Sun, Aug 31, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Australia’s gold output down 5 pct in Q1 - survey

Posted on 17 June 2013

Australia’s gold output fell 5 percent in the first quarter on weather-related disruption and a weaker currency would likely have cushioned a sharper fall in the current quarter when the metal’s price plunged, a consultant said.
Output at the world’s no. 2 gold producer after China fell to 63.5 tonnes in the first quarter from 67 tonnes in the fourth quarter of last year, according to the latest Gold Quarterly Review by Surbiton Associates. The decline equates to around $170 million worth of gold based on the current bullion price……………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31