EOSC 118 Lecture Notes - Lecture 3: Platinum Group, Anglogold Ashanti, Newmont Mining Corporation
Document Summary
By the end of this lesson, learners will be able to: When considering significant people and groups of the gem and precious metal industry the whole spectrum from mine to market should be considered. Diamonds and gold play the largest roles in the industry and consequently the key players of those worlds can be considered the key players of the industry as a whole. We will also discuss the platinum group metals, the second most important non-gem material used in jewellery. On the market end of the spectrum, most consumers will shop at smaller independent jewellery stores or retail chains but are familiar with a few of the more prominent luxury retailers and auction houses. 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%).