AUSTRALIA COULD BECOME the world's second largest gold producing country in the coming year thanks to the number of operations - large and small - which are expected to come on stream by the end of 2009. This observation came on top of the good news that the domestic yellow metal sector enjoyed a collective rise in output during the June quarter of two tonnes (or 4 percent ) to 57t (or 1.8 million ounces) when compared to the March reporting period. Furthermore, this was a 4 percent increase over the corresponding June quarter of 2008. In its latest overview of the domestic gold mining business, Melbourne-based industry consultants Surbiton Associates Pty Ltd said the ramp up of some new operations contributed to the overall amount of ore treated between April-June.
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