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Wednesday, September 8, 2010

Global, Tier 1 Mining Companies

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March 14, 2010 by goldguru · Leave a Comment 

David Hunkar submits:

In this post, let me list some of the Tier 1 gold miners and a few copper miners. But before we get into the list, here are some interesting facts about gold:

  • US Gold Reserves totaled 8,133.5 tons in September 2008, accounting for 76.5% of its forex reserves.
  • Japan holds 765.2 tons of gold which accounts for 1.9% of its forex reserves.
  • China’s gold reserves amounted to 1,054 tons in 2009 which was a 76% increase in six years and accounts for 1.9% of its forex reserves.
  • China surpassed South Africa as the world’s largest gold producer in 2007.
  • China beat India as the world’s largest gold consumer in 2009.

From the World Gold Council:

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