Australian Gold Mining Reaches 17 Year High - iMINCO Mining Training

Australian gold mining reaches 17 year production high

With gold output in 2016 totalling 298 tonnes, which is a 10-tonne or 3.5% increase on 2015, gold mining in Australia seems to be regaining momentum.

According to consultants Surbiton Associates, 2016 saw Australian gold mining production hit a 17-year high

With gold output in 2016 totalling 298 tonnes, which is a 10-tonne or 3.5% increase on 2015, gold mining in Australia seems to be regaining momentum.

At the current AUD of $1600 an ounce, Surbiton reported the full-year production in 2016 was worth more than $15 billion. The largest since 1999.

Reinforcing this lift in momentum, figures from the December 2016 quarter showed a 3%, or 77 tonne, increase than the previous quarter in September.

In response to these figures, Surbiton director Sandra Close said Australian gold mining had made some solid improvements.

“We are getting very close to the 300-tonne-a-year mark but we still have a way to go to break the all-time annual record of 314 tonnes set in 1997,”ť Close said.

“From the all-time high some 20 years ago Australian gold production had fallen to 220 tonnes by 2008, but since then had been trending upwards.”

“Overall the Australian dollar gold price has continued to be attractive, thanks to the combination of the US dollar gold price and favourable exchange rates,”ť Close added.

“This has encouraged the redevelopment of previously mined areas and the refurbishment of mothballed plants, thereby pushing Australian gold output higher.”ť

Throughout 2016 there has been numerous mines re-open, recommence work or increase output.

Newmont Mining`s Boddington gold mine in WA was the top producing operation in the country in 2016 with about 800,000 ounces.

If you’re looking for Australian gold mining jobs“ here is a great place to start

Remember training and qualifications can take you so far, if you wish to learn more about how you can give yourself a winning edge and land a gold mining job we suggest you firstly learn how to market yourself well on paper – it truly makes you stand out from the crowd.

For more information on how to land a mining job, or to find out what qualifications are needed, call a mining consultant on 0403 560 594.

 

australian gold mining

Learn more about the Bowen Basin mining location.

The Bowen Basin contains the largest coal reserves in Australia. This major coal producing region contains one of the world’s largest deposits of bituminous coal.

The Basin contains much of the known Permian coal resources in Queensland including virtually all of the known mineable prime coking coal. It was named for the Bowen River, itself named after Queensland’s first Governor, Sir George Bowen.

The Bowen Basin covers an area of over 60,000 square kilometres in Central Queensland running from Collinsville to Theodore and is dotted with many coal mines operated by multiple mining companies.

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Resources and Infrastructure Industry (RII)

Commonly refered to as Black Coal Competency (BCC), the RII competency is one that can be attained by an operator who has previously worked in the industry and has completed a number of operating hours on various types of machinery.

RII competency is granted to prove correct and safe operation of mine site machinery. It is a very useful qualification to have, as it confirms the operator has the required experience and expertise.

Find out more about RII Competencies here

You can transfer your nationally recognised civil Excavator, Front End Loader or Dozer tickets only to RII Black Coal Competencies.

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