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Australian gold output down, but margins strong amid record prices - Surbiton

From miningweekly.com

Australian gold mine production totalled 73 t in the March quarter of 2025 – 6 t (or 7%) less than in the December quarter, but 3 t (or 4%) more than in the March quarter of 2024, according to Melbourne-based gold mining consultants, Surbiton Associates. During the first three months of 2025, the London Bullion Market Association gold price ranged between $2 633 and $3 115 a troy ounce. In Australian dollar terms, prices ranged from A$4 232/oz to A$4 960/oz. “Effectively the recent decline in Australian gold production was largely the result of higher gold prices,” said Sandra Close, a director of Surbiton ... (full story)

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  • Category: Fundamental Analysis