Australian gold production expected to increase

Australian gold production is forecast to grow by 6% year-on-year in 2019 and a further 3% in 2020, to reach 10.9-million ounces, researcher Fitch Solutions has reported. In its outlook for the Australian gold sector, Fitch Solutions noted that Australian gold production in the 2019 financial year reached a record 10.3-million ounces, with 2.6-million ounces delivered in the June quarter alone.