Mineral Industry Surveys

U.S. Department of the Interior February 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 DECEMBER 2006 

U.S. mines produced 27,800 kilograms (kg) of gold in

December, a 19% increase compared with that of November, 

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

rate of gold in December was 896 kg, 15% higher than the 

November 2006 average rate of 778 kg and 28% higher than the

2005 annual average daily production rate of 699 kg. 

Engelhard Industries’ average gold price for December was 

$631.74 per troy ounce, slightly higher than the average 

November price.
Other

Nevada States2 Total

2005:p

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 18,400 r 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 4,320 r 19,600

August 15,500 4,030 19,600

September 16,800 3,850 20,600 r

October

r 19,400 3,680 23,000

November

r 20,200 3,140 23,300

December 24,500 3,260 27,800

January-December 207,000 45,000 252,000

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. rRevised. 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:

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

December:

Low/date 615.69/18

High/date 650.50/1

Average 631.74

Year to date:

Low/date 526.29 Jan. 5

High/date 726.88 May 12

Average 605.83

Handy and Harman:

2005, average 444.79

2006:

October 585.78

November 627.12

December 629.38

Year to date 604.00

London Final:

2005, average 444.88

2006:

October 585.78

November 627.83

December 629.79

Year to date 604.33

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:

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

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

November:

Brazil -- -- 677 677 -- -- 8,780 5

Canada 28 5 -- 3,730 5 3,760 337 5 34 5 --

Chile -- 704 900 1,600 -- -- --

Colombia -- 219 390 5 609 677 5 -- --

Costa Rica -- 30 5 -- 30 228 5 -- --

Dominican Republic -- -- -- -- 1,260 5 -- --

Guatemala -- 265 -- 265 -- -- --

Honduras -- 413 75 488 141 -- --

Japan -- -- -- -- -- -- 2,430 5

Mexico -- 155 5 3,430 5 3,580 842 5 24 5 --

Panama -- 103 5 19 5 122 61 5 -- --

Peru -- 4,720 -- 4,720 -- -- --

United Kingdom -- -- 329 5 329 -- -- --

Other 2 280 5 36 5 317 289 5 16 5 1 5

Total 30 6,890 9,590 16,500 3,830 73 11,200

Year to date 1,090 117,000 125,000 243,000 39,600 1,370 74,200

Exports:

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

2006:

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

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

November:

Canada -- 15 5 12 5 27 65,700 5 -- 35,800 5

China -- -- -- -- -- -- 15,800 5

Cote d'Ivoire -- -- -- -- -- -- 15,200 5

Dominican Republic 48 5 -- -- 48 -- -- 17,700 5

Germany -- -- -- -- 3,450 1 5 321 5

Hong Kong -- -- -- -- -- -- 3,830 5

Ireland 5 5 -- -- 5 -- -- 1,800 5

Israel -- -- -- -- -- -- 5,120 5

Malaysia -- -- 63 63 -- -- 3,250 5

Mexico 24 5 -- 222 5 245 -- 1 5 965 5

New Zealand -- -- -- -- -- -- 408 5

Singapore -- -- -- -- -- -- 28,500 5

South Africa -- -- -- -- -- -- 336 5

Switzerland 141 5 10,100 8,390 18,600 -- -- --

Taiwan -- -- -- -- 32 -- 8,280 5

United Arab Emirates -- -- 2,110 2,110 -- -- --

United Kingdom 2 5 -- 6,600 6,600 22,100 4 5 --

Other 9 5 -- 50 5 59 77 5 168 5 254 5

Total 230 10,100 17,400 27,800 91,300 173 138,000

Year to date 2,500 143,000 211,000 356,000 534,000 1,220 1,280,000

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.

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