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Kittilä mine is the biggest gold mine in Europe. Finland has the largest concentration and producer of gold in the European Union. [1] [2] The European mining industry has a long tradition. Although the continent's mining earns for a small share of GDP, it provides a large and significant share of the world-wide production. [3]
A miner underground at Pumsaint gold mine, Wales; c. 1938 Landscape of Las Médulas, Spain, the result of hydraulic mining on a vast scale by the Ancient Romans. The exact date that humans first began to mine gold is unknown, but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria.
European Goldfields Ltd. was an EU-focused, Whitehorse based Canadian precious metals company engaged in gold, silver and copper exploration, development and production.The mining rights it owned to land in Greece, Romania and Turkey gave it access to over 10 million ounces of 2P gold reserves in addition to over 80 million ounces of silver.
The Boliden mine was once Europe's largest and richest gold mine, but since 1967 that mine is no longer active. Nevertheless, Boliden AB remains a major producer of gold in Sweden, because their polymetallic mines can produce as much as 2,000 kilograms per year. [35] Some gold is commonly recovered from copper mines in Sweden and Finland. [36]
The firm was formed in 1998 with the amalgamation of the gold assets of Gold Fields of South Africa Limited and Gencor Limited. The company traces its roots back to 1887, when Cecil Rhodes founded Gold Fields of South Africa Limited. As of 2019, Gold Fields was the world's eighth-largest producer of gold. [4]
The following are lists of gold mines and are subsidiary to the list of mines article and lists working, defunct and planned mines that have substantial gold output, organized by country. North America
1896 map of the Transvaal Gold Fields. The Transvaal gold fields resulted from gold discoveries during the 19th century in the South African Republic. After insignificant discoveries from 1840 up to 1870, payable or substantial gold deposits were found at: Leydsdorp in 1870 and 1883; Geelhoutboom farm, or Mac-Mac diggings, in 1873; Pilgrim's ...
The main cause for the bullion famine was outflow of silver to the East unequaled by European mining output. [1] [2] The historian John Day supports this theory, stating the loss of gold and silver was due to large-scale trading with the Levant, which provided Europe spices, silks, rare dyestuffs, pearls, and precious gems. [3]