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The U.S. mining company Newmont was the world's largest gold producing company in the first half of 2023 (H1 2023), with production amounting to 2.51 million ounces of gold.
Jul 7, 2024 · Despite an 8% decline in output from 2022, Newmont remains the top gold producer with 5.5 million oz. across its global operations, which span four continents. The Denver, Colorado-based company...
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- Newmont (TSX:NGT,NYSE:NEM) Production: 185.3 MT. Newmont was the largest of the top gold-mining companies in 2022. The firm holds significant operations in North and South America, as well as Asia, Australia and Africa.
- Barrick Gold (TSX:ABX,NYSE:GOLD) Production: 128.8 MT. Barrick Gold lands in second place on this list of top gold producers. The company has been active on the M&A front in the last five years — in addition to merging its Nevada assets with Newmont in 2019, the company closed its acquisition of Randgold Resources the prior year.
- Agnico Eagle Mines (TSX:AEM,NYSE:AEM) Production: 97.5 MT. Agnico Eagle Mines produced 97.5 MT of gold in 2022 to take the third spot on this top 10 gold companies list.
- AngloGold Ashanti (NYSE:AU,ASX:AGG) Production: 85.3 MT. Coming in fourth on this top gold-mining companies list is AngloGold Ashanti, which produced 85.3 MT of gold in 2022.
- Newmont
- Barrick Gold
- Agnico Eagle
- Goldfields
- AngloGold Ashanti
- Newcrest
- Kinross Gold
- Northern Star Resources
- Endeavour Mining
- Harmony Gold
US based Newmont is in top spot, reporting 2,758 koz of gold produced in the first half of the year. Newmont has operations in Africa, Australia, South America and the US – where Nevada Gold Mines, the world’s largest gold mining complex, is a joint venture with Barrick Gold.
In second place is Canada’s Barrick, which produced 2,099 koz of gold in H122 from its global operations. Barrick’s CEO Mark Bristow said this month that inflation “isn’t going away in a hurry” and has famously called for the industry to consolidate.
Agnico Eagle, which closed a $10 billion merger with Kirkland Lake Gold early this year, takes third place, with 1,547 koz of gold produced from its operations in Canada, Australia, Finland and Mexico. Following the merger to the two Canadian companies, Agnico continued to operate under the same same.
Johannesburg-headquartered Goldfields produced 1,129 koz of gold from its operations in Africa, Australia and Peru. Goldfields grabbed headlines this year when it announced it was buying Canada’s Yamana Gold in an all-share deal worth $6.7 billion, which makes it the world’s fourth largest gold producer.
In fifth place is South Africa’s Anglogold Ashanti, which produced 1,110 koz of gold in the fist half from its operations in Africa, Australia and the Americas. Early this year shareholders of Canada’s Corvus Gold voted in favour of AngloGold Ashanti taking control of the company in a deal estimated at $370 million.
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.
Canada’s Kinross Gold is number seven, producing 824 koz of gold from its operations in the Americas and Mauritania in the first half 2022. Kinross suspended its operations in Russia in early March to comply with Western sanctions against Moscow over its invasion of Ukraine. In June, Kinross sold the Kupol mine and Udinsk project to Highland Gold M...
Australia’s Northern Star Resources produced 791 koz of gold from its operations in Australia and Alaska. In 2020, Northern Star bought Newmont’s 50% stake in Western Australia’s Kalgoorlie iconic Super Pit mine and its associated assets for $775 million.
Endeavour Mining is the only European miner to make our list – the UK company produced 734 koz of gold from its mines in Côte d’Ivoire, Burkina Faso and Senegal. In April, Endeavour said it will proceed with the expansion of the Sabodala-Massawa mine complex in Senegal.
Rounding out the top 10 is South Africa’s Harmony Gold, which produced 691 koz of gold from its assets in the home country and Papua New Guinea. In June, Harmony Gold started construction of three 10 megawatt solar photovoltaic plants in South Africa. Click here for more Miningintelligence data.
- Newmont. US based Newmont is in top spot, reporting 2,758 koz of gold produced in the first half of the year. Newmont has operations in Africa, Australia, South America and the US — where Nevada Gold Mines, the world’s largest gold mining complex, is a joint venture with Barrick Gold.
- Barrick Gold. In second place is Canada’s Barrick, which produced 2,099 koz of gold in H122 from its global operations. Barrick’s CEO Mark Bristow said this month that inflation “isn’t going away in a hurry” and has famously called for the industry to consolidate.
- Agnico Eagle. Agnico Eagle, which closed a $10 billion merger with Kirkland Lake Gold early this year, takes third place, with 1,547 koz of gold produced from its operations in Canada, Australia, Finland and Mexico.
- Goldfields. Johannesburg-headquartered Goldfields produced 1,129 koz of gold from its operations in Africa, Australia and Peru. Goldfields grabbed headlines this year when it announced it was buying Canada’s Yamana Gold in an all-share deal worth $6.7 billion, which makes it the world’s fourth largest gold producer.
Jun 6, 2024 · China, Australia and Russia are the largest producers of gold in the world. Learn about them and the other top gold mining countries here.
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Apr 26, 2023 · Around 31% of the world’s gold production in 2022 came from three countries—China, Russia, and Australia, with each producing over 300 tonnes of the precious metal.
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