Gold Ore Mining industry outlook (2019-2024)
poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.
Over the five years through XXX-XX, the Gold Ore Mining industry's performance will likely continue to follow trends in gold pricing, production volumes, and the value of the Australian dollar. Partly offsetting higher volumes, domestic gold prices are forecast to decrease over the period, leading to low industry revenue growth. Furthermore, higher gold output growth is likely to offset an improvement in global economic conditions, contributing to revenue increases.
Revenue and profit
Over the next five years, production growth is forecast to offset lower domestic gold prices, causing industry revenue to rise and profit margins to fall. The lower price of gold in Australian dollars is anticipated to coincide with higher industry output, increasing...
Biggest companies in the Gold Ore Mining industry
The companies holding the largest market share in the Gold Ore Mining in Australia industry include Newmont Australia Holdings Pty Ltd, Newcrest Mining Limited, Gold Fields Limited, Evolution Mining Limited and AngloGold Ashanti Australia Limited.
- pie_chart Newmont Australia Holdings Pty Ltd Market Share: x.x%
- pie_chart Newcrest Mining Limited Market Share: x.x%
- pie_chart Gold Fields Limited Market Share: x.x%
- pie_chart Evolution Mining Limited Market Share: x.x%
- pie_chart AngloGold Ashanti Australia Limited Market Share: x.x%