Australia has not escaped the threat of increased tariffs on its exports to the U.S. but its gold mining industry is revelling in commodity market uncertainty.

Australian gold miner Newcrest Mining Ltd said on Monday it would back Newmont Corp's A$26.2 billion ($17.8 billion) takeover offer in one of the world's largest buyouts so far this year.

According to Melbourne-based gold mining consultants Surbiton Associates, Australian gold mine production totalled 75 t in the June 2024 quarter, a rise of 5 t, or 7%, on the previous quarter ...

Evolution Mining has informed that it has been targeted by a ransomware attack on August 8, 2024, which impacted its IT systems.