One Metric Tonne of gold is 1,000 kgs per month
That is @ 31,000 oz per month, or over three hundred thousand (300,000) per year.
Let’s compare that to real known verifiable production we can all research in Ghana.
Look at Gold Fields Ltd. (NYSE:GFI). The project consists of 6 open pits, 2 heap leach facilities and a carbon-in-leach (CIL) plant. Tarkwa has a Mineral Resource of 15.3 million gold ounces and a Mineral Reserve of 9.9 million ounces. And is a PUBLICLY traded company.
During the most recent fiscal year Tarkwa produced 720,700 ounces of gold and for the 12 months to end-June 2011 the expectation is to produce between 720,000 and 760,000 ounces of gold. Gold Fields also owns the Damang mine with a Mineral Resource of 4.7 million gold ounces and a Mineral Reserve of 2.1 million ounces.
That is the largest producer of gold in Ghana – and it’s a publicly traded company. Ghana is the 10th largest producer of gold in the world. You are saying that there is a aEoecompanyaE