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Business 30 May 2016 | 12:00 AM Premium

Australian gold output slips 2% as miners dig lower grade ore

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.

Commodities 07 Aug 2013 | 3:07 PM Premium

Struggling Aussie gold miners eye outside backers

Australia's Alacer Gold Ltd said it expects to receive bids within a month to sell two gold mines, in a sign that merger activity in the sector may be starting to stir after a slump in bullion prices.