David Hunkar submits:
In this post, let me list some of the Tier 1 gold miners and a few copper miners. But before we get into the list, here are some interesting facts about gold:
- US Gold Reserves totaled 8,133.5 tons in September 2008, accounting for 76.5% of its forex reserves.
- Japan holds 765.2 tons of gold which accounts for 1.9% of its forex reserves.
- China’s gold reserves amounted to 1,054 tons in 2009 which was a 76% increase in six years and accounts for 1.9% of its forex reserves.
- China surpassed South Africa as the world’s largest gold producer in 2007.
- China beat India as the world’s largest gold consumer in 2009.
From the World Gold Council: