Over the past 12-months as the gold price has risen by 36% to $3089 an ounce, the iron ore price has fallen by 28% to $102 a ton. Australian gold price approaching A$5000/oz Gold’s rise in U.S ...

According to Melbourne-based gold mining consultants Surbiton Associates, Australian gold mine production totalled 75 t in the June 2024 quarter, a rise of 5 t, or 7%, on the previous quarter ...

He discovered a rare gold nugget worth about 240,000 Australian dollars, or about $160,000, while scanning Victoria’s “Golden Triangle” with his metal detector.

Australia’s Gold Road Resources GOR -0.30% agreed to a sweetened US$2.4 billion takeover by South Africa’s Gold Fields GFI -0.47%, after rejecting an earlier bid amid surging gold prices.