Jun 9, 2014

USA

Gold
Nevada
Admin
1 min
Ranking #3
The United States comes in third on our list of the Top 10 Gold Produc...

The United States comes in third on our list of the Top 10 Gold Producing Countries. With three quarters of the U.S. gold coming from just five states (Nevada, Alaska, California, Colorado, and South Dakota), most of the gold produced today comes from large open-pit heap leach mines. Nevada is responsible for almost 74 percent of the United States’ total production of gold, supplying more than 10 percent of State GDP.  The USA is the world’s largest holder of sovereign reserves of gold, with nearly 26 percent of the world’s totals.

United States is also home to some of the largest gold mines in the world. These mines include the Homestake Mine in South Dakota, Gold Country in California, and Carlin Trend in Nevada.

Gold production – 231.3 tonnes annually                         Population – 313.9 million

Gold consumption – 161.8 tonnes annually                     Gross National Income – $15,887.6 billion

Unmined gold – 3,000.00 tonnes annually                       Serious conflicts reports – No serious conflicts reported

Gold production as percentage of GNI – 0.08 percent

Share article

Jan 30, 2019

Deloitte predicts industry transformation - Tracking the Trends 2019 report

Operations
Automation
Deloitte
Daniel Brightmore
3 min
Deloitte reveals top ten trends transforming mining in annual Tracking the Trends report
Deloitte has published the eleventh edition of its an...

Deloitte has published the eleventh edition of its annual report on the mining industry. Tracking the Trends identifies the top ten trends transforming the future of mining in 2019

The Deloitte report endeavours to provide the mining industry with insights it can leverage to support its continued quest for productivity, capital discipline, strategic development and sustainable growth.

Philip Hopwood, Deloitte’s Global Leader - Mining & Metals, commented: “It appears that the mining industry is poised for greater growth than it’s seen in a decade, but today’s market realities are very different than those of the past. We’re now dealing with geopolitical tensions in the form of trade wars and tariff concerns, as well as looming asset shortages. Rising commodity prices should fuel expansion, but could also result in a return of inflation and the costs that go with it, eventually eating into margins. 

Disruption and volatility has become the new normal and the pace of change is outpacing our ability to adapt. This makes it imperative for mining companies to clarify how they plan to drive value into the future and how they intend to respond when prices inevitably drop again.” 

Related stories:

EY survey finds losing 'licence to operate' is the biggest risk to the industry in 2019

Predicting the disruptors of tomorrow’s mining industry: Deloitte’s tracking the trends 2018

Renewables the key to energy cost savings and competitive edge says Deloitte

Here are the key messages provided by the 2019 report:

  • Disruption and volatilitymake it imperative for mining companies to clarify how they plan to drive value into the future and how they intend to respond when prices inevitably drop again. To thrive into the future, mining companies will need to challenge the status quo by soliciting a diversity of opinions and taking the risk to do things differently. 

 

  • Technology and artificial intelligence (AI) will play akey role, not only in helping companies envision future scenarios, but in identifying risks at an enterprise level and transforming the supply chain. Moreover, advances in finance platforms, sensor technology, autonomous vehicles, cloud- based solutions, and analytics are paving the way for the design of a digital mine. 

 

  • Understanding the needsand perceptions of people both inside and outside the organization will be critical. Companies must build amore diverse workplace and address succession planning, while fostering loyalty and retention among existing employees. At the same time companies must do more outreach to local communities, governments, and consumers so they can be more transparent and receptive. 

 

Top Ten Trends Transforming the Future of Mining:

  1. Rethinking mining strategy - Embedding the discipline to deliver measurable value across the cycle 
  2. The frontier of analytics and artifcial intelligenceMoving up the maturity curve 
  3. Managing risk in the digital era - Exploring a new approach to controls and risk management 
  4. Digitizing the supply chain - Why innovation requires integration 
  5. Driving sustainable shared social outcomes - Finding value beyond compliance 
  6. Exploring the water-energy nexus - Making the case for a systematic approach 
  7. Decoding capital projects - Learning from past mistakes
  8. Reimagining work, workers, and the workplace - A blueprint for the future 
  9. Operationalising diversity and inclusion programs - From theory to practice 
  10. Demanding provenanceEVs and battery minerals provoke the desire for provenance 

Share article