INFOGRAPHIC: Gold, The Most Sought After Metal on Earth

The gold to monetary base ratio is at an all-time low.

A new timetable for the search is expected to be unveiled on Friday, at a news conference called by the digging team.

Project consists of two open-pit mines forecast to produce 87,000 ounces of the yellow metal a year during their eight to nine years of mine life.

Despite a rebound in commodity prices and successful costs cuts, Glencore remained in the red in the six months to end-June.

Shares in Rusoro Mining soars 122% after international arbitration tribunal awards damages over late president Chavez's seizure of its gold mines in 2011.

After four grinding years of falling metal prices and vanishing market capitalizations, we have seen a stunning shift in market sentiment since mid-January, says Matt Geiger of MJG Capital. Multiple physical commodities are now in technical bull markets.

Since before recorded human history, the people of India have had an insatiable appetite for gold, treasuring it not only for its flawless natural beauty and religious significance but also as a superb store of value.

Jacob Rothschild, Stanley Druckenmiller, George Soros, along with his associate Crispin Odey, and other billionaire elitists are moving massively into gold.

Canada’s Erdene Resource is one of the very few miners to have never encountered issues in the East Asian nation.