australian-gold.com\/decline.html\">http:\/\/www.australian-gold.com\/decline.html <\/a>. (Gordon brown made an even bigger mistake when he sold off Britain&#8217;s Gold)<\/p>\n<p>Now with the price of gold on a sustained high Australian Gold producers have outperformed over the last quarter with a 22% (12t) rise in production from both old mines and new mines. Moreover our explorers are again actively hunting and several explorers are making the transition to production.<\/p>\n<p>The merger of Lihir into Newcrest has given Australia one of the world&#8217;s biggest gold miners and their is a large gap between NCM and the next rank of producers&#8230;.<\/p>\n<p><img src=http:\/\/www.australian-gold.com\/assets\/images\/australian-gold-producers-2010-mid.gif><\/p>\n<p><img src=http:\/\/www.australian-gold.com\/assets\/images\/australian-gold-producers-june-2010.gif><\/p>\n<p>For many Gold investors the action for outstanding gains is in the explorers that are heading into production&#8230;.Australia has literally hundreds of companies involved in gold exploration and near term production &#8211; the so called emerging producers.<\/p>\n<p>    * <a href=\"http:\/\/www.australian-gold.com\/gold-shares-explorers-10m-ozs-1m-ozs\">Australian Gold Explorers with 10m &#8211; 1m ozs resource<\/a><\/p>\n<p>    * <a href=\"http:\/\/www.australian-gold.com\/Gold-Shares-Explorers-1mozs-100000ozs\">Australian Gold Explorers with 1m &#8211; 100000 0zs resource<\/a><\/p>\n<p>    * <a href=\"http:\/\/www.australian-gold.com\/Gold-Shares-Explorers-100000oz-or-less\">Australian Gold Explorers with resources of 100,000 ozs of gold or less<\/a><\/p>\n<p>    * <a href=\"http:\/\/www.australian-gold.com\/gold-shares-producers-miners.html\">List of producers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian gold miners are now expanding their gold production at a remarkable rate. Our gold industry had been severely bashed about by Peter Costello when he was the Federal Govt Treasurer. Costello sold off Australia&#8217;s a lot of our gold reserves for ~$350 dollars and shredded Australia&#8217;s gold miners in the process. http:\/\/www.australian-gold.com\/decline.html . (Gordon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-436","post","type-post","status-publish","format-standard","hentry","category-gold-blog"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=436"}],"version-history":[{"count":0,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/436\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}