SYDNEY: Gold output in Australia, the world’s second biggest producer, slipped 2% in the first quarter, due in part to mining of lesser grade ores during a period of higher bullion prices, a survey released on Sunday showed.
Australian gold production reached some 71 tonnes in the first quarter, around 1.5 tonnes, or 2% lower, than the previous quarter, according to the survey by sector consultants Surbiton Associates in Melbourne.
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