Industry Analysis & Industry Trends
The Gold Ore Mining industry has performed moderately well over the five years through 2016-17, greatly influenced by global economic conditions. Gold ore mining is a well-established industry in Australia and it has undergone growth over much of the past decade. This growth has stemmed from price increases and gold's status as a counter-cyclical commodity, meaning that it is viewed as a safe haven asset during national and global economic uncertainty. As a result, the global financial crisis and the recessionary environment that ensued provided a boost for the industry.
As the value of global financial assets and currencies plummeted due to the global financial crisis, investors across the world turned to gold as a safe monetary asset... purchase to read more
Industry Report - Industry Products Chapter
The Gold Ore Mining industry mines and processes gold ore to produce only one major product, gold dore bars. These dore bars contain silver and other minerals and are between 80% and 90% pure gold. Gold dore bars are refined by downstream gold refiners into pure gold (99.99% gold). Gold for dore bars is extracted from a variety of sources and processed in different ways to generate final output. Final gold products contain a variety of gold from these sources.
Archaean lode gold dore bars
The Archaean era is the geological era customarily defined as beginning between four billion years ago and ending about 2.5 billion years ago. This era accounts for the oldest rock formations on Earth... purchase to read more