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Gold Mining in Europe
Key figures
Where Gold is found
How gold is mined
Cyanide in Gold Mining
Gold recovery from non-gold mines and scrap recycling
Key figures
It is estimated that only about 145,000 tonnes of gold
has ever been mined in the world (end
of 2001). Amazing if we compare it to the evolution of steel
production for Europe only, where
approximately 158.508 metric tons were produced in 2001, according
to European Confederation
of Iron and Steel Industries. That’s the reason why the
noble metal is considered so scarce. Its
supply is limited by nature itself.
Source: World Metal Statistics December 2005, World Bureau
of Metal Statistics
World mine production was estimated at 2,576 tons for the year
1999, of which only 173 tons
were extracted in Europe. The gold demand then represented about
65% of the total production.
Amongst the main sources of demand the jewellery sector (which
represents about 75% of the
market), industry and investors are the most important.
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