How much gold is mined in a year? Each year, approximately 2500 tons of gold were mined throughout the world. South Africa leads the world in gold mining, and the, Russia, Canada, and Australia are also major producers.
Gold Facts and Statistics
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How much gold is mined in a year? Each year, approximately 2500 tons of gold were mined throughout the world. South Africa leads the world in gold mining, and the, Russia, Canada, and Australia are also major producers.
Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an orebody, lode, vein, seam, reef or placer deposits form a mineralized package that is of economic interest to the miner.
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A recent spot price for gold was using that number, all of the gold produced in a year is worth 12,805,000,000. That's a lot of money, but not an unimaginable amount. For example, that's about how much the Pentagon spent launching the GPS satellite system.
Original mining was from pegmatite bodies but current mining is from alaskite,a very coarsegrained, lightcolored, feldsparquartzmuscovite rock. Composition of the rocks averages about 40 percent plagioclase (sodaspar), 25 percent quartz, 20 percent microcline (potashspar), and 15 percent muscovite.
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There is also the 310 gallons of fresh, clean water that will be used per minute to manufacture the aggregate. That adds up to 86,000 gallons per day, or roughly 2,028,233,000 gallons over the course of the mines 75year lifetime.
GRANITE COUNTERTOPS PROS CONS Granite Pros. Each slab of granite is totally unique. Why? Granite is mined as single, large slabs that are natural stone and no two sheets are alike.