SOUTH AUSTRALIAN CHAMBER OF MINES & ENERGY
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Gold

What is Gold?
A soft metal with a characteristic yellow colour, gold is indestructible, malleable, and extremely portable. It doesn’t corrode and repels radiation, heat, moisture, and most solvents, making it incredibly useful for a wide range of uses.

​Gold owes its status as a precious metal due to its rarity. It is estimated that just over 200,000 tons of gold have been mined over the course of history, the bulk of which has been in the last 70 years, according to the World Gold Council. That is the equivalent to filling just four Olympic-sized swimming pool    
It was once worshipped as the essence of the sun. Now its durability is protecting our spacecraft. Gold doesn’t corrode. It repels radiation. And it is extraordinarily pliable – capable of being pressed into incredibly thin sheets. Such ultra-thin linings are what give combat jet cockpits and astronaut visors a golden sheen: it protects both from heat. Copper and silver are better conductors. But gold outlasts both. It’s this endurance that puts it in solid-state computer memory and flash drives. ​

​How is it used?

Gold is used for everything from coins, art, decorative ornaments and jewellery to advanced medicine, smart phones, computers, and spacecraft. Its low reactivity makes it safe for use in the human body for things like pacemakers and stents.

Gold nanoparticle technology is used to treat cancer patients through chemotherapy and radiotherapy and is even found in diagnostic tests for pregnancy as well as for viruses such as malaria and HIV / AIDS. 
Picture

Picture
Flinders University physical chemist Dr. Ingo Koeper
Gold is proving to have invaluable properties in the fight against one of the world's biggest killers.

Uni SA researchers say gold is becoming a significant force in the evolving world of nanotechnology. "Gold has a very interesting chemistry that makes it very easy to design nanomedicines and nanoparticles to manipulate their surface chemistry, enabling targeting of cancer cells." Read more here

​Did you know?
Australia is the second biggest gold producer in the world, producing 321 tonnes of gold in 2020-21. 
​
Where is Gold mined in South Australia?
Gold mineralisation is widespread and found in most geological provinces across South Australia as primary and / or secondary deposits. It is currently mined at at BHP’s Olympic Dam, Prominent Hill and Carrapateena mines (within copper concentrate). Rex Minerals is also developing its Hillside Project on the Yorke Peninsula which is an Iron Oxide Copper Gold deposit and Indiana Resources is advancing its portfolio of exploration tenements in the highly prospective Central Gawler Craton Gold Province. 
Justine McCabe of Gerard McCabe Jewellers examining a gold necklace
Gold bracelets adorn generations, being passed down from generation to generation
Gold is used in medicine including for pacemakers


CONTACT THE SOUTH AUSTRALIAN CHAMBER OF MINES & ENERGY
​e: 
[email protected]  |  t: +61 (0)8 8202 9999
​
​3rd Floor, 115 King William Street, Adelaide South Australia 5000
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  • Home
  • ABOUT US
    • SACOME
    • Council
    • Committees >
      • Mining & Extractives Committee
      • Exploration Committee
      • Petroleum Committee
      • Energy Committee
      • Infrastructure Committee
      • Legislation & Regulation Committee
      • Economics & Tax Committee
      • External Affairs Committee
    • Governance
    • Membership
    • State Economic Contribution
    • Annual Sponsorship
  • NEWS & EVENTS
    • Media Releases
    • Events
    • SACOME Opinion
  • EDUCATION
    • STEM Digital Technology Program
    • Unearth Your Future
    • Student and Career Information
    • Playford Trust Scholarships
  • OUR POLICIES
    • 2025 Policy Priorities >
      • State Economic Development
      • Energy & Innovation
      • Infrastructure
      • Legislation & Regulation
      • Education & Promotion
    • Energy Policy
    • Climate Change
    • Nuclear Energy
    • Land Access Guides
  • PUBLICATIONS
    • 2030 Vision
    • Resourceful SA 2024/25 >
      • Copper
      • Silver
      • Gold
      • Iron Ore
      • Uranium
      • Kaolin
      • Mineral Sands
      • Graphite
      • Gypsum
      • Lead
      • Limestone
      • Zinc
      • Oil & Gas
      • Hydrogen
    • RESOURCEFUL SA 2020
    • Annual Reports
    • Blueprint for Mental Health
  • SUBMISSIONS
  • CONTACT