iran to launch largest gold processing plant. Tehran : Iran will launch its largest gold processing plant next month, a media report said here Monday. The largest gold processing plant in the country will be inaugurated by the end of the next Iranian calendar month of .
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Major goldproducing countries include South Africa, the United States, Australia, Mexico, Peru, Canada, China, India and Russia. South Africa is the leading goldproducing country, followed by the United States and Australia. In the United States, Nevada is the leading gold producer.
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India is the largest consumer of gold followed by the USA. The global gold production rate is expected to increase at 4%. Annual demand for gold falls into three main categories the largest of which is the jewellary market which was worth 40 billion in 2005.
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