Gold price driving ‘unprecedented demand’, WA drilling contractor says
A gold rush is being reflected in figures released today by the Australian Bureau of Statistics (ABS) that…
Gold rate: Why India’s RBI sent 47,000 kg of precious metal to England in 1991
“Secret sale of gold by RBI again. 21,000 kg of metal airlifted to coded destination.” This was the…
Automation is growing at Australia’s biggest gold mine — but at what cost?
At Australia’s biggest gold mine, a real life video game is playing out. These days, the two open-cut…
Mineral exploration at record highs in Western Australia’s modern-day gold rush
Geologist Karen Wellman admits she would probably find better odds at the casino. As one of the few…
Higher than India’s GDP: Value of household gold at record high of over $5 trillion – why even RBI is buying the yellow metal
The value of gold with Indian households has seen a big jump due to the rally in gold…
WA photographers reminisce about bygone Goldfields era as gold’s price surges
Photographers Roger Garwood and Trish Ainslie travelled to Western Australia’s remote Goldfields in 1989 to capture prospectors who…
Panic selling hits gold as analysts warn of potential ‘regime change’ in financial markets
After surging to historic highs, gold and silver prices have come crashing back down to earth. Gold reached…
Gold’s record run rolls on with prices surging past $US5,000 as investors seek safety
Gold surged to a record high above $US5,000 an ounce today, extending a historic rally as investors piled…
WA gold companies ‘floating on a sea of cash’ as the commodity hits new price record
In the famous West Australian gold mining town of Kalgoorlie excitement and hope are acute as the price…
Record gold prices drive investment in exploration across Australia
Mick Shorter first came to Australia’s gold mining capital of Kalgoorlie-Boulder as a teenager looking for a job. …
WA miners build up massive gold stockpiles at Perth Mint amid record prices
A prospector who amassed a fortune in Western Australia’s mining industry after pegging ground covering some of Kalgoorlie’s…
Analysts say gold chasing shares to record highs is eroding its crucial safe haven status
How much is an ounce of gold worth? At present, it’s roughly $US4,100 an ounce. But that value…