Australian gold production has fallen 1t in the Sept 2017 qtr (Q1 18) or 1.4% less than the previous qtr and just under 1t down on the Sept 16 qtr.
Melbourne-based gold mining consultants Surbiton Associates says that among those increasing output were Newcrest’s Cadia East underground gold-copper mine in New South Wales up 80,000oz on Q4 17, Newmont’s Tanami operation in the Northern Territory up 16,000oz and AngloGold Ashanti’s Sunrise Dam mine up almost 13,000oz. Those down were the Super Pit in Kalgoorlie by 24,000oz, Kirkland Lake’s Fosterville mine in Victoria down 15,600oz and Newmont’s Boddington mine in Western Australia down 15,000oz. BHP’s Olympic Dam copper-uranium-gold mine in South Australia saw its gold by-product production slide 15,000oz.
AUSTRALIA’S SEPT 17 qtr GOLD PRODN EASES READ THE FULL STORY IN BILLBOARD. Click here Not a subscriber? Click here for a free trial subscription |