The combination of a low Australian dollar and rising gold prices has pushed the Australian Gold Prices above AUD 2000 this morning. The rising gold price is a welcome boost to the Australian gold sector, which has helped lift leading Australian gold miners to record share values. Market leaders, including Northern Star and Evolution have seen intraday gains of over 7%.
In 2019, Mining Employment Services has seen a surge in labour needs in the gold sector in both gold exploration and gold production-based roles. The most significant job increases have been in Western Australia, where demand is outstripping supply.