Australia Gold Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime with Taxes, Royalties and Forecast to 2030

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GlobalData’s “Australia Gold Mining to 2030” provides a comprehensive coverage on the Australia Gold industry in 2024. It provides historical and forecast data on gold production, production by company, reserves by country and world gold prices. The report also includes a demand drivers section providing information on factors that are affecting the global gold industry. It further profiles major gold producers, information on the major active, planned and exploration projects by region.

Australia’s gold mine production is predicted to fall for the fourth consecutive year in 2024, to 10.3 million ounces (moz), a 2.6% decrease from 2023. This will be primarily due to planned reduction in the head grades at the country’s major mines such as Cadia, Boddington, Telfer, Fosterville and Tanami. Combined production from these mines is expected to decline from 1,785 thousand ounces (koz) in 2023 to 1,696.8koz in 2024.

Overall, production will begin to recover in 2025, albeit at a marginal 0.7%, and will rise consistently until 2029, before decreasing in 2030. This short-term growth will be supported by project expansions and the scheduled start-up of many projects, including the Yandal (2025), Trident (2025), Hemi (2026), and Mcphillamys (2028). Australia’s gold mine production is predicted to increase at a compound annual growth rate (CAGR) of 2.0% between 2024 and 2030, reaching 11.6moz. However, the growth rate is predicted to slow after 2028, due to the closure of key mines such as Duketon South, Agnew/Lawlers, and Beta Hunt.

Scope

The report contains an overview of the Australia gold mining industry including key demand driving factors affecting the Australia gold mining industry. It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, major exploration, and development projects.

Reasons to Buy

• To gain an understanding of the Australia gold mining industry, relevant driving factors

• To understand historical and forecast trend on Australia gold production

• To identify key players in the Australia gold mining industry

• To identify major active, exploration and development projects by region

Newmont
Northern Star
Gold Fields
Evolution Mining

Table of Contents

Overview​

Reserves​

Gold production​

Gold prices​

Active mines​

Major development projects​

Major exploration projects​

Demand​

Competitive landscape​

Mining taxes and royalties​

Appendix​

Table

Table 1: Australia gold mining – Historical and forecast gold production (million ounces), 2005–2025

Table 2: Australia gold mining – Australian gold production by major company (thousand ounces), 2019–2020

Table 3: Australia gold mining – Gold prices quarterly (US$/ounces), Q1 2015–Q2 2021

Table 4: Australia gold mining – Active mines, 2021

Table 5: Australia gold mining – Exploration projects, 2021

Table 6: Australia gold mining – Development projects, 2021

Table 7: Australia gold mining – Number of operating, development, and exploration projects by company, 2021

Table 8: Australia gold mining – Newcrest Mining Ltd., major projects, 2021

Table 9: Australia gold mining – Newmont Corp, major projects, 2021

Table 10: Australia gold mining – Northern Star Resources Ltd major projects, 2021

Table 11: Australia gold mining – Evolution Mining Ltd major projects, 2021

Table 12: Australia’s mining fiscal regime – National level mining governing bodies and agencies, 2020

Table 13: Australia’s mining fiscal regime – Mining governing bodies and agencies by state/territory, 2021

Table 14: Australia’s mining fiscal regime – Mining governing bodies and agencies by state/territory, 2021

Table 15: Australia’s mining fiscal regime – Exploration (mineral owner) license application and renewal fees in NSW, 2021

Table 16: Australia’s mining fiscal regime – Mining leases and fees in NSW, 2021

Table 17: Australia’s mining fiscal regime – Assessment leases and fees in NSW, 2021

Table 18: Australia’s mining fiscal regime – Mining license, lease, permit and administration fees in Northern Territory, 2021

Table 19: Australia’s mining fiscal regime – Mineral titles and fees in Queensland, 2021

Table 20: Australia’s mining fiscal regime – Mineral tenements and fees in South Australia, 2021

Table 21: Australia’s mining fiscal regime – Fees for mining license and lease in Tasmania, 2021

Table 22: Australia’s mining fiscal regime – Other mining related fees in Tasmania, 2021

Table 23: Australia’s mining fiscal regime – Mining rents in Tasmania, 2021

Table 24: Australia’s mining fiscal regime – Mining titles and fees in Victoria, 2021

Table 25: Australia’s mining fiscal regime – Mining tenements and fees in Western Australia, 2021

Table 26: Australia’s mining fiscal regime – Royalty rates in New South Wales by commodity, 2021

Table 27: Australia’s mining fiscal regime – CRD factor, 2008–2020

Table 28: Australia’s mining fiscal regime – Price and royalty rate for base and precious metals in Queensland, FY2019–2020

Table 29: Australia’s mining fiscal regime – Discounts on processed minerals, 2021

Table 30: Australia’s mining fiscal regime – South Australia royalty rates (%), 2021

Table 31: Australia’s mining fiscal regime – Royalty rates in Western Australia (%), 2021

Table 32: Australia’s mining fiscal regime – Royalty rates in Western Australia (%), 2021

Figures

Figure 1: Australia gold mining – Share of gold reserves by country, January 2021

Figure 2: Australia gold mining – Major gold deposits in Australia, 2021

Figure 3: Australia gold mining – Historical and forecast gold production (million ounces) vs. number of operating mines, 2005–2025

Figure 4: Australia gold mining – Australian gold production by major company (thousand ounces), 2019–2020

Figure 5: Australia gold mining – Gold prices quarterly (US$/ounces), Q1 2015 – Q2 2021

Figure 6: Australia gold mining – China gold consumption by end Use (thousand ounces), 2010-2025

Figure 7: Australia gold mining – Number of operating, development, and exploration projects by company, 2021

Figure 8: Australia’s mining fiscal regime – Three levels of Australia government

Frequently asked questions

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