Victoria on the cusp of a golden opportunity

By Ethan Benedicto – Australian Mining

A report by the consultancy group Orizontas has revealed the potential for massive economic benefits for Victoria if it reaches the target of a million ounces of gold production in the next decade.

The report, titled Victoria’s Golden Opportunity, and commissioned by the Minerals Council of Australia (MCA), detailed that gold production through new and expanded mines by 2035 would deliver more than 10,000 new jobs across mining and related services.

Ultimately, this would put $1.2 billion in wages “in the pockets of Victorians”.