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Australia combs old mines for more gold as price soars

SYDNEY Aug 29 (Reuters) – Australian prospectors are combing old mines for more gold as bullion prices rise, driving production to its highest level in more than six years, consultant Surbiton Associates said.

“We are experiencing an extended period of high Australian gold prices, which has led to old deposits being re-evaluated and re-developed,” Surbiton Managing Director Sandra Close said.

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