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Show WORLD'S GOLD PRODUCTION f IN 1916 WAS $470,442,068 Comprehensive Data Compiled by the Engineering Engineer-ing and Mining Journal; Figures for Twenty Years Also Set Out. For ri.vons that ill be reartllv un 'Wstoo'l. it was not pos.sibl to Klve any ;i rI-ro. i ri :a t 1 v rorre'-t ('sliriiatf. of ihn xol production for 101 enrhftr in the year, :;ays Hi--- ':iiL.'in.-er:n! and Miniiif,' .lournal. A L the yirt-sfnl llmo many full return re-turn liavft htt-n re.'ei'.-fi and a fair approach to rorrertness can be aonured. 'rh-!'!1 aia-, of ioure. .some olii-proiiucin. '-ountries where no af-rurate returns of pi'odia-tion art: fnlb-.-led. Tins is the (use in j;eieral outh American countnefl, 'in ('hina and in Mexico. Making these allowances, wo find that something over i HO per cent of the world's Kold production is covered by fairly accurate statistics, sta-tistics, while of the rctna inder a considerable proportion can be checked up pi t cl.,selv by export and other trade returns. The total output of Told. t h.-r.-i'orc, ca n he as. -en a ; ned witiiin tairly close limits, even if absolute ac- jcutacy i annot he secured. ! Values in Dollars. I The accotnpa tiyinj? table gives the value of the gold won in the world for the I three yeatrf. lH-ll. inclusive. The figures give the value in dollars of the fine Kold reported in each iase. The total production of 1!1G. as given In the table, was $47P.442,1;S. This was less than thai of !!tl hy JS.llO.l.Vi. or 1.7 per cent: but it exceeded that of l:i!4 bv 5lit.:m,rt1. or L'.'J pier cent. The most important gain shown in 1916, .18 compared with l:15. was of about S6,utiiyu0 in 'be. Transvaal, nut this was offset off-set by decreases of JS.TJO.OOO in the I'nlted States and $t", 10. 00-1 in Australasia. The Transvaal wain was due to Intensive working of mines and a larger supply of labor. The loss in Australasia, on the other hand, resulted from scarcity of I labor, from the diversion of capital to other fields and from the absence of pros-Ipeethig. pros-Ipeethig. which has prevented the discovery or opening of new mines to replace which have been exhausted. GOLD PRODUCTION7 OF THE WORLD. )SH. 1915. 1916. Transvaal 5173.176, 1 3:! $1S6,105,S90 $19;,13,770 Rhodesia, 17,745,9S0 1S,SS2,!."9 IS, 957, 1110 West Africa 8,671.371 8..S21.6K 7,861,210 .Madagascar, etc ' 1.9SO.O0O 1,86."., 000 1,900,1)00 Total Africa $301.573. 4S $21 ,31:..581 S220.S62.L'1.0 'tilted Stales $ 94.531.SO0 5101.0.35,700 f 92, 315, 303 Mexico 1S.1S5.000 14,050,000 14.150.000 Canada 15.925,044 IS. 977, 901 19.1i2,025 Central America 3,500,000 3.575,000 3,605,000 Tolal Xorth America $132,141, S44 $13S.5:!S,601 $129,232,288 Russia, Including Sibevia t 34,458. OSS $ 35.1.50,000 $ 34,750,000 France 1.450,000 1.025,000 950,000 Other Europe 2,350,000 I,(i75,t00 1,5S0,000 Total Europe $ 3S.25S.OSS $ 37.S50.000 $ 37.2S5.0O0 British India 5 12,327,980 $ 11,481,169 $ 11,184,062 British and Dutch East Indies 4,690,000 4.825.000 4,960.000 Japan and chosen '. 7,476.500 7,850,000 7,980,000 China and others 3.625,000 3,675.000 3,750,000 Total Asia, not including Spain $ 2S, 1 19.480 $ 27,854,169 $ 27,874,062 South America $ 13,525.000 $ 13,750,000 $ 1 3, 97."). 000 Australasia -. . 46,479,532 45,193,921 ' 38. 213, 328 Total for the world $460,097,42S $475,552,222 $470,442,068 War's Effect Little. Apparently1 the war has hfld little direct effect on gold production. Most of the producing countries ate out of the direct track of the conflict. Even in Russia Rus-sia the only effect on gold mining felt was the withdrawal of working forces for the army, and this operated only to a moderate degree. Mexico's activity was diminished by Internal troubles entirely. The only countries affected were in Europe, Eu-rope, where the production is but small at any time. The total gold production of the. world for twenty years past is given in the second table. As already noted, the total for 1916 was less than that of 1915; but it was greater than that of any preceding year except 1912. . It was nearly twice that of 1S97, or twenty years ago. GOLD PRODUCTION FOR TWENTY YEARS. 1897 J2S7.44S.9S4 1907 $411,294 45? 189S 287,327,833 190S ; . 443 434 5"7 loc, 311,505.911 1909 459 ''7' !2 1900 25S.S29.701 1910 ;.. 46421.i!649 1901 210.S77.429 1911 459,377 300 1902 29S.S12.493 1912 474 333 2C8 1903 ..' "329.475.401 1913 4i2G:l'6.5S 1904 349.0SS.293 1914 460 097 423 1905 37S.411.054 1915 ., 478 552 222 1906 405,551,023 1916 47o442io6S Steady Gain Is Noted. Gold production gained steadily through the twenty years with the exception of the three years, 1899-1902, when the Boer war stopped production in South Africa. The 'growth was in part due to the opening of new fields In South Africa, in Alaska and the Yukon, and in the Lena district of Siberia; and in part to the adv inces in metallurgy, is iiich increased the yield of many older mines and districts and which made possible the profitable working of low-grade deposits. |
