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Last post: May 13, 2024, 10:23:35 PM
Re: Seriously?!?! by Lokmar

avatar_DKG

Countries with the largest gold reserves

Started by DKG, February 14, 2025, 08:21:46 AM

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DKG


1 United States of America
2 Germany
3 Italy
4 France
5 China
6 Switzerland
7 India
8 Japan
9 Taiwan
10 Poland
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JOE

#1
The largest raw Gold DEPOSITS (not finished product) for the purposes of mining can be found in Australia:

https://www.nsenergybusiness.com/analysis/largest-gold-reserves/?cf-view

Top five countries with the largest gold mine reserves in the world
1. Australia – 10,000 tonnes

Australia is way out in front as the country with the largest gold mine reserves in the world at 10,000 tonnes.

The nation was the second-largest gold producer behind China in 2019, after ramping up its production levels to 330 tonnes from 315 tonnes in 2018.

It is home to some of the biggest gold deposits in the world, with Newcrest's Cadia Valley mine in New South Wales the largest facility of its type in the country.

BHP, the biggest mining firm in the world, is headquartered in Melbourne, while the second-largest company Rio Tinto has a number of mines across Australia.

formosan

Quote from: DKG on February 14, 2025, 08:21:46 AM1 United States of America
2 Germany
3 Italy
4 France
5 China
6 Switzerland
7 India
8 Japan
9 Taiwan
10 Poland
Very interesting Seoul..

I just checked and it appears the USA has two thirds of the world's gold reserves..

China would be higher except for Chiang Kai Shek taking China's gold when the KMT fled to Taiwan in 1949..

Russia has a lot of gold, I assume it's minable, but is not top ten when in deposit holdings.
too old to be a fashionista

Oliver the Second

Quote from: DKG on February 14, 2025, 08:21:46 AM1 United States of America
2 Germany
3 Italy
4 France
5 China
6 Switzerland
7 India
8 Japan
9 Taiwan
10 Poland

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Thiel

Quote from: JOE on February 14, 2025, 08:36:02 AMThe largest raw Gold DEPOSITS (not finished product) for the purposes of mining can be found in Australia:

https://www.nsenergybusiness.com/analysis/largest-gold-reserves/?cf-view

Top five countries with the largest gold mine reserves in the world
1. Australia – 10,000 tonnes

Australia is way out in front as the country with the largest gold mine reserves in the world at 10,000 tonnes.

The nation was the second-largest gold producer behind China in 2019, after ramping up its production levels to 330 tonnes from 315 tonnes in 2018.

It is home to some of the biggest gold deposits in the world, with Newcrest's Cadia Valley mine in New South Wales the largest facility of its type in the country.

BHP, the biggest mining firm in the world, is headquartered in Melbourne, while the second-largest company Rio Tinto has a number of mines across Australia.
Jo Jo Sweetie remember I explained to you after we had sex last night that gold deposits, proven or not don't mean much.

Those deposits will never be mined. That would devalue the commodity.
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