Soaring iron ore and gold prices boost WA's economic outlook

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iron ore and gold — The Hope Downs 1 mine in Western Australia Source: AAP Image/Christian Sprogoe Photography

For the first time, the gold price reaches over $2,000 an ounce last week. Western Australia is the largest producer of gold in the country about 70 percent of the its total production.

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Published 4 July 2019 11:16am

Updated 4 July 2019 11:21am

By Cielo Franklin

Presented by Louie Tolentino

Source: SBS

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For the first time, the gold price reaches over $2,000 an ounce last week. Western Australia is the largest producer of gold in the country about 70 percent of the its total production.

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