The Gold Industry Group will launch its Heart of Gold Discovery Trail at a free event in Elizabeth Quay this Saturday.
The virtual trail is the first self-guided tour of its kind giving members of the community and visitors to the State an interactive ‘gold’ experience via the Heart of Gold Australia app.
Western Australia’s gold history is both colourful and fascinating. Following the challenges of the First World War, the 1930s brought revitalisation to the gold industry with a rise in the gold price and an increase in foreign investment. However, it was the discovery of a gold nugget in 1931 that created a national sensation and saw many prospectors return to WA.
The Gold Industry Group’s role is vital to educating and engaging with the wider community on the historic, social and economic importance of the gold industry to Western Australia.
“By leading community and industry initiatives we can create change that will positively influence future generations and ensure the industry stays strong,” said Richard Hayes, Gold Industry Group Chairperson.
In 1892, Coolgardie grew into a booming town after prospectors Arthur Bayley and William Ford discovered a rich find of gold nuggets at Fly Flat. Prospectors, gold diggers, mining companies and speculators then followed the gold rush during the roaring nineties in Western Australia.
The #heartofgold Discovery Trail will be launched in Perth on Saturday 7 October, which is part of a long-term community engagement program aimed at educating and engaging the wider community on the rich history and importance of Australia's gold industry, with a strong focus on educating at a grass roots level.
This year's Diggers & Dealers was the most optimistic in years with more than 2100 delegates descending on Kalgoorlie for mining's biggest annual event.
Although a light was shining on gold and exploration budgets have grown, it was clear that more investment in exploration is needed to ensure the future of the sector.
The Gold Industry Group is thrilled to partner with the WA School of Mines Alumni to support diversity within the school and the wider industry.
Last night WA School of Mines Alumni President Bill Beament announced the recipient of the Gold Industry Group's Diversity Scholarship, Sarah Arnoldi, at their event with Women in Mining WA at Diggers and Dealers in Kalgoorlie.
The Gold Industry Group announced the launch of its Heart of Gold Discovery Trail, which will take place at Elizabeth Quay on Saturday 7 October, at its Digital Mine breakfast at Diggers & Dealers today.
The Heart of Gold Discovery Trail will be the first virtual trail of its kind to give the community an interactive ‘gold’ experience via the free Heart of Gold app.
The Perth Mint has created a strong new market for Australian gold producers with Chinese investors now buying more than 230 tonnes of Australian gold bullion, worth $11 billion, on the Shanghai Gold Exchange every year.
Last week the Gold Industry Group held workshops in Perth and Kalgoorlie with new community partner LIVIN, to demystify the stigma attached to mental illness and provide the basic tools to help yourself and others.
LIVIN founders Sam Webb and Casey Lyons delivered six educational workshops with members and a community event.
The WA Mining Club are offering seven $10,000 scholarships to WA university students studying a degree in a mining discipline.
Students studying engineering, geology, metallurgy, environmental science, biology and similar technical disciplines are eligible to enter. Students are welcome to apply for more than one scholarship.
Given the incredible rally in the price of Bitcoin (BTC), and other crypto-currencies like Etherium this year, there has been no shortage of interest in this space, with precious metal investors asking whether or not BTC is basically a digital version of gold and silver or not.
The Premier of Western Australia, the Honourable Mark McGowan MLA, unveiled a $1.8 million one-of-a-kind coin collection crafted by The Perth Mint this week.
The Australian Trilogy celebrates a selection of the nation’s natural treasures and is the Mint’s most significant numismatic release for 2017.
The Gold Industry Group has released results from a study conducted by Deloitte Access Economics into the gold industry, revealing its significant contribution to Australia’s history, economic development and social advancement.
“From the 1850s, the demand for gold has helped grow, sustain and define Australia,” said Deloitte Access Economics Partner Matt Judkins.
The 2017 Ramelius Resources Passages Race Day raised more than $87 000 for the Passages Resource Centres, which help young people to get off the streets and adopt safer, healthier lifestyles.
Ramelius Resources were proud to be the major sponsor of the event for the third year, to support marginalised or homeless youth.
The Gold Industry Group recently hosted an event with Deloitte to welcome their senior mining leaders from around the globe, from 12 cities in eight countries, to Perth as part of their global mining summit.
Around 100 Gold Industry Group members, Deloitte mining leaders and clients attended the networking event at The Perth Mint to discuss the future of mining, both here and globally.
On the last Saturday in April, the children from GIFSA’s Saturday Morning Club visited Norton Gold Fields' Janet Ivy Mine located on the outskirts of Kalgoorlie-Boulder, Western Australia.
The Gold Industry Group (GIG) is pleased to announce a new community partnership with mental health charity LIVIN, aimed at raising awareness of mental health and changing the way the mining industry and society understands, perceives and interprets mental illness.
We are coordinating a GIG LIVIN Tour with members and the Goldfields community next month, from 12-19 June.
When we talk about the correlation in prices for assets traded in financial markets we are referring to how closely those prices mimic each other.
Highly correlated assets tend to move in the same direction most of the time. A good example is the shares in our four major banks, which tend to move in unison most days, unless there is some news (either good or bad) that only affects one of the companies.
Gold Fields' Nick Holland recently took the stage at the Sydney Mining Club to give an insight into the gold miner’s growth profile and significant investments in Australia.
Being a traditional banking and finance hub, Sydney offers a fertile field of institutional investment firms open to one-on-one meetings with reputable executives spruiking quality projects while they are in town.