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US$1,000 an ounce no longer gold’s ‘magical barrier’ US$1,000 an ounce no longer gold’s ‘magical barrier’

The magical US$1,000 an ounce price for gold - once considered unachievable - will be increasingly regarded more as the future “bottom out” floor price, according to a senior Westpac economist.

Spot price the iron ore industry’s talking point
Spot price the iron ore industry’s talking point

In the latest iteration of its quarterly report on small and mid sized iron ore exploration and development companies, Resource Capital Research (RCR) said the talking point in the industry is the spot price.

Decline in mineral export earnings: ABARE
Decline in mineral export earnings: ABARE

In 2009, earnings from Australia’s mineral resource exports declined by 14 per cent to $131 billion as a result of lower prices for many commodities, according to the Australian Bureau of Resource & Agricultural Economics.


Featured Products
FAST wastewater treatment for purification and recycling

Australia’s largest gold producer, Newcrest, has introduced a high efficiency and low-maintenance wastewater treatment system at its flagship Cadia Valley Operations (CVO) to enable onsite recycling.

Advanced precision bolting technologies from Outotec

Outotec is combining high efficiency hydraulic technology with advanced ultrasonic bolt load testing to optimise the speed, accuracy and safety of bolting operations in the construction of SAG and ball mills.


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