World Produces More Gold In A Day Than It Did For An Entire A Year During 16th Century

From srsroccoreport.com

After Columbus discovered the New World in 1492 and the Spanish began to extract vast amounts of gold and silver from Mexico and South America during the 16th century, the global production of precious metals would grow considerably over the following centuries.  However, the rise of gold production during this period still pales in comparison to what is taking place in the modern gold mining industry today. Before Spain discovered the New World (as history suggests), most of the gold production in the world took place in Europe and Africa. Yes, there was also some gold production in India and Asia, but the ... (full story)