Australian Gold Production Increases 13% In Fourth Quarter Of 2009

Gold production in Australia is increasing at a faster rate, according to this brief article in TopNews:

According to the latest report by the Mining consultants Surbiton Associates, the output of total gold in Australia grew by 13% in the quarter ending December comparing to the previous quarter. Also the demand of gold was reported increased in the quarter reflecting the increase in gold prices.

For the full year, production increased by 3% as compared with 2008. If the peak-gold'ers are right, then these production increases will be followed by big drops some time later.