Malaysia’s gold output on the rise

Malaysian Chamber of Mines

KUALA LUMPUR: While Malaysia’s gold industry has been dominated by its downstream sector, it is interesting to note that the upstream sector has grown three-fold in the past decade, to RM780mil in 2015 from RM211mil in 2006.

Little is known that Malaysia’s gold production came from its 14 mines in Pahang, Kelantan and Terengganu and as of 2015, Pahang alone accounted for 74% of the country’s output.