Australian gold production rose to its highest levels since 1999 in 2016, at 298 t, gold mining specialist Surbiton Associates reported.
Gold production in 2016 was worth some A$15-billion at the current gold price of A$1 600/oz, and was up 10 t, or 3.5% from 2015 production levels. During the three months to December 31, Australian gold production reached 77 t, an increase of 3% on the September quarter.
