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SYDNEY: Gold miners in Australia, the industry’s most profitable operators, are facing a slump in output that’ll leave the nation trailing key rivals -- and they’re being warned to resist the temptation to replace fading mines with high-cost production.
SINGAPORE: Gold may stand at the start of a major bull market should the UK’s Brexit vote prove to be a forerunner of greater political and financial instability around the world, according to Evolution Mining Ltd’s Jake Klein, a veteran of more than 20 years in the industry.
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.