Top five largest gold producing countries in 2020. 1. China – 380 tonnes. China produced roughly 380 tonnes of gold in 2020 – recording the same output as the previous year, despite the impacts of …

8. South Africa – 123.5 tonnes. Once the top gold-producer in the world by a wide margin, South Africa's gold mines have been slowing every year since 2008, with the exception of 2013 when production rose by a few tonnes. The nation is struggling with rising costs for electricity and labor, with many mines closing due to unprofitability.
Russia – 331.1 tonnes. Russia is the second largest gold producer in the world after outstripping Australia of this position in 2019. Russia has positioned itself to be Europe's main supplier of gold since 2010 as it increased its production capacity on an annual basis to the 331.1 tonnes in reserves. 4 The biggest local consumer of gold has been the …
Together, the world's top 10 gold miners produced 27.48 million ounces (Moz) in 2020, worth approximately $48 billion, according to data from Mining Intelligence. North America Leading At a country level, China is the largest producer in the world accounting for around 11% of total global production.
Below are further details on the top 10 countries with the largest gold production in 2020, starting with China, the top producer as well as the top consumer. All data is from the WGC as of June 2021. ... If the state were its own country, it would be one of the world's top 10 miners. 5. Canada – 170.6 tonnes.
Copper, silver, zinc, and lead are also mined. Newmont became the world's largest gold miner after acquiring rival Goldcorp for $10 billion in 2019. 2. Barrick Gold. With 16 active sites in 13 countries, Barrick Gold Corporation is a gold and copper mining business. Its headquarters are in Toronto, Ontario.
Australia's biggest gold miner, Newcrest, is the sixth largest producer with 1,097 koz produced at its operations in the home country, Papua New Guinea and Canada. Late last year, Newcrest acquired Pretium Resources in a $2.8 billion deal, making it the owner of Brucejack in British Columbia, one of the world's highest grade gold mines.
Top five largest gold producing countries in 2020. 1. China – 380 tonnes. China produced roughly 380 tonnes of gold in 2020 – recording the same output as the previous year, despite the impacts of the pandemic. The Asian powerhouse is also the world's largest consumer of gold, and is estimated to be sitting on reserves of about …
Check out the details of the top ten world's largest gold producing mines in no particular order: 1. Muruntau, Uzbekistan: Muruntau gold mine is the world's largest open-pit gold mine which produces more than two million ounces of gold annually. The 3.5X2.5 KM broad pit is present in the Qizilqum desert of Uzbekistan.
Barrick sits second with 2021 gold production of 4,437 koz, which is 7% lower compared to the prior year. Russian gold miner Polyus is third with 2021 total gold output of 2,717 koz, a 2% decline over 2020 (2,766 thousand ounces). The decline was primarily attributable to operations at Olimpiada and driven by lower average grades in …
Below are more details on the top 10 countries with the largest gold production in 2019, beginning with the top producer and top consumer of bullion, China. All data is from the World Gold Council. 1. China – 383.2 tonnes. For many years, China has been the top producing nation, accounting for 11 percent of global mine production.