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Australia may boost gold output 17% over 4 years

Posted on 03 March 2009

From Bloomberg: Gold output in Australia, the world’s third-largest producer, will increase 17 percent during the next four years as investors boost purchases amid the global recession.

Output is forecast at 264 metric tons in the year ending June 30, 2012, the Canberra-based Australian Bureau of Agricultural and Resource Economics said today. Output this fiscal year may 225 tons, the bureau said. …. Full Article: Source


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