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Alluvial mining is an ancient technology The early gold-panners were alluvial miners Although somewhat archaic, small scale alluvial mining operations are still common in areas of Africa and South America Alluvial mining has also morphed.

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We’ve analyzed the Top 50 Gold Mines to find the cost per ounce of gold by continent. The top 50 gold mines alone contain more than 33.5% of the world’s gold ounces.

With 22.2 g/t average gold grade reported in reserves, South Mine complex of Macassa operations holds the second place. 3. Kedrovka mine, Republic of Buryatia, Russia, owned by the local Zapadnaya Gold Mining company, enjoys the third highest grade underground mine and has a 22 g/t average ore grade in reserves.

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SOUTH AFRICAN JOURNAL OF GEOLOGY, 2006,VOLUME 109 PAGE 301-314 301 Introduction The liberalization of the diamond marketing system resulted in higher prices being paid for diamonds and this, coupled with the significant devaluation of the Rand during late 2001 and 2002, offered a window of opportunity for increased alluvial …

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