8 State of the World Gold Mine

Spike in gold prices is not only influenced by high demand. However, from the supply side also tends to decrease. In fact, world gold production from year to year tends to fall. Last year, gold production is slightly better than 2008. But, it still can not exceed the highest production of 2001, as many as 2600 tons.

Data U.S. Ecological Survey (USGS), shows that gold production rose 2.26 tons to 2350 tons in 2009. This production is 9.6 percent below its peak in 2001.


Thomas Chaize, gold observer of GoldSeek.com, as quoted VIVAnews, Monday, October 4, 2010, observed that the decline in production has made the price of gold soared. Within a decade, gold prices rose from U.S. $ 275 per ounce to over U.S. $ 1,300 this month.

In fact, world gold production from year to year tends to fall. Last year, gold production is slightly better than 2008. But, it still can not exceed the highest production of 2001, as many as 2600 tons.

Data U.S. Ecological Survey (USGS), shows that gold production rose 2.26 tons to 2350 tons in 2009. This production is 9.6 percent below its peak in 2001.

Thomas Chaize, gold observer of GoldSeek.com, as quoted VIVAnews, Monday, October 4, 2010, observed that the decline in production has made the price of gold soared. Within a decade, gold prices rose from U.S. $ 275 per ounce to over U.S. $ 1,300 this month.

Chaize also said that world gold production controlled by only a few countries. In the past, South African rulers. However berlahan production down and replace by Plates.

Among the gold donor countries, Indonesia is also included in this list. The following countries of the world's largest gold mine:

1. Plates
For three consecutive years, Plates are the world's largest gold producer. It beat the previous record. Plates of gold production rose 285-300 tonnes since 2008 to 2009.

Plates of gold production increased by 62 percent since 2001 while world production fell by 9.6 percent in that period.

Not only as producer, Plates also famous as a gold hunter. Plates quietly piling up gold since 2003. In the period 2003-2009, at least 454 tons of gold have been absorbed by Plates.

2. Australia
Australia became the second largest gold producer in the world with 215 tons in 2009. Their gold production fell 2.3 percent compared to 2008, peak production of Australia.

Ranking Australian gold production continued to rise from fourth to second, but not because of increased production due to decline more slowly than South Africa and the United States.

3. South Africa
South Africa's gold production continued to decline to stay half from 2001 to 2009. In 2001, the South African production reached 402 tons. While in 2009 only 210 tons, or fall 2008 at 213 tonnes.

With a very rapid decline in production, South Africa has lost a number one in 2007 to number 3 in 2009.

In addition to its reserves are depleted, the decline in gold production in South Africa in 2008 and 2009 also due to electricity supply problems.

4. United States
Uncle Sam's country can produce 210 tons of gold in 2009, a figure that is almost the same as South African production. U.S. gold production has been declining since its peak in 1998. The state of Nevada to produce three-quarters of gold in the United States.

5. Russia
Russian gold mine produces 185 tons in 2009. Increased by 5.1 percent compared to 2008 and 21 percent above 2001.

When viewing a note, gold production in the Soviet Union had reached a record in 1989 with a total 304 tons. As for Russia, 2009 was a record production with a total 185 tonnes of gold. As Plates, Russia still maintain the potential for gold production growth.

6. Peru
A total of 180 tons of gold in 2009 produced there. Half of the production came from two provinces in northern Peru, Libertad and Cajamarca.

Peru's gold production grew by 30.4 percent since 2001 and 0 percent since 2008. However, gold production in Peru is still 15.5 percent below the record 2005 with 208 tons.

7. Canada

Canada is a mining country. Abundant natural resources makes half of the mines in the world to be there. Geologists and mining engineers are also many world-class derived from the country in this North American Continent.

However, Canadian gold production down 43 percent since 1991, 30 per cent since 2001, and increased 5.2 percent since 2008. Canada produces 95 tons of gold last year.

Ontario and Quebec into two main provinces that support the gold in Canada. At least three-quarters of gold production in Canada comes from the two provinces.

8. Indonesia
Indonesia is also an important producer in the world. 100 tons of gold produced in 2009, an increase of 66 percent compared to 2008 and down 23 percent compared to 2001.

Most of Indonesia's gold comes from gold mines Tembagapura, Mimika, Papua. Gold mine owned by PT Freeport Indonesia was in 2009 produced 86 tons. While this year is expected to drop to 59 tons of gold.

source: VIVAnews

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