Australia Cuts Commodity Export Outlook Despite Gold Price Gain

Iron ore, coal, LNG down, gold up in new Albanese government mining ...

Gold to overtake coal among top Australian exports, report shows

SYDNEY -- Gold is set to surpass metallurgical coal as Australia's third-most valuable export as investors seek safe assets, spurred by U.S.-led trade

Gold to become Australia’s third-biggest export by value in the next year

Export earnings from the precious metal are expected to hit $56 billion in the next year, according to the Department of Industry, Science and Resources.

Australia Cuts Commodity Export Outlook Despite Gold Price Gain

Australia cut its forecast earnings from commodity exports, as a meteoric rise in gold prices fails to offset weakness in iron ore and natural gas.

Gold, tech and battery metals power mining’s next chapter - Australian Resources & Investment

Image: Phawat/shutterstock.comPwC’s Mine 2025 report shows the mining sector entering a new growth phase, fuelled by record gold prices, rising demand for energy transition minerals, and the digital transformation. Despite macroeconomic turbulence, the world’s top 40 miners generated $US689 billion in revenue in 2024, with net profits steady at $US92 billion. The record gold price for the year meant that gold revenues increased by 15 per cent an…

Australian resource and energy earnings slide

Australia’s commodity earnings are expected to fall from $385 billion in 2024–25 to $352 billion by 2026–27 despite a slight rise in volumes. The fall in earnings reflects the impacts of rising trade barriers, relatively weak world economic growth and declining bulk commodity prices, according to the June 2025 Resources and Energy Quarterly (REQ) report. A surge […] Thank-you for your interest in iQ Industry Queensland. We invite you to…