Page 11 - Noble Gold Investment Guide 2018
P. 11
Noble Gold Investments Noble Gold Investments
Gold Production GOLD SUPPLY & THE 6 LARGEST RESERVES
If you could wrangle all the gold that’s ever been mined -- an estimated 135,000 metric tons --
and melt it into one cube, it would measure roughly 20 by 20 meters. So gold is scarce, its supply
For many years until 2006, South Africa was the world’s
limited, with thousands of pounds of ore required to produce just one precious ounce. New
dominant gold producer, but recently, other countries with
production of the precious metal generally adds less than 2% a year to the world’s supply. gold.
large surface area have surpassed South Africa, including
China, Russia, the United States, Peru and Australia,
although none have approached South Africa’s peak
production which occurred in the 1970s.
? USA ? Germany
PRODUCTION BY COUNTRY (METRIC TONS)
490 - China 120 - Mexico 8133 3381
300 - Australia 103 - Uzbekistan
242- Russia 85 - Ghana Metric Tons of Gold Metric Tons of Gold
200 - United States 80 - Brazil
150 - Canada 75 - Indonesia Gold is 74.9% of total reserves Gold is 68.9% of total reserves
150 - Peru 50 - Papua New Guinea
10 140 - South Africa 855 - Rest of the World 11
? Italy ? France
2451 2435
? Russia Metric Tons of Gold Metric Tons of Gold
Gold is 68.0% of total reserves Gold is 62.9% of total reserves
? Canada
? Uzbekistan
? USA
? China
? Mexico ? China ? Russia
? Ghana
? Indonesia
Peru ? Papua New 1797 1460
?
? Brazil
? South Africa
? Australia
Metric Tons of Gold Metric Tons of Gold
Gold is 2.2% of total reserves Gold is 15.0% of total reserves