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Gold
Resurgence of the price of gold has prompted confidence in the investment opportunities afforded by several projects across WA. The stability of the jurisdiction aids in de-risking WA projects in comparison to other similarly prospective regions such as West Africa. As a result, a reinvigorated push towards greenfield exploration of gold in WA can be discerned by a 14.6% (A$23.2 million) increase in expenditure on drilling during the December 2016 quarter. Larger producers are implementing programs to enhance the value of existing operations. The Tropicana gold mine, owned 70% by AngloGold Ashanti and 30% by IGO, had an initial nameplate capacity of 5.8 million metric tons per annum.
Gold
Resurgence of the price of gold has prompted confidence in the investment opportunities afforded by several projects across WA. The stability of the jurisdiction aids in de-risking WA projects in comparison to other similarly prospective regions such as West Africa. As a result, a reinvigorated push towards greenfield exploration of gold in WA can be discerned by a 14.6% (A$23.2 million) increase in expenditure on drilling during the December 2016 quarter. Larger producers are implementing programs to enhance the value of existing operations. The Tropicana gold mine, owned 70% by AngloGold Ashanti and 30% by IGO, had an initial nameplate capacity of 5.8 million metric tons per annum.
Gold
2017
Article (Journal)
English
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