australia’s gold production

Australia’s gold production in the June quarter 2011 was 67 tonnes; an increase of 5 per cent from the March quarter 2011. However, gold export volumes decreased in the June quarter by 9 per cent, relative to the March quarter, to 71 tonnes. In line with weaker export volumes, the value of Australia’s gold exports decreased in the June quarter by 7 per cent to $3.2 billion.
In 2010–11, Australia’s gold mine production increased by 11 per cent, relative to 2009–10, to total 266 tonnes. The majority of this increase can be attributed to a full year of production at Newmont’s Boddington operation in Western Australia.
Gold export volumes fell by 10 percent in 2010–11, relative to 2009–10, to 301 tonnes. This was due to an increase in domestic production being outweighed by a decline in scrap and gold imports from overseas. Lower export volumes were offset by higher gold prices resulting in the total value of Australian gold exports remaining unchanged at $13 billion. Read More

gold mining

Gold mining is the removal of gold from the ground. There are several techniques and processes by which gold may be extracted from the earth.

It is impossible to know the exact date that humans first began to mine gold, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BCE, indicating that gold mining could be at least 7000 years old.

Gold objects are plentiful in the Bronze age, especially in Ireland and Spain, and there are several well known possible sources. Read More