Gold has long been a sought-after commodity. Traditionally, gold has been mined for its beauty, rarity, and value. In modern times, gold is also acquired as a hedge against financial uncertainty. With the rise of gold prices in the past decade, gold mining has become increasingly popular.
This article will present a list of the top 10 gold mining companies. All of the data provided is based on the most recent available figures.
The top gold mining companies in the world are China’s Shandong Gold Group, Australia’s Newcrest Mining, and Canada’s Barrick Gold Corporation. Shandong Gold Group has proven and probable reserves of over 28 million ounces of gold and has properties across several continents. Newcrest Mining is primarily focused on gold production and exploration at its operating mines in Australia, Papua New Guinea, and Canada. Barrick Gold Corporation has a presence in six countries, including two of the top five gold producing countries in the world (Chile and Canada).
Coming in at 4th place is AngloGold Ashanti, a South African gold mining corporation. The firm has over 19 million ounces in proven and probable reserves and is focused both on gold production and exploration. The 5th largest gold mining company is Russia’s Polyus Gold, which has over 18 million ounces of gold reserves.
The 6th largest gold mining company is the United States’ Newmont Corporation. The company is focused on gold production and exploration, operating major gold mines in Nevada, Indonesia, and Ghana. In seventh place is China National Gold Group, with over 16 million ounces of proven and probable gold reserves.
Goldcorp is the 8th largest gold mining company in the world. The company has properties and operations in Canada, the United States, Mexico, and Central and South America, and is focused primarily on gold production and exploration. In 9th place is China’s Zijin Mining, with over 13 million ounces of reserves. The final entry on the list is Kinross Gold, which has over seven million ounces of gold reserves in Russia and Brazil.
As gold prices continue to rise, the demand for gold exploration and production will likely increase. Gold mining companies should take note of the list of the top 10 gold mining companies and use the information to guide their operations. These firms will need to continue to focus on production and exploration and, in order to stay ahead of the competition, remain agile as the global gold market continues to evolve.
Gold has long been a sought-after commodity. Traditionally, gold has been mined for its beauty, rarity, and value. In modern times, gold is also acquired as a hedge against financial uncertainty. With the rise of gold prices in the past decade, gold mining has become increasingly popular.
This article will present a list of the top 10 gold mining companies. All of the data provided is based on the most recent available figures.
The top gold mining companies in the world are China’s Shandong Gold Group, Australia’s Newcrest Mining, and Canada’s Barrick Gold Corporation. Shandong Gold Group has proven and probable reserves of over 28 million ounces of gold and has properties across several continents. Newcrest Mining is primarily focused on gold production and exploration at its operating mines in Australia, Papua New Guinea, and Canada. Barrick Gold Corporation has a presence in six countries, including two of the top five gold producing countries in the world (Chile and Canada).
Coming in at 4th place is AngloGold Ashanti, a South African gold mining corporation. The firm has over 19 million ounces in proven and probable reserves and is focused both on gold production and exploration. The 5th largest gold mining company is Russia’s Polyus Gold, which has over 18 million ounces of gold reserves.
The 6th largest gold mining company is the United States’ Newmont Corporation. The company is focused on gold production and exploration, operating major gold mines in Nevada, Indonesia, and Ghana. In seventh place is China National Gold Group, with over 16 million ounces of proven and probable gold reserves.
Goldcorp is the 8th largest gold mining company in the world. The company has properties and operations in Canada, the United States, Mexico, and Central and South America, and is focused primarily on gold production and exploration. In 9th place is China’s Zijin Mining, with over 13 million ounces of reserves. The final entry on the list is Kinross Gold, which has over seven million ounces of gold reserves in Russia and Brazil.
As gold prices continue to rise, the demand for gold exploration and production will likely increase. Gold mining companies should take note of the list of the top 10 gold mining companies and use the information to guide their operations. These firms will need to continue to focus on production and exploration and, in order to stay ahead of the competition, remain agile as the global gold market continues to evolve.
