Via website Australia Mining comes this report, saying Australia's gold output has hit its highest level in 11 years
(And h/t tip to @TedDixon on Twitter)
- The production of gold rose by four per cent in 2014 to 284 tonnes, its highest level since 2003.
- According to Sandra Close, director of mining consultancy firm Surbiton and Associates, lower prices forced Australian gold miners to increase the grade of ore they were targeting and push their processing plants even harder.
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Sounds like the oil producers, no?
