Current Major Projects | business.gov.au - Working capital in mining and metals | EY Australia
By cms admin. Australian Mines has raised capital for definition and extension drilling of the Mt Martin gold mine, 40km from Kalgoorlie in Western Australia. The gold mine, which has historically generated about 200,000oz of gold, currently contains a total of 213,000oz of gold resources at the Mt Martin deposit and the adjacent Swift deposit.Overview. Mining has long been a cornerstone of the Australian economy. The gold rushes in 1850s were pivotal in the early development of the country. Today, it remains one of the country's most well-established sectors. It is a major contributor to Australia's economy, accounting for around 10% of total GDP in 2020.