gold

The Gold Industry Group’s National Gold Education Program is inspiring the future leaders of Australia’s gold industry.

Perth Mint acting chief executive officer Jane King, the first female CEO in the company’s 123 years of operation, discusses her focus on wellbeing, sustainability, diversity and inclusion. 

The latest Resources and Energy Quarterly reported Australia’s gold mine production is projected to peak at 390 tonnes in 2025–26.

Develop has been awarded a $400 million four-year mining contract at Bellevue Gold’s namesake gold mine in Western Australia.

Red 5’s King of the Hills gold project remains on track for first gold production after recommencing underground mining on March 31.

OZ Minerals has made the decision to increase the hoisting shaft capacity under construction at Prominent Hill to 6.5 million tonnes per annum, up from the previous 6Mtpa.

One of Australia’s oldest and now most profitable gold operations is located near Bendigo in Victoria: McLanahan.

Mineral exploration expenditure in the Northern Territory is booming with figures from the December quarter up 38 per cent to $45.1 million on the previous period in 2020.  

Gold prices are expected to average $US1900 per ounce in 2022, with Fitch Solutions revised price reflecting the Russian invasion of Ukraine.

OZ Minerals has identified expansions at its Prominent Hill and Carrapateena operations as potential multi-generational mining provinces.

The Victorian minerals industry has increased mineral exploration expenditure by 35 per cent, as its average quarterly growth rate continues to double the national average.

Australia has produced its lowest annual gold volume since 2017, totalling 315 tonnes in 2021 after the first half saw the country momentarily overtake China.

Victoria’s exploration sector is expected to grow in the coming years, as 11,000 square kilometres of land is released to the public in the state’s west.

SRG Global has secured mining services contracts with gold miners in New South Wales, Queensland and Western Australia. 

Red 5 has commenced open pit mining at its King of the Hills (KOTH) gold project in Western Australia, with first gold production fast approaching.

The World Gold Council has released its latest Gold Demand Trends Report revealing that annual demand has recovered.

Primary Gold’s Mt Bundy Gold Project has been awarded Major Project status, setting three mines in the Northern Territory up for restart.

Northern Star Resources has taken lessons from its North American operations in managing workforce disruptions expected in Western Australia as border restrictions lift next month.

Kirkland Lake Gold has achieved record annual and quarterly production for 2021 and its fourth quarter, as the Fosterville gold mine smashed original targets in Victoria.

2021 saw the gold price record its first calendar year decline since 2018, falling 4 per cent to end the year at $US1820 ($2500) per ounce of gold, according to the Perth Mint.