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Peak gold approaching rapidly in Australia

THE world is on the verge of peak gold production, with Australia to reach the summit sooner than its offshore peers.

Kristie Batten
Gold production is approaching its peak. Image: iStock/farakos

Gold production is approaching its peak. Image: iStock/farakos

Global gold production reached an all-time high of 106.5 million ounces last year, and is expected to rise marginally to 108Moz this year before peaking at 111.7Moz in 2020, according to S&P Global Market...

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