Australian gold production declined by around 4 t, to 78 t during the September quarter, or around 5%, compared with the previous quarter, gold mining consultants Surbiton Associates reported.
September quarter’s production was the lowest quarterly output since the rain affected March quarter in 2018. Australian gold output reached an all-time record of 321 tonnes in 2018/19, worth around A$22 billion at current prices, with Australia being the world’s second largest gold producing country after China.