Diavik Diamond Mine is located in Canada’s charmingly named North Slave Region – hopefully no reflection on the way the 700 workers here are treated. This is an open cast mine like no other. Gouged into a 20 square km island, 220 km from the Arctic Circle, there are particularly jaw-dropping views of this cold spot when the surrounding waters freeze over.
We’ve still got a few quid then! Bank of England‘s
glittering stash of £156BILLION in gold bars
stored in former canteen under London
In fact, there are stacks of gold bars worth a whopping £156billion stored in an old canteen deep below the streets of the capital.
- Bank of England’s glittering stash of £156BN in gold bars stored in former canteen under London (dailymail.co.uk)
- Gold hits 1-1/2-week high after Greece deal – Reuters (reuters.com)
Gold is a dense,soft,shiny,metal and the most malleable and ductile metal known.Gold is the least chemically reacted element in world.The world consumption of the gold produced is 50 % in jewelery,40 % in investments and 10 % in industry , beside this it has variety of uses in different things such as monitory ,exchange ,investment ,jewellery ,medicine ,food and drink ,industry and electronic chemistry.Now we will discuss about the top ten countries producing gold.
Following list contains top 10 Gold producing countries
Ghana’s gold production greater 1 million fine ounces in 1987 up to 327,000.In early 1990 Ghana largest gold produce.It’s overall share of the domestic gold market was decline from 80% to 60% as other operators industry.The gold production in Ghana is 66,205.
It is producing 84,000 gold .Uzbekistan is the ninth largest gold producer.Gold primary metal produced in Uzbekistan.Most of its reserved are located in Central Kyzyl-Kum .The mine produces enough gold to make it world’s seventh largest gold produced.
The output for 2010 is increased on the 49.5 tomes.Mali will have to produced by the end of 2009 .According to Waly Diawara the head of the mines and geology department in Mali’s ministry of mines.Althrough Mali’s produced 85,411 golds.
In Canada low price of gold and the reduction of reserves is responsible for the closed of nine mining operations.Overall the past two years in the end of 2002 there were 30 mines left in Canada.Canada produced 104,198.
IT was having difficult time in expanding in production of gold.It was because reserves at existing enterprise were being reduce and gold mining companies were suffering greater difficulties in obtaining licenses to mine new deposits.Russia produced159,340 golds.
Rio Huaypetue mine is largest gold mine in Peru.The Cusco region and near to the border with Madre de Dios and Puno.It is been estimated at point of production in 1998.Some of te world annual gold production have come from Huaypetue.It produced 203,268.
It has taken place continuously since gold was discover in Reed Farm in 1799.The first time gold was introduced in Virginia in 1782.The gold production was increased in United States in the year of 1980.Because of high gold prices.Its produced 242,000 golds.
It’s gold production begun in 1890 in Western Australia.It’s first point in 1903 which produced 50 tonnes of gold anually.In 1920 Western Australia was only state in Australia to produced gols.it produced 247,000.
China produced 247,200.It’s one of the earliest cultures begin making of jewellery in Asia.They were the chinese around 500 years ago.Their designs were very religion-oriented and contained.The traditions of the country is still continues till now.
South Africa is the top gold producing country .It produced 272,128 golds.It is been the source for large world’s gold supply.50% of all gold ever produced have come from South Africa.It’s production in 1970 counted for 79% of the world supply.
The brand Dabur and Tata has been eminent from the times of forefathers and even now. Tatas and Birlas were symbol of richness for people. They have great dedication to things they aspire for. There are century old companies in India that has seen two world wars, great depression, the freedom struggle, Zamindari system, liberalization and globalization. They underwent all these periods and have created a benchmark for themselves. They have created a strong brand name for their product and have sustained it for years. Even now they come under most actively traded company.
Jessop and company
The company was founded in 1788 by a renowned British Engineer William Jessop. It was before called Breen & Company. It was started in Calcutta the company is now 223 years old. It is the grandpa of all companies in India. It was the first company to build the first iron bridge in India at Lucknow and the famous Howrah Bridge in west Bengal. It is the oldest engineering company in the east of Suez manufactures is now into third century operation and currently under a private sector management. They are into hardcore engineering and have structured industrial buildings, cranes, passenger coaches, wagons, diesel road rollers and so many. The greatest achievement of this company is to bring up the first steamed boats in Indian waters. Now the company is acquired by the Ruia group.
This Company was started as a tiny concern in the year 1892 in Calcutta with a meager investment of 295 by a Gupta family in westBengal. This is the first biscuit company in India to mechanize production and was the first to use steamed ovens for production in the east of Suez canals. They supplied biscuits to the army during the World War II which boosted up their revenue. The managing director of this 12, 400 crore Company is Vinita Bali.
Century textiles and industries
Century had been founded by Nowrosjee N. Wadia. He established a single manufacturing concern in the year 1897. Nowrosjee is the grandfather of Nusli Wadia the owner of Bombay dyeing. There was a great demand for cotton in the time of American civil war and that was the time when Wadia set up his mind to get into the serious manufacturing of cotton. After three decades it was overtaken by the rival Chunilal Mehta and from him R.D Birla acquired it. Birla traded in jute and many other commodities and obtained adequate number of shares to extort management control. He became the chairman of the company in the year 1951 and his brother Ghanshyam Birla and Basant Kumar Birla, the youngest son of G.D Birla joined hands with him. It is referred to as Babu by many and it is still B.K Birla at 90, the chairman of the company.
Calcutta Electricity Supply Corporation
CESC was recorded in London in the year 1987 with a capital of 1000 pound sterling. It was initiated for providing power to Calcutta. The capacity of the company in the start was 3 boilers of 500 horsepower each. This operation was a great hit giving new life to the city residents. The Europeans enjoyed dancing in ball rooms under electric fans. The hand fan went out of fashion and tramcars were used instead of horses. The consumers in 1912 were 6000 and at present it is 2.4 million people. CESC was controlled from London till early 1970s, later it became a rupee company and it was Chittajit Das Gupta who supervised the company. He joined CESC as a trainee engineer in mid 1950s and retired as a deputy managing director in the year 1999.
TVS was first established in Madurai. The company was founded by T.V Sundaram Iyengar. At those times it was not easy to sell the cars to the landlords in the southern Tamil Nadu as they were comfortable with horse carts. The company was started in the year 1911 but the business actually started in the year 1912. The rural transport service was a great challenge faced by him. He always made sure that buses travelled on time to the places. The heavy duty magnets were used beneath to reduce the delay. These magnets used to pick the nails and fragments of horse shoes to reduce the menace of delay due to punctures. Now it is a 4 billion company and is under the control of the TVS family.
India’s largest Ayurvedic medicine manufacturer was setup in the year 1884. The founder S.K Burman was a physician by occupation. It was a very small concern as they lacked variety and just handful of people was employed. They strived hard to become successful for 100 years. It was from the year 1990 that it showed a drastic growth. They took advice from a consulting firm Mckinsey. Mckinsey advised Dabur not to still practice the old business style and Dabur took the advice wisely and has created fame for them in the Indian corporate history. It was a 40 Crore company and paid Mckinsey 10 Crore which sank the heart of Ashok C Burman, but now that advice made the company’s total assets worth 530 Crore.
The company was founded by BTA, a British MNC in the year 1910 in name of imperial tobacco. BTA owned great brands like Dunhill and Kent. It was considered as white company as they recruited workers from Cambridge universities. In the year 1969 Ajit Narain Haksar became the chairman and in 1974 the imperial was changed to India and was bluntly called ITC.
Godrej and Boyce
Godrej and Boyce was set up in the year 1897 by Ardeshir Godrej. In the year 1904 Pirojsha Godrej. Ardeshir took training in law but innovation of products was his inborn talent. He travelled overseas to improve his knowledge in business and its valuable insights. The Godrej safe has been the best for years. In the year 1944 the Bombay docks blasted off in which gold and ammunitions were stored. The safe was disfigured but stayed intact. This boosted up the name of the company. King George V and Queen Mary when visited Delhi durbar in the year 1911, stored their valuables in Godrej Safe.
It was Jamsetji Nusserwanji Tata’s dream to establish a steel plant from the year 1802. In 1902, he travelled to Pittsburgh get help from American geologist and metallurgist Charles Page Perin. Then TISCO emerged in the year 1907 and this was after Jamsetji’s death. Now Tata is one of the largest company and also have their mines spread all over the world. The sixth largest steel makers’ current worth is $52.8 billion.
Kirloskar was started in the year 1888 by Laxmanrao Kirloskar. In the start it was just a trading company. Now it is the India’s largest maker of pumps and valves and worth $1.4 billion. The current chairman of the company is Sanjay Kirloskar.
- What British thought of India and how they managed to rule us. (ktrmurali.wordpress.com)
- Who Owns & Control Meida in INDIA (rajcritic.wordpress.com)
- Nurturing India’s Next Entrepreneurs (india.blogs.nytimes.com)
Well everybody knows what steel is because it is majorly used in construction, cars, weapons, railway lines, daily household items, kitchen wares, for electricity supply purpose and of-course in the beer tin can. Steel mostly consists of iron as a major component while it is alloyed using 0.2 – 2.1% of carbon depending on the type of steel whereas manganese, chromium, vanadium, and tungsten are also used as alloy in steel. Mostly steel we use for households are always recycled, Do you know 1.3 Billion ton of steel is produced annually worldwide? well i am writing this post to tell you 10 fun facts about steel which you probably don’t know
More than 69% of world steel is recycled in North America which makes total of 80 million tons of steel and every ton of recycled steel need 2500 pounds of iron ore, 1500 pounds of coal and 120 pounds of limestone
Steel doesn’t loose its strength by recycling repeatedly, This way every year it saves equivalent energy to power 18 million households and that’s why whenever you buy a steel it is always a recycled steel
Recycling of steel produces too much air and water pollution that’s why 95% of water in North America is now recycled, After 1970 US has invested over $17 million to reduce the air and water pollution due to steel plants
More than $10 Billion has been invested in this industry to produce better quality new steel
In 2010 more than 16 million of cars have been recycled and you know that is enough to produce 15 million new cars?
Complete car frame is made up of steel and the first steel made automobile was introduced in 1918
Use of steel in automobiles have also reduced the consumption of fuel because steel designs have reduced the car weights dramatically
You know it takes almost 40 trees to build a wood house where as steel recycled from 4 cars is enough to make a 2000 sq . ft house ?
If you use steel in your house for roofs and doors then you will get many advantages as compared to asphalt roofs, Steel roofs are 100 % recycle able, They protect you in a better way from nature, they are fire proof and last more than 50 years while asphalt roofs last 17 years.
83000 tons of steel was required to build golden gate bridge and now if you want to make a similar bridge only half of the steel would be required because technology had increase the steel strength, in 1883 they started steel to build up skyscrapers and now it is the most common construction material.
- Love It or Hate It? Stainless Steel Countertops (casasugar.com)
- Damascus Steel (theknifepoint.wordpress.com)