High gold price prompts miners' switch to lower grades

By Brian Robins
Updated May 30 2016 - 12:13am, first published May 29 2016 - 2:40pm
Gold has been pushed back onto the radar of investors, helped by the recent recovery in the gold price.
Gold has been pushed back onto the radar of investors, helped by the recent recovery in the gold price.

With the price of gold continuing to hold at near record levels, Australia's gold miners have switched to mining lower grades while also hedging their exposure to ensure ongoing access to the high price.

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