With deposits of gold being found in the United States, Canada and Mexico, the North American continent is developing as a gold producing continent. The Indian nation also takes credit for being the world's largest consumer of gold and gold products.Īs a producer of gold in the last two centuries, the North American continent has become a source that may rival these other continents. While the Kolar gold fields have been closed for several years due to diminishing returns on the investment, this area of India is still thought to contain very rich deposits of gold. India is home to the worlds second deepest underground gold mine, the Champion Reef Mine, which is located on the Kolar region of India. When gold is found, it is either a vein of gold inside a rock, kind of like the veins you can see on the inside of your arm, or in small nuggets and flakes. In these two regions, South Africa has the largest concentration of gold with the town of Johannesburg being built over the worlds largest gold deposit.
The largest known deposits of gold appear on two continents, Africa and India. In fact, if all the gold ever discovered were collected and melted down and formed into one cube, it would measure just 20 meters on each side.
Despite the fact that gold can be found almost everywhere, there is very little gold in comparison to other elements on earth.
