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Gold Road chairman says producers have barely scratched the surface

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Mining industry veteran Tim Netscher is convinced that whatever gold has been found in Australia to date, there is at least as much of it still to be found.

And he thinks the Australian dollar gold price, which was $2118.56 an ounce on Friday, will be supported at high levels for the foreseeable future – in part because of US President Donald Trump.

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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com

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    Original URL: https://www.afr.com/companies/mining/gold-road-chairman-says-producers-have-barely-scratched-the-surface-20190803-p52dmd