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Salient Gold Statistics

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TABLE 1
SALIENT GOLD STATISTICS1
 
    2002   2003   2004   2005   2006
United States:  
Production:  
Mine:  
Quantity kilograms   298,000 r 277,000   258,000   256,000   252,000
Value thousands   $2,980,000   $3,250,000   $3,400,000   $3,670,000   $4,910,000
Gold recovered by cyanidation:  
Extracted in vats, tanks, closed containers2 kilograms   124,000 r 89,000   9,940   W   W
Leached in open heaps or dumps3 do.   153,000 r 174,000   234,000   229,000 r 231,000
Refinery:  
Concentrates and dore do.   196,000   194,000   222,000   195,000 r 181,000
Recycled materials (new and old scrap) do.   78,100   89,100   91,700   81,300 r 89,100
Exports, refined do.   185,000   220,000   114,000   182,000   228,000
Imports for consumption, refined do.   172,000   152,000   139,000   105,000   136,000
Net deliveries from foreign stocks in Federal Reserve Bank of
New York do.   40,000   55,000   3,000   --   --
Stocks, December 31:    
Industry4 do.   3,490   3,590   1,080   2,040   2,000
Gold exchange traded funds holdings, United States only metric tons   --   --   95   285   497
Commodity Exchange (COMEX)5 kilograms   63,900   97,100   180,000   211,000   234,000
U.S. Department of the Treasury metric tons   8,140   8,140   8,140   8,140   8,140
U.S. Gold Futures Trading6 do.   28,000   38,000   46,500   49,400   49,500
Consumption:                      
American Eagle gold coin7 kilograms   9,190 r 15,500 r 15,800 r 13,800 r 9,770
In industry and the arts do.   163,000   183,000   185,000   183,000   185,000
Price, average8 dollars per troy ounce   311.33   364.80   410.52   446.20   605.83
Employment, mine and mill only9     7,600   7,300   7,550   7,910   8,350
World:  
Production, mine kilograms   2,530,000 r 2,560,000   2,440,000   2,470,000   2,460,000
Official bullion reserves10 metric tons   32,200   31,800   31,400   30,800   30,400
rRevised.W Withheld to avoid disclosing company proprietary data. -- Zero.
1Data are rounded to no more than three significant digits, except prices.
2May include small quantities recovered by gravity methods.
3May include tailings, waste-ore dumps, and previously mined ore at some inactive mines.
4Unfabricated refined gold held by refiners, fabricators, dealers, and the U.S. Department of Defense.
5Commodity Exchange (COMEX) Division of the New York Mercantile Exchange.
6COMEX only.
7U.S. Eagle Gold coin minted. Data from U.S. Mint.
8Engelhard Corp. industries quotation.
9Data from the Mine Safety and Health Administration.
10Held by central banks, governments, and international monetary organizations.Data from the International Monetary Fund.

Source: United States Geological Survey Mineral Resources Program


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