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    gold investing

    Western Australia Gold Mine in Production

    Investing News Network
    Sep. 30, 2013 11:16AM PST
    Precious Metals

    ABC News reports that Tropicana, Western Australia’s latest gold mine, has poured its first gold.

    ABC News reports that Tropicana, Western Australia’s latest gold mine, has poured its first gold.

    As quoted in the market news:

    The project, 330 kilometres north east of Kalgoorlie is a joint venture between Anglo Gold (NYSE:AU) and Independence Group (ASX:IGO) and is expected to become the fourth largest gold producing mine in the nation.

    The mine has taken over a decade to develop and currently employs over 500 staff on site, which will be reduced to 450 permanent staff when construction is complete.

    Click here for the article in ABC News

     

    western australiajoint ventureaustralianyse:augold investing
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