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IPFS News Link • Gold and Silver

Visualizing 200 Years Of Gold Production, By Country

• https://www.zerohedge.com by Tyler Durden

With modern mining techniques making large-scale production possible, global gold production has grown exponentially since the 1800s.

Visual Capitalist's Govind Bhutada and Miranda Smith created the infographic below, using data from Our World in Data, to visualize global gold production by country from 1820 to 2022, showing how gold mining has evolved to become increasingly global over time.

A Brief History of Gold Mining

The best-known gold rush in modern history occurred in California in 1848, when James Marshall discovered gold in the Sacramento Valley. As word spread, thousands of migrants flocked to California in search of gold, and by 1855, miners had extracted around $2 billion worth of gold.

The United States, Australia, and Russia were (interchangeably) the three largest gold producers until the 1890s. Then, South Africa took the helm thanks to the massive discovery in the Witwatersrand Basin, now regarded today as one of the world's greatest ever goldfields.

South Africa's annual gold production peaked in 1970 at 1,002 tonnes—by far the largest amount of gold produced by any country in a year.


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