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  • Most of US gold supplies are stored at:
    http://www.solarnavigator.net/..._bullion.jpg
    • Fort Knox Bullion Depository, 30 miles outside of Louisville Kentucky


    • Under the supervision of the Director of the Mint


    • Supply composed of Gold Bars the size of bricks (7 X 3 5/8 X 1 ¾ inches) and weigh 27.5 pounds or about 400 troy ounces


    • Housed in large vault compartments


  • Early production in US
  • Gold around the world
  • Goldmines in the US
    • Homestake mine in Lead, South Dakota
      http://www.blackhillsattractions.com/.../Homestake.jpg
      • Largest gold mine in US


      • 8,000 feet deep


      • 10% of US gold production since opening in 1876


      • 40 million troy ounces so far!


    • Carlin mine district in Nevada
      • Discovered in 1962


      • low grade disseminated gold deposits


      • 1,500,000 troy ounces of gold produced per year


  • Byproduct Gold
    • Byproduct Gold comes from the mining of other ore materials. Even though gold appears in such small proportion to the other metal, so much ore is mined that gold amounts become substantial


    • Porphyry Deposit at Bingham Canyon, Utah
      • Largest single source of byproduct gold


      • Has produced 18 million troy ounces since 1906


  • World's main gold sources for 1800 onwards
    1. Yukon Territory (1896)


    2. South Dakota


    3. Quebec Area


    4. California (1848/1849)


    5. Colorado


    6. Virginia, Carolinas, Georgia, Alabama


    7. Rand (1886) and Orange Free State


    8. Urals


    9. Altai


    10. Altai


    11. Kolar


    12. Japan


    13. Phillipines


    14. W. Australia (from 1892)


    15. New South Wales and Victoria (1851) Australia


    16. New Zealand

GE 2431 A07.