Australia

By Admin
Australia is a behemoth for gold. Year after year, Australia is...

Australia is a behemoth for gold. Year after year, Australia is consistently at the forefront of the world’s gold production. Since its first gold rush in 1851, the country continues to be one of the largest gold producers in the world, producing 250.1 tonnes in 2013. Western Australia is the primary contributor for the country’s gold production as it accounts for 75 percent of Australia’s gold production.  In addition, Australia has the most plentiful gold reserves in existence with 7,400 tonnes.

Some of the largest gold mines reside in Western Australia such as The Super Pit and Boddington Gold Mine.

Gold production – 250.1 tonnes annually                             Population – 22.7 million

Gold consumption –N/A                                                       Gross National Income – $982.2 billion

Unmined gold – 7,400.1 tonnes annually                             Serious conflicts reports – No serious conflicts reported

Gold production as percentage of GNI – 1.65 percent

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