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The total mined gold is just an estimate either way. This interesting BBC article has some figures much lower than those above. It also has a higher figure too. But let's go somewhere in the middle of the 2 figures stated above. We get a value for all the gold in the world of around US$14 trillion.
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Its total gold production through 1965 was 31,207,892 ounces. The first documented discovery was made in 1874, during General George A. Ouster's expedition to reconnoiter the Black Hills. ... By 1880 from $6 to $8 million worth of placer gold had been mined, about half of which came from Deadwood Gulch (Lincoln, 1937, p. 11-12).
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Total supply increased by 2% y-o-y in 2022, halting two years of successive declines. Full year mine production of 3,612t was the highest since 2018 as the mining industry remained largely free of COVID interruptions and output in China posted a full year without safety stoppages in Shandong province.
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Total world production of gold is estimated to be about 3.4 billion troy ounces, of which more than two-thirds was mined in the past 50 years. About 45 percent of the world's total gold production has been from the Witwatersrand district in South Africa.
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For those interested, we have also put together a similar slideshow on the topic, showing how much gold, silver, copper, and other metals are mined each year.. Smaller denominations of gold plates: 1 gram, 5 grams, 10 grams, 20 grams, and 1 …
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As seen on Discovery's hit series Gold Rush, Parker Schnabel's gold mining career began at the age of 5 on his Grandpa John's Big Nugget Mine in Haines, Alaska. Last year Parker and his crew mined 7,427 ounces of gold, worth nearly 9 million dollars, giving him an astonishing career total of over $30 million dollars worth of gold at the age of 23.
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South Africa led chromium production, accounting for 44% of the total mined last year. ... In this graphic, we illustrate the evolution of gold prices since 2000 compared to the NYSE Arca Gold BUGS Index (HUI), which consists of the largest and most widely held public gold production companies.
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If you do the calculation, the total value of all gold ever mined (208,900,000,000 grams) will exceed $13.57 trillion. The number seems huge, but if all of the world's gold is meltdown to create a cube, the resulting cube of pure gold would have a length, breadth, and height of only 22 meters.
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Gold's story is a worldwide adventure, with every country contributing to the total mined gold. Since ancient times, gold has symbolized richness and affected economies. Today, nations work harder to mine more, showing our endless search for gold's brilliance.
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