Precious Metals Forum

Go Back   Precious Metals Forum > Precious Metals and Economic News > Gold Bug

Reply
 
LinkBack Thread Tools
Old 06-29-2012, 09:42 AM   #1
Golden Cockroach
 
PMBug's Avatar
 
Join Date: Oct 2011
Location: In Scrooge McDuck's vault
Posts: 7,017
Liked: 2443 times
Post Further decline in Australian gold production during Q1

Quote :
According to a report published by the consulting firm Surbiton Associates, Australian gold production continued to drop in Q1 – for the third quarter in a row. During Q1 Australian gold producers extracted a total of 62 tonnes of the yellow metal. This is 5% less than the previous quarter and 4% less than the same period last year.
...
More: http://www.goldmoney.com/gold-resear...during-q1.html
__________________
The journey of a thousand miles begins with a single step. - Lao Tzu

Important stuff: PMBug 101 * Forum Guidelines * Support PMBug
PMBug is online now   Reply With Quote
Old 06-29-2012, 09:50 AM   #2
Yellow Jacket
 
ancona's Avatar
 
Join Date: Nov 2011
Location: Waaay south
Posts: 3,370
Liked: 2046 times
The easy gold is largely gone, and remaining gols is typically measured in grams per ton. Extracting gold from teh earth will bea business in permanent decline unless it is discovered somewhere else, like eastern Siberia or the hinterlands of Alaska.
__________________
All things being equal, the simplest answer is quite often the correct answer - Occam
ancona is offline   Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Similar Threads
Thread Thread Starter Forum Replies Last Post
African Barrick Gold posts 17 pct production loss PMBug Mining 8 10-01-2013 12:49 PM
Gold production, population, money supply Unobtanium PM Bug 0 05-26-2012 11:00 AM
Australian gold production falls PMBug Gold Bug 4 03-05-2012 09:51 AM
Peak Gold (Production) Silver_Bug Gold Bug 5 01-05-2012 11:57 AM
Australian Bullion Exchange PMBug PM Bug 1 11-08-2011 10:49 PM


All times are GMT -5. The time now is 10:21 AM.


Powered by vBulletin® from Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.6.0 PL2 ©2011, Crawlability, Inc.
Content of PMBug.com copyright © 2011 - 2019 Measuring Up. All Rights Reserved.