Gold Ore Mining in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gold Ore Mining Market Research Report | ANZSIC B0804 | Jul 2015

Export assistance: Depreciation of the Australian dollar has supported revenue growth

IBISWorld’s Gold Ore Mining market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Gold ore mining is a well-established industry in Australia, and has undergone a period of growth over much of the past decade. In addition to price increases, this growth has stemmed from gold's status as a counter-cyclical commodity, meaning that it is viewed as a safe haven asset during times of national and global economic uncertainty. As a result, the onset of the global financial crisis and the recessionary environment that ensued provided a boost for the industry. Although world gold prices declined significantly in 2012-13 and 2013-14, the weak Australian dollar limited the declines for the industry. As gold is traded in US dollars, the low dollar also benefited the industry in 2014-15 and will contribute to price increases in Australian dollars in 2015-16... purchase to read more

Industry Report - Industry Analysis Chapter

Gold ore is becoming increasingly difficult to mine in Australia. Most of Australia’s gold production comes from open-cut mines that use large earthmoving equipment. This equipment is used to first remove waste rock and overburden that is covering the gold bearing ore, and then to mine the ore. The ore and overburden are blasted to enable handling and transportation to a crusher, and overburden is disposed of. Underground mining is carried out when gold ore is located so far below the surface that open-cut mining is not viable. Miners are transported via vertical shafts into and out of the mine. These mines also provide ventilation and roadways for hauling the waste rock and ore to the surface. Sometimes it is not possible to extract all the recoverable gold ore from an open-cut mine... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Gold Ore Mining Industry?

Companies operating in the industry mine gold-bearing ore. Some firms also carry out beneficiation processes, which are basic, preliminary processes that gold ore is put through prior to smelting and refining. This can be done by flotation extraction methods. Some companies dredge for gold or rework tailings for gold.

Industry Products
Archaean lode gold dore barsRecent lode gold dore barsCopper-gold dore barsIron oxide copper-gold dore barsOther gold dore bars
Industry Activities
Open-cut and underground gold miningGold dore bar productionGold dredging and miningRoasting and flotation extraction of gold oreReworking of tailings for gold

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