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Australia’s gold output hits 285 metric tonnes in 2015

Sydney / Bloomberg Gold output in Australia, the world’s second-biggest producer, reached the highest in 12 years in 2015 as rising prices see miners revive mothballed operations. Full-year production was 285 metric tons last year, almost two tons more than in 2014 and the highest annual total since 2003, mining consultancy Surbiton Associates Ltd. said on Sunday in an e-mailed ...

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Candidates ‘dead wrong’ on gloomy USA outlook: Buffett

NEW YORK / Bloomberg Billionaire investor Warren Buffett, long an optimist about the nation where he made his fortune, rejected the economic pessimism dominating the 2016 U.S. presidential campaign and forcefully made the case for a bright future. “As a result of this negative drumbeat, many Americans now believe that their children will not live as well as they themselves ...

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Caribbean’s fastest economy grows by 6% in 2016 on tourism

Santo Domingo /Bloomberg The Dominican Republic’s economy is likely to expand by about 6 percent this year as construction and tourism continue to buoy one of the fastest-growing countries in the region, President Danilo Medina said in his annual address to Congress. Medina, who’s up for re-election, said the country’s $64 billion economy will again outpace that of Latin America, ...

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