http://www.abc.net.au/news/2016-12-...ell-gold-mines-close/8114884?section=business So unviable and they dug up 32,000 ounces this year. Which tells me there is plenty of gold left in the ground. If this is the case of most mines around the world imagine how much more gold is in the ground.
This will be an interesting story to follow in the next few years. Reminds me of the plight facing the residents from 'Rock Ridge' REDBACK
Does this means that Australia will be losing its position as the second largest Gold mining country in the world ? Is it because of the tax issue like described in: http://www.theaustralian.com.au/bus...d/news-story/87fc452ccd1f9e05834a493a81eb475b