Gold mining has always been an attractive area for investors. Nowadays most powerful mining companies are multinational and have huge profits each year. There are also small companies that operate in this business and independent mine workers. Some countries have been confronted with illegalities from the independent, small operations. However mining is done much more organized now than it used to be in the past. best mining services
It can be said that mining is totally different nowadays than it used to be in the past. This doesn’t concern only the new techniques and the equipments used by the miners, but also the safety rules and regulations. Most modern countries have imposed mining companies sets of rules to protect those who do the hard work. Moreover they have to obey strict environmental laws. For example, the gold cyanidation technique, used to extract the precious metal, has been banned in many countries.
One of the biggest producers of gold nowadays is China. This country has never been in the top of the countries that produced the precious metal until 2007, when it became the most important one. Even though many might believe that this is the result of the discovery of large deposits on the Asian territory, things were nothing like that. The most plausible explanation was the fact that the production in the other countries decreased due to the implementation of the new safety regulations. In fact the deposits in China are much smaller than in other countries.
The United States have a rich history in gold mining and extremely rich deposits of the yellow metal. In the year when China became the greatest producer of gold in the world, the US was placed on the fourth position, with about 240 tonnes of gold. Most of it was mined from Nevada. In this state the gold mining process is a very dynamic one. Mining companies find new deposits frequently, which bring them great profits. One of the best known areas where new discoveries are possible is the Carlin Trend.
The mining activity is very active in South Africa too. This country probably has the richest gold deposits in the whole world. Business people in the industry are very familiar with the Rand deposit situated in Witwatersrand Basin. This deposit has a great potential and will support gold mining in the area for a long time. Australia has also attracted many investors who instead of choosing to buy gold chose mining for the precious metal. There are many active mines in Australia, most of them situated in the Western side of the continent. However this is not the only region in Australia as the whole continent is well known for its goldfields.