Show i The DAY IN i Although still sti awaiting the answer to the question queston where the the family money goes we arc informed Wormed with wih much detail by the Engineering and ad Mining Journal where the gold comes fromIn fromIn fomIn from In the United States Stales long so prominent prom prom- In gold production the industry has been fading lading into obscurity in recent recent recent re re- re- re cent years years says the th Journal joural Crip pIe jle pic Creek Goldfield Tonopah and other oher famous camps have seen their best cst days New camp camps caps have not been found Homestake and arid Alaska Alaka Juneau Ju Ju- neau neau plus plu the by product by-product product output from metal base mines accounted for half ha the he country's total in 1929 But with ho the te advent of ot depression and unemployment unemployment a subdued boom has re re- rc- rc suled Lacking any anyone one district in which to manifest itself itel it has taken shape shap in inthe the he reopening of ot old mines long ong dormant dormant and the reworking re of placer diggings that had been thought exhausted Despite a a sharp shar drop in the he product by-product recovery of gold total production in 1930 was high higher r than thann in iii n 1929 an an indication that the gold nines mines made a substantial increase A furth further r drop in product by-product output will wl occur this thi year ea In 1929 metal base mines produced more than ounces of gold In 1931 they will wi produce produce pro pro- duce barely ounces 0 e Gold production in Australia which once disputed with the United States for tor premier rank among world gold producers Is declining The My My- sore ore field eld in i India Idia seems to be gradually ally aly dying out Southern Souther Rhodesia is another British colony which has no present prospects prospect of improving Its it po- po po Mexico where gold is chiefly product byproduct has had a mild mid rush ruh at El Tambor but the amount recovered there here has not been large enough the mining paper states to counterbalance counter bal ance curtailed metal base output output On Ori On the other hand British West Wet Arc Africa the te Belgian Congo and New Guinea are arc on the upgrade Philippine Phippie islands production has forged steadily ahead ever since sice the first gold was produced under uder American possession In Panama Panama Pana Pana- ma ma the Panama corporation is developing developing devel devel- what whai is i claimed to t be a potential poten tRl successor to the South African field The government gold mining area in the Far East Est Rand nd in is i the Transvaal is the worlds world's vord's largest gold producer the mining ming publication says says Its It output output out out- put of ounces is exceeded only by three countries the countries the Union of South Africa Afric itself itel the United States and ad Canada Canada The Te mine covers cover an area of 2633 claims clims and is developed developed devel devel- through ugh four large sha shafts In 1930 the company paid dividends dividend of 90 per cent on its it capital of pounds sterling There Tere are 42 mines mic in the world wold that produced more than ounces ounce of gold each in i 1930 adds the publication Of these 28 2 are on the if i Sub Nigel is Included in In- Among the remaining 14 mines Canada claims six and the United States two The Te mine that has so far as records record indicate date more gold cold than tha any other in the world word is the Crown Mines in the Transvaal which to the end of 1930 had ounces to its it credit credi Alaska Alaka Juneau is 15 i the lode mine that handles the largest largest annual annual tonnage tonnage ton ton- nage of ore ore Probably the highest highest- grade gade gold mine of or any size in the world is the Ashanti Goldfields property prop erty ty ery on the Gold coast coast where run run-of- mine ore assays better than one on ounce of gold to the ton The Te Government Gold Areas cited as the largest producer pro ducer was wa also the most mot profitable in 1930 having earned in that year yer a profit prof of ot |