Total of 165,000 tonnes of gold have been mined in human history, as of 2009. This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8,500 mÂ³, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry.
It is known to all that the primary use of gold is associated to jewelry. About 78% of the gold consumed each year goes in the manufacture of different jewelry products.
**** Orofino Gold Corp. (ORFG) Opens New Head Office In Medellin, Colombia ****
ORFG reported the relocation of its head office to Medellin, Colombia, as of March 1, 2011
The rich history of gold in Colombia dates back to pre-Columbian times. Explorers from Europe traveled across the ocean in search of legendary South American riches, much of which were believed to be in the land that comprises what is modern-day Colombia. However, until recently, geographic and political conditions have prevented people and companies from fully leveraging the extent of the region’s rich mineralogical resources.
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