Historical and Modern Government Responses to Artisanal ...
Conservative estimates suggest that artisanal and smallscale gold mining (ASGM) accounts for ~ 15% of the world''s gold production or about 400 tonnes per annum however a recent estimate puts it as high as 25% of annual production. Using 15% and 400 tonnes, the value of annual ASGM production for 2012 at the average price of 1670 USD/ozt is ...