Commodity Trade Mantra

Posts Tagged ‘Australia’

Peak Gold? Russia To Surpass Australia As World No 2 Gold Producer

Decline in gold production in Australia has been blamed on royalties & falling price in recent years. Possibly Australia may have reached “peak gold.” China & Russia are the only 2 large producers to have seen significant gold production increases as sizable ore deposits that were left untapped during the Communist eras are mined today.

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