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New Member_Are there any Aust Owned Gold Mines Producing?
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<blockquote data-quote="user 4386" data-source="post: 642010" data-attributes="member: 4386"><p>It depends a bit what you mean by "Australian- owned". Shares traded on an Australian stock exchange are by definition at least partly Australian-owned (you can buy a piece any day). But majority-owned would require you to go to the website of each on this list.</p><p></p><p>[URL unfurl="true"]https://miningfeeds.com/gold-mining-report-australia/[/URL]</p><p></p><p>Few would be 100% Australian-owned because Australia has insufficient capital to finance large new companies. I always scratch my head when people talk of getting rid of foreign ownership, since except for land we have little that is not at least partly Australian owned (and of course Australian companies own some companies in other countries). </p><p></p><p>All 4 of our major banks are more than 50% (3 more than 60%) American-ownded. So if you have a mortgage, your house is partly foreign-owned.</p><p></p><p>It is a tricky definition, foreign ownership - it is usually used for companies more than 50% foreign owned,</p><p></p><p>[ATTACH=full]1169[/ATTACH]</p></blockquote><p></p>
[QUOTE="user 4386, post: 642010, member: 4386"] It depends a bit what you mean by "Australian- owned". Shares traded on an Australian stock exchange are by definition at least partly Australian-owned (you can buy a piece any day). But majority-owned would require you to go to the website of each on this list. [URL unfurl="true"]https://miningfeeds.com/gold-mining-report-australia/[/URL] Few would be 100% Australian-owned because Australia has insufficient capital to finance large new companies. I always scratch my head when people talk of getting rid of foreign ownership, since except for land we have little that is not at least partly Australian owned (and of course Australian companies own some companies in other countries). All 4 of our major banks are more than 50% (3 more than 60%) American-ownded. So if you have a mortgage, your house is partly foreign-owned. It is a tricky definition, foreign ownership - it is usually used for companies more than 50% foreign owned, [ATTACH type="full"]1169[/ATTACH] [/QUOTE]
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