Australia Poised to Take Top Gold Producer Title from South Africa

Australia is poised to become the world’s biggest gold producer, according to West Australian resources minister John Bowler. Australia’s gold production continues to climb, while South Africa’s continues to slump. And new big gold mines are coming online in Australia (Boddington and Telfer). There’s a lot of good reasons not to invest in South African gold companies, and lot of good reasons to head Down Under for value stocks.

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