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Visualizing the Cost Of Mining Gold


Gaius

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There are over 3 billion ounces of gold in the world's deposits. The Top 50 of these mines alone contain over one-third of the total gold. North America is the 'cheapest' place to produce gold and Africa the most expensive. Gold producer profits are getting squeezed from both directions: lower gold prices and rapidly inflating costs... To in large click on picture.

what-is-cost-of-mining-gold.jpg

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We already seen that before but what i find interesting is the amount of gold that hasn't been found yet. The earth is so small comparing it to the planets, but so large when your looking for gold. hmmmmmm....Did that make any sense???

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