Tour of Phoenix Gold Ltd.'s Castle Hill Operations

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An excavator operates on the floor of the mine pit at the Phoenix... News PhotoAsia,Australia,Australian Culture,Delivering,Earth Mover,Finance,Gold,Gold Mine,Horizontal,Kalgoorlie,Man Made Object,Metal,Mine,Miner,Mining,Oceania,Precious Gem,Western Australia,WorkingPhotographer Collection: Bloomberg 2013 BloombergAn excavator operates on the floor of the mine pit at the Phoenix Gold Ltd. Castle Hill gold project in Kunanalling, northwest of Kalgoorlie, Australia, on Tuesday, Aug. 6, 2013. Gold prices will rebound as output remains little changed or declines this year with producers cutting spending and shuttering some costly operations, the World Gold Council said. Photographer: Carla Gottgens/Bloomberg via Getty Images