EMPIRE’S GOLD PRODUCTION.
70 PER CENT. OF WORLD OUTPUT
The Toronto Globe publishes an article showing how the British Empire lias supplanted the United States as the permier gold producer of the world. In 1880 the United States produced 34 uer cent, of the world’s output, while*the British Empire only produced 29 per cent. To-day the positions are reversed, the Empire producing 70 per cent., and America only 14 per cent., the remaining 16 per cent, being scattered among a dozen countries. Canada is rapidly becoming a heavy gold producer, and shows signs of supplanting the United States. Canadian production has increased from 1,000,000 dollars in 1891 to 31,500,000 dollars in 1924. Recent finds in Ontario have offset the loss through the exhaustion of the Klondike fields.
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Bibliographic details
Hawera Star, Volume XLV, 11 August 1925, Page 9
Word Count
127EMPIRE’S GOLD PRODUCTION. Hawera Star, Volume XLV, 11 August 1925, Page 9
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