Australia is one of the leading gold-producing nations in the world. In fiscal year 2023, around 301 metric tons of gold were produced in Australia. By 2029, the production volume was forecast to reach 324 metric tons.
Australia’s gold rush
Australia looked set to become the world’s largest gold producing country by 2021, overtaking China in the process. This was partly due to tightening environmental regulations, and partly due to the COVID-19 outbreak, which led to a Chinese output decline. The value of gold exported from Australia was expected to reach 25.4 billion Australian dollars in 2023.
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Department of Industry, Science, Energy and Resources (Australia). (March 28, 2024). Production volume of gold across Australia in financial year 2023, with a forecast until 2029 (in metric tons) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1039391/australia-gold-production-volume/
Department of Industry, Science, Energy and Resources (Australia). "Production volume of gold across Australia in financial year 2023, with a forecast until 2029 (in metric tons)." Chart. March 28, 2024. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1039391/australia-gold-production-volume/
Department of Industry, Science, Energy and Resources (Australia). (2024). Production volume of gold across Australia in financial year 2023, with a forecast until 2029 (in metric tons). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1039391/australia-gold-production-volume/
Department of Industry, Science, Energy and Resources (Australia). "Production Volume of Gold across Australia in Financial Year 2023, with a Forecast until 2029 (in Metric Tons)." Statista, Statista Inc., 28 Mar 2024, https://www.statista.com/statistics/1039391/australia-gold-production-volume/
Department of Industry, Science, Energy and Resources (Australia), Production volume of gold across Australia in financial year 2023, with a forecast until 2029 (in metric tons) Statista, https://www.statista.com/statistics/1039391/australia-gold-production-volume/ (last visited November 03, 2024)
Production volume of gold across Australia in financial year 2023, with a forecast until 2029 (in metric tons) [Graph], Department of Industry, Science, Energy and Resources (Australia), March 28, 2024. [Online]. Available: https://www.statista.com/statistics/1039391/australia-gold-production-volume/