Canadian Mining Journal

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GOLD: Top 10 producing countries, companies



WASHINGTON, DC – According to figures gleaned from the US Geological Survey’s Mineral Commodities Summary, China remains the largest gold producing country in the world. Production there is estimated to reach 490 tonnes in 2015, followed by Australia with 300 tonnes.

Here are the top 10 gold producing countries:

Country 2015 Rank Production (tonnes) Production (tonnes) % Change
China 1 490 450 +8.9
Australia 2 300 274 +9.5
Russia 3 242 247 – 2.0
United States 4 200 210 – 4.8
Canada 5 150 152 – 1.3
Peru 6 150 140 +7.1
South Africa 7 140 152 – 7.9
Mexico 8 120 118 +1.7
Uzbekistan 9 103 100 +3.0
Ghana 10 85 91 – 6.6
Brazil 11 80 80 (none)
Indonesia 12 75 69 +8.7
Papua New Guinea 13 50 53 – 5.7
Other Countries   855 858 – 0.4
World Total   3,000 2,900 +3.4

The only change for last year was that Peru moved up one spot to No.6 at the expense of South Africa that dropped one spot to No. 7.

As this is the time of year companies are preparing for their annual shareholders’ meeting, looking through company data makes it simple to pick out the largest gold producing companies by going through their public data.

Here are the top 10 gold miners for the last two years (million oz):

Company Country Rank 2015 2014 % Change
Barrick Gold Canada 1 6.12 6.50 – 5.8
Newmont Mining United States 2 5.00 4.80 +4.2
AngloGold Ashanti South Africa 3 3.95 4.40 – 10.2
Goldcorp Canada 4 3.46 2.87 +20.6
Kinross Gold* Canada 5 2.59 2.71 – 4.4
Newcrest Mining Australia 6 2.49 2.33 +6.9
Gold Fields South Africa 7 2.16 2.22 – 2.7
Polyus Gold Russia 8 1.74 1.70 +2.4
Agnico Eagle Mines Canada 9 1.67 1.43 +16.8
Sibanye Gold South African 10 1.54 1.59 – 3.1

*Gold equivalent

Readers should not be surprised at the ranking of largest gold producers. Barrick has been the leader for many years, and Goldcorp took a jump with the opening of the Eleonore mine in Nunavut.

Canada can be  proud of contributing four out of the 10 top gold producers to the list. The result speaks well of the resource  base in this country as well as the expertise Canadian companies take with them when hunting gold around the globe.