Drill rigs ramp up in gold space

A $A1750 an ounce gold price has Australian producers riding high, generating strong margins and cash. But it’s how they’re using that cash which is important.

Drill rigs ramp up in gold space Drill rigs ramp up in gold space Drill rigs ramp up in gold space Drill rigs ramp up in gold space Drill rigs ramp up in gold space

Margins have increased for Australia-based producers in the past two years, thanks to a weakening of the dollar, boosting margins.