Australia on track to become world's biggest gold producer

AUSTRALIA is on track to overtake China as the world’s largest gold producer, according to the Office of the Chief Economist.

Australia on track to become world's biggest gold producer Australia on track to become world's biggest gold producer Australia on track to become world's biggest gold producer Australia on track to become world's biggest gold producer Australia on track to become world's biggest gold producer

The latest Resources and Energy Quarterly (REQ) showed global gold supply rose by 2.2% last year to 4776 tonnes.

The rise was driven by an 11% jump in scrap, while mine production fell 1.3%.