Mineral Industry Surveys

U.S. Department of the Interior July 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 

Wanda G. Wooten (Data) 

Telephone: (703) 648-4980

Fax: (703) 648-7975

E-mail: wwooten@usgs.gov 

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

GOLD IN APRIL 2007 

U.S. mines produced 19,400 kilograms (kg) of gold in April,

a slight increase compared with the revised March gold 

production of 19,200 kg, according to the U.S. Geological

Survey. The daily production rate of gold in April was 648 kg, 

4% higher than the revised March average rate of 621 kg and 

6% lower than the 2006 annual average daily production rate of 

690 kg. 

 Engelhard Industries’ average gold price for April was 

$681.05 per troy ounce, 4% higher than the March average

price. 
Other

Nevada States2 Total

2006:p

April 15,900 3,730 19,700

May 15,400 4,240 19,600

June 15,600 4,170 19,800

July 15,300 4,320 19,600

August 15,500 4,030 19,600

September 16,800 3,850 20,600

October

r 19,200 3,880 23,100

November 19,900 r 3,340 r 23,300

December

r 24,200 3,650 27,900

January-December 206,000 r 45,000 252,000

2007:

January 15,000 3,440 18,400

February 14,800 3,740 r 18,600 r

Marchr 15,600 3,650 19,200

April 15,200 4,210 19,400

January-April 60,600 15,000 75,700

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. rRevised. 1

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

totals shown.

2
Engelhard Industries:

2006:

Low/date 526.29 Jan. 5

High/date 726.88 May 12

Average 605.83

2007:

March:

Low/date 638.49/05

High/date 672.19/01

Average 656.66

April:

Low/date 660.02/02

High/date 693.23/20

Average 681.05

Year to date:

Low/date 610.08 Jan. 10

High/date 687.57 Feb. 26

Average 659.19

Handy and Harman:

2006, average 604.00

2007:

March 655.30

April 679.20

Year to date 657.47

London Final:

2006, average 604.33

2007:

March 654.90

April 679.37

Year to date 657.54

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: 

2006 1,090 125,000 136,000 263,000 43,000 1,460 122,000

2007:

January 6 5,810 9,890 15,700 5,090 89 417

February 7 4,950 6,020 11,000 3,630 55 r 2,800

March:

Brazil -- -- -- -- -- -- 9,610

Canada 5 133 5 7,740 5 7,870 149 5 3 --

Chile -- 779 450 1,230 -- -- --

Colombia -- 275 353 628 468 -- --

Costa Rica -- 9 -- 9 199 -- --

Dominican Republic -- -- -- -- 652 -- --

Ecuador -- 129 -- 129 8 -- --

Guatemala -- 365 -- 365 -- -- --

Honduras -- 557 -- 557 164 -- --

Japan -- -- -- -- -- -- 313

Mexico -- 162 2,160 5 2,320 689 5 47 5 --

Nicaragua -- 113 11 124 20 -- --

Peru -- 2,260 -- 2,260 -- -- --

United Kingdom -- -- 617 617 -- -- --

Other 2 5 69 84 5 156 453 5 55 5

Total 7 4,850 11,400 16,300 2,800 105 9,920

Year to date 20 15,600 27,300 42,900 11,500 248 13,100

Exports:

2006 2,690 159,000 228,000 389,000 567,000 1,320 1,460,000

2007:

January 386 10,800 13,300 24,500 91,100 155 136,000

February 87 r 9,480 12,800 22,300 53,900 42 90,800

March:

Australia -- -- 2,320 2,320 -- -- --

Canada -- 27 5 11 38 17,300 5 1 5 36,700

China -- -- 2 2 -- -- 34,400

Dominican Republic 21 -- -- 21 -- -- 13,300

Germany -- -- -- -- 16,000 -- 277

Hong Kong -- -- 1,000 1,000 -- -- --

Ireland 12 -- -- 12 -- -- 783

Israel -- -- -- -- -- -- 5,380

Korea, Republic of -- -- -- -- -- -- 1,090

Malaysia -- -- 106 106 -- -- 4,790

Mexico 59 -- 445 5 504 50 5 1 5 6,110

Singapore -- -- -- -- -- -- 58,400

Switzerland 400 10,500 237 11,200 -- 1 5 --

Taiwan -- -- -- -- -- -- 2,960

Turkey -- -- -- -- -- 153 --

United Kingdom 4 1 46,500 5 46,500 22,300 12 1,190

Other 4 -- 26 5 30 98 5 24 5 --

Total 500 10,500 50,600 61,600 55,700 192 165,000

Year to date 975 30,800 76,700 108,000 201,000 389 392,000 r

Revised. -- Zero.

1

Data are rounded to no more than three significant digits; may not add to totals shown. 2

Includes gold content of base metal ores, concentrates, and matte imported for refining. 3

Bullion also moves in both directions between U.S. markets and foreign stocks on deposit in the Federal Reserve Bank. Monetary gold excluded. 4

"Waste and scrap," "Metal powder," and "Gold compounds" not included in "Total." 5

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

Source: U.S. Census Bureau.

TABLE 3

 U.S. IMPORTS AND EXPORTS OF GOLD1

(Kilograms of gold content, unless otherwise specified)

4