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Sunday, August 1, 2010

Where is Gold Found

Where is Gold Found

We all know the monetary value of gold in today's time, however not many of us must be knowing 'where is gold found'? If you don't know the exact answer to this question, then this article acquaints you with places in the world where gold is found in abundance. Read on...
Gold, one of the most precious metals has been hailed as a symbol of prosperity since thousands of years. Gold coins have been used since a long time in monetary exchanges in many civilizations. It has been used as jewelry and in metal arts since time immemorial. Gold is found in rocks and mines and it takes a long process to recover pure gold from the rocks and grains embedded in the deep valleys and mines. Let's know 'where is gold found naturally'.

Where is Gold Found in the World?
When it comes to the big question, 'where is gold found on Earth', we can't forget to mention the name of Mecca of gold production and mining, i.e. South Africa. Since 1886, South Africa has been leading the gold production race by an unimaginable margin. During the peak production of 1970s, South Africa contributed nearly 80% of the world gold supplies! For decades, South Africa has been the number one in terms of total gold production after North America and Australia, however, it has diminished its production owing to the discovery of mines and reserves in US and Australia. In Australia, the third biggest gold producing country, gold is majorly produced in New South Wales, Goldfields-Esperance and Western Australia. The Super-Pit gold mine in Kalgoorie, a 8 km area with gold mines is one of the most spectacular sights to watch, and it produces 850,000 ounces of gold every year, that is more than any other gold mine production of the country. Read more on gold mining.

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