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It is said, approximately 155,500 tonnes have been mined throughout history.
One cubic metre (1 m³) approx' 19.32 tonnes.
Based upon the approximate figure for total Gold mined we have 8,047.7 m³ or a cube with length of side 20.04 Metres or 65' 9"
Largest increase in production .... Indonesia mined 2 tonnes in 1992 .... 167 tonnes in 2005
From 0.104 m³ to 8.644 m³ in 13 years... 40.55% increase compound p/a.
2 tonnes = 64,301 troy ozs........... US$ 45,010,700
167 tonnes = 5,369,171 troy ozs... US$ 3,758,419,700
A fair old pile of dosh at a spot price of US$700 / oz.
World wide production is currently approx 2,500 tonnes p/a
A value of US$ 56.3 billion.
30 million working in Britain ... so the total mined Gold value is about £21.23 per person per week or about 10 pints .... I bet GBrown unlimited is making more than that !!
Sad or wot !
One cubic metre (1 m³) approx' 19.32 tonnes.
Based upon the approximate figure for total Gold mined we have 8,047.7 m³ or a cube with length of side 20.04 Metres or 65' 9"
Largest increase in production .... Indonesia mined 2 tonnes in 1992 .... 167 tonnes in 2005
From 0.104 m³ to 8.644 m³ in 13 years... 40.55% increase compound p/a.
2 tonnes = 64,301 troy ozs........... US$ 45,010,700
167 tonnes = 5,369,171 troy ozs... US$ 3,758,419,700
A fair old pile of dosh at a spot price of US$700 / oz.
World wide production is currently approx 2,500 tonnes p/a
A value of US$ 56.3 billion.
30 million working in Britain ... so the total mined Gold value is about £21.23 per person per week or about 10 pints .... I bet GBrown unlimited is making more than that !!
Sad or wot !