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In 1970, South Africa produced 995 tonnes or 32 million ounces of gold, two-thirds of the world's production of 47.5 million ounces. [2] Production figures are for primary mine production. In the US, for example, for the year 2011, secondary sources (new and old scrap) exceeded primary production. [3]
Chesterfield Larder Lake Gold Mining Company 1939-1950 Copperfields Mine: Temagami: 1954-1972 Secondary products included cobalt, gold, nickel, palladium, platinum and silver. David Bell Mine: Hemlo: closed 2013
The first major gold mine in Canada was opened in 1867 by Marcus Hubert Powell and it was named the Richardson Mine, located in Ontario. It was closed in 1869 after two years and only 100 ounces of gold could be extracted. Canada is now the 4th largest producer of gold in the world. [2]
The new mine opened in 2013 and produced between 500,000 and 600,000 ounces each year through 2019 when it was acquired by Kirkland Lake Gold. [7] Several worker safety incidents occurred at the mine. In June 2015, a 52-year-old worker was killed from cyanide poisoning via skin absorption while repairing a leak.
The largest gold heist in Canadian history was carried out with remarkable ease: A fraudulent shipping document for a load of farm-raised Scottish salmon was used to brazenly snatch $14.5 million ...
As of 2020, the world's largest gold producer was China with 368.3 tonnes of gold mined in that year. The second-largest producer of gold was Russia where 331.1 tonnes was mined in the same year, followed by Australia with 327.8 tonnes. [37] In 2023, the annual gold demand of 4,448 tonnes was 5% below that of 2022.
World's gold from 1845 to 2013, in tonnes (metric tons in the U.S.) World's gold holdings per capita, in grams Gold holdings are the quantities of gold held by individuals, private corporations, or public entities as a store of value, an investment vehicle, or perceived as protection against hyperinflation and against financial and/or political upheavals.
Musselwhite is a fly-in fly-out operation using the Opapimiskan Lake Airport.The rotations for production and maintenance crews are generally 12-hour days 14-in 14-out. Due to the mine being a year-round operation these rotations entitle 168 working hours every 28 days, comparable to a standard 40-hour work w