Mineral Industry Surveys

U.S. Department of the Interior January 2007 

U.S. Geological Survey 

For information, contact: 

Micheal W. George, Gold Commodity Specialist 

U.S. Geological Survey

989 National Center 

Reston, VA 20192

Telephone: (703) 648-4962, Fax: (703) 648-7757

E-mail: mgeorge@usgs.gov 

Mahbood Mahdavi (Data)

Telephone: (703) 648-7778 

Fax: (703) 648-7975

E-mail: mmahdavi@usgs.gov 

Wanda G. Wooten (Mine Data) 

Telephone: (703) 648-4980 

Fax: (703) 648-7975

E-mail: wwooten@usgs.gov

Internet: http://minerals.usgs.gov/minerals

GOLD IN NOVEMBER 2006 

U.S. mines produced 22,500 kilograms (kg) of gold in

November, a 3% decrease compared with that of October, 

according to the U.S. Geological Survey. The daily production 

rate of gold in November was 750 kg, slightly higher than the 

October 2006 average rate of 746 kg and 7% higher than the 

2005 annual average daily production rate of 699 kg. 

Engelhard Industries’ average gold price for November was 

$628.84 per troy ounce, 7% higher than the average October

price. 
Other

Nevada States2 Total

2005:p

November 17,700 3,650 21,400

December 19,100 3,420 22,500

January-December 212,000 43,700 255,000

2006:

January 15,100 3,170 18,300

February 14,800 3,350 18,100

March 18,300 4,100 22,400

April 15,900 3,730 19,700

May 15,400 4,240 19,600

June 15,600 4,170 19,800

July 15,300 4,350 19,600

August 15,500 4,040 19,600

September 16,800 3,850 20,700

October 19,500 3,770 23,100

November 19,300 3,230 22,500

January-November 181,000 41,900 223,000

TABLE 1

(Kilograms)

2

Includes Alaska, Arizona, California, Colorado, Idaho, Montana, New 

Mexico, South Dakota, Utah, and Washington.

MINE PRODUCTION OF RECOVERABLE GOLD IN THE UNITED 

STATES, BY STATE1

p

Preliminary.

1

Data are rounded to no more than three significant digits; may not add to 

totals shown.

2
Engelhard Industries:

2005:

Low/date 412.45 Feb. 8

High/date 538.06 Dec. 12

Average 446.20

2006:

September:

Low/date 575.23/15

High/date 639.48/5

Average 598.42

October:

Low/date 562.35/6

High/date 610.18/30

Average 587.43

November:

Low/date 615.79/1

High/date 648.45/30

Average 628.84

Year to date:

Low/date 526.29 Jan. 5

High/date 726.88 May 12

Average 603.47

Handy and Harman:

2005, average 444.79

2006:

September 596.76

October 585.78

November 627.12

Year to date 601.69

London Final:

2005, average 444.88

2006:

September 598.19

October 585.78

November 627.83

Year to date 602.02

TABLE 2

 GOLD PRICES

(Dollars per troy ounce)

Source: Platts Metals Week.

3
Waste Metal Gold

Ores and Doré and Refined and scrap powder compounds

Period and country concentrates2 precipitates bullion3 Total4 (gross weight) (gross weight) (gross weight)

Imports for consumption: 

2005 1,630 234,000 105,000 341,000 27,300 1,990 29,500

2006:

August 188 8,280 10,800 19,200 3,150 98 1,700

September 2 9,570 11,300 20,800 2,540 139 953

October:

Brazil -- -- 359 359 -- -- 23,000 5

Canada 9 5 -- 4,870 5 4,880 297 5 68 5 --

Chile -- 962 -- 962 -- -- --

Colombia -- 195 537 5 732 388 5 -- --

Costa Rica -- 21 -- 21 210 5 -- --

Dominican Republic -- -- -- -- 964 5 -- --

Germany -- -- -- -- -- 1 5 2,780 5

Guatemala -- 2,230 5 -- 2,230 4 5 -- --

Honduras -- 244 119 363 90 5 -- --

Japan -- -- -- -- -- -- 4,630 5

Mexico -- 190 5 5,230 5 5,420 782 5 40 5 --

Netherlands Antilles -- 133 -- 133 5 5 -- --

Nicaragua -- 103 -- 103 43 -- --

Peru -- 4,420 -- 4,420 -- -- --

United Kingdom -- -- 148 5 148 1 -- --

Other 1 190 147 5 338 359 5 50 5 --

Total 11 8,680 11,400 20,100 3,140 159 30,400

Year to date 1,060 110,000 115,000 226,000 35,800 1,300 63,000

Exports:

2005 1,380 141,000 182,000 324,000 563,000 687 1,310,000

2006:

August 223 30,400 25,100 55,700 27,300 131 131,000

September 201 13,800 26,400 40,400 31,500 126 100,000

October:

Belgium -- -- -- -- 301 5 -- --

Canada -- -- 24 5 24 9,690 5 6 5 30,100 5

China -- -- -- -- -- -- 31,400 5

Dominican Republic 22 5 -- -- 22 -- -- 8,960 5

Germany -- -- -- -- 11,000 -- 169 5

Israel -- -- -- -- -- -- 3,060 5

Japan -- -- -- -- 42 (6) 5 1,080 5

Korea, Republic of -- -- 3 3 -- -- 623 5

Mexico 64 5 -- 632 696 -- 11 3,410 5

Panama -- -- -- -- -- -- 683 5

Singapore -- -- -- -- -- -- 38,200 5

Switzerland -- 11,500 17,500 29,000 -- -- --

Taiwan -- -- -- -- -- -- 7,340 5

United Arab Emirates 28 5 -- 2,960 2,990 -- -- --

United Kingdom -- 4 5 938 942 18,200 16 5 4,820 5

Other 11 5 (6) 5 168 5 179 54 5 153 5 --

Total 125 11,500 22,200 33,800 39,400 184 130,000

Year to date 2,270 133,000 193,000 329,000 443,000 1,040 1,140,000

3

Bullion also moves in both directions between U.S. markets and foreign stocks on deposit in the Federal Reserve Bank. Monetary gold excluded.

5

All or part of these data have been referred to the U.S. Census Bureau for verification.

Source: U.S. Census Bureau.

2

Includes gold content of base metal ores, concentrates, and matte imported for refining.

6

Less than 1⁄2 unit.

TABLE 3

 U.S. IMPORTS AND EXPORTS OF GOLD1

(Kilograms of gold content, unless otherwise specified)

4

"Waste and scrap," "Metal powder," and "Gold compounds" not included in "Total."

1

Data are rounded to no more than three significant digits; may not add to totals shown.

-- Zero.

4