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Gold Mining

Who does a gold mining company sell their gold to?

I was researching Barrack Gold Corporation and it dawned on me that I have no clue as to where all that gold goes after it's mined. I'm hoping someone out there could clue me in.

Thanks!
Blue

It's worse than you think. I don't know about Barrack, but gold mines typically sell gold years in advance, to finance expansion and protect themselves against price variations. Anybody can buy gold futures.

You can look gold futures here:

http://www.nymex.com/gol_fut_cso.aspx

Grandpa

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PanAm style 42 Duplex Jig w Nickel Ragging plus Nugget Trap Gold Mining
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DC36 Impact rock crusher grinding milling gold mining equipment machine jaw ball
DC36 Impact rock crusher grinding milling gold mining equipment machine jaw ball
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Turbopan 20 Gold Pans VORTEX ACTION 16 Prospecting Mining Black WHOLESALE LOT
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Magnetic Separator Pick Up Tool 16lb Strength Spring Loaded Gold Panning Mining
Magnetic Separator Pick Up Tool 16lb Strength Spring Loaded Gold Panning Mining
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Camel Mining Pro Camel 24 Spiral Gold Panning Machine New Updated Design
Camel Mining Pro Camel 24 Spiral Gold Panning Machine New Updated Design
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Mountain Goat Reverse Helix Trommel for gold mining prospecting
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10 Black Gold Pan Snuffer Bottle Glass Vial Magnifying Glass Panning Kit Mining
10 Black Gold Pan Snuffer Bottle Glass Vial Magnifying Glass Panning Kit Mining
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Continental 24 X 20 Degree Conveyor Training Idler Mining Gold Sand
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Gold Pans Set of 2 Panning 10 14 High Impact Plastic GREEN Prospecting Mining
Gold Pans Set of 2 Panning 10 14 High Impact Plastic GREEN Prospecting Mining
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Gold Pans Set of 2 Panning 10 14 High Impact Plastic BLACK Prospecting Mining
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Gold Pans Set of 2 Panning 10 14 High Impact Plastic BLUE Prospecting Mining
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Camel Mining Desert Fox Automatic Single Speed Gold Panning Machine Prospecting
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10 Blue Dual Riffle Plastic Gold Pan Nugget Mining Dredging River Panning NEW
10 Blue Dual Riffle Plastic Gold Pan Nugget Mining Dredging River Panning NEW
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Pan O Matic Gold Mining Panning Mineral Extraction Machine Model 850 New Motor
Pan O Matic Gold Mining Panning Mineral Extraction Machine Model 850 New Motor
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Lot of 50 8 Green Gold Pans w Bottle Snuffer Panning Kit Prospecting Mining
Lot of 50 8 Green Gold Pans w Bottle Snuffer Panning Kit Prospecting Mining
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Gold Panning Kit 8 Green Pan Bottle Snuffer  Scoop Mining Prospecting
Gold Panning Kit 8 Green Pan Bottle Snuffer Scoop Mining Prospecting
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Portable Gold Concentrator
Portable Gold Concentrator
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Lot of 3 8 Green Gold Pans w Bottle Snuffer Panning Kit Duel Riffles Mining
Lot of 3 8 Green Gold Pans w Bottle Snuffer Panning Kit Duel Riffles Mining
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Lot of 40 8 Green Gold Pans w Bottle Snuffer Panning Kit Prospecting Mining
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New Gold Panning Gold Pan Mining Sifting Pan With 1 8 Mesh Net 13 1 4 Round
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