EOSC 118 Lecture Notes - Crystal Habit, Pyrite, Trace Element

• School: UBC
• Department: Earth and Ocean Sciences
• Course: EOSC 118
• Professor: Peter Mahon

Document Summary

South africa currently produces 11% of the world"s newly mined gold (chemical symbol: au) and has long been the world"s largest producer of gold. However, in recent years china has produced slightly more gold per year (12%). Australia, north and south america all produce significant quantities as well, with canada being the 8th largest producer in the world at 4% of the world"s output. Most of the gold in canada originates from hard rock mines in. The total global amount of gold produced on a yearly basis for the last five years averages ~2,500 tonnes. Jewellery production accounts for 83% of the global consumption of gold with the remainder being made up primarily by electronics, currencies and investments. On a company basis, barrick gold of canada is the largest non-chinese producer of gold amongst those that have publicly released their production data. It is responsible for approximately 10% of the market share, generated from 27 active mines on 4 continents.