Gold getting back its lustre

Australia's gold output, which was down 4 per cent in 2012 at 256 tonnes, is hitting back with 67 tonnes of gold produced in the December quarter, up 1 per cent on the corresponding 2011 period and 8 per cent higher than the September quarter, according to industry consultants Surbiton Associates. "At last, we are seeing the effects of some new mines coming on-stream," said Surbiton director Sandra Close.

By InvestSMART · 4 Mar 2013

By InvestSMART ·
4 Mar 2013

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Australia's gold output, which was down 4 per cent in 2012 at 256 tonnes, is hitting back with 67 tonnes of gold produced in the December quarter, up 1 per cent on the corresponding 2011 period and 8 per cent higher than the September quarter, according to industry consultants Surbiton Associates. "At last, we are seeing the effects of some new mines coming on-stream," said Surbiton director Sandra Close.

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Gold getting back its lustre

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