Thursday, July 17, 2008

- Opal Production Down

Cunnamulla, QLD Australia

The word on the street here is that in general opal production is down throughout all of Australia. Yes, this is a business filled with rumors, however the significant drop in production seems to be a fact. The production of boulder opal in Queensland is way down. The drop is due to a few factors including : people who are digging are not finding much opal and because of increased fuel costs fewer people are digging (today I paid over US$7 / gallon for diesel). Koroit is unusually quiet this season with few miners working. Luckily, I have been having a good season and finding opal.

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