Gold Production in Australia Drops

December 4, 2020 12:20:16

Despite the global coronavirus pandemic and its effects, the Australian mining sector has pushed on. In this year’s second quarter, April through June, miners in Australia yielded 95 tons of gold. This was a 10% growth from the first quarter output of 77 tons. However, in the third quarter of the year, the output of gold decreased to 81 tons, a four-ton decline from the quarter. The decline was mainly a result of lower output in some of the biggest gold mines in the country.

Mining consultant firm Surbiton Associates, which specializes in gold, believes that…

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