Local Miners Show Gold in Victoria

Precious Metals

Sydney Morning Herald reported that the gold industry in Australia’s state of Victoria is still strong.

Sydney Morning Herald reported that the gold industry in Australia’s state of Victoria is still strong.

The market news is quoted as saying:

Castlemaine Goldfields produced its first bar at its Ballarat gold project this week and plans to produce 50,000 ounces a year. Octagonal Resources announced on Wednesday it would start mining an underground mine further east at Maldon after already committing to developing an open pitmine in the region.

To read the full market news, click here.

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