Gold

Previous Years’ Reviews

Gold - 2011 Annual Review and Outlook

  • Highlights
    • The price of gold started the year at US$1405 per troy ounce (oz) and finished at US$1534/oz. The highest price during the year was in September at US$1895/oz. The average price during the year was US$1571/oz.
    • Canadian mine production of gold decreased slightly to 98.16 tonnes (t), valued at $4.74 billion, from 102.14 t in 2010.
    • Osisko Mining Corporation reached commercial production at its Canadian Malartic mine in Malartic, Quebec. At full production, the mine is capable of producing 600 000 oz of gold per year.
    • Production was steady at most Canadian operations. Producers are generally facing increasing operating costs, due mainly to the cost of labour and energy. The near-term production outlook is optimistic as several new, large mines are slated to commence production in the next few years.
  • Canadian Production
  • Canadian Developments
  • World Production
  • Trade
  • Markets and Prices
  • Outlook

Gold - Other Information

  • Introduction to Gold

Maps/Graphs

  • Figure 1. Canadian Mine Shipments of Gold, 1988-2011
  • Figure 2. Gold-Producing Mines and Principal Gold Refineries in Canada, 2011
  • Figure 3. World Mine Production of Gold, 2011
  • Figure 4. Gold Price, Daily London Gold Fixing (P.M. Fix), 2011

Statistical Tables

  • Tariffs
  • Table 1. Canada, Gold Production by Province and Territory, 2009-11
  • Table 2. Canada, Gold Trade, 2009-11
  • Table 3. Canada, Gold Production by Source, Historical, 1989-2011
  • Table 4. Canada, Gold Production, Average Value and Percent of Total Mineral Production, Historical, 1988-2011

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