Gold has been one of the most sought-after precious metals since civilization began, valued for its beauty, rarity, and symbolic meaning. Its natural properties have made it an essential store of wealth across the world. In the modern era, gold mining has become increasingly industrialized, with large international companies dominating the industry. Here is a list of the top 10 gold mining companies in the world, ranked by production figures in 2020.
1. Newmont Corporation
Newmont Corporation is one of the largest gold mining companies in the world, with operations extending from the United States to Australia and Africa. The company currently produces 5 million ounces of gold per year and has a large portfolio of gold and copper projects under development.
2. Barrick Gold Corporation
Barrick Gold Corporation is another major gold producer, with operations spread across the Americas, Africa, and Australia. The company is currently producing 6 million ounces of gold per year and has a wide variety of gold-bearing assets under management.
3. AngloGold Ashanti
AngloGold Ashanti is a leading gold mining company based in South Africa that has operations in several African countries and the United States. The company currently produces 5 million ounces of gold per year and has a large investor base.
4. Gold Fields Limited
Gold Fields Limited is a gold mining company based in South Africa that has operations in multiple countries. The company currently produces 3 million ounces of gold per year and is one of the major players in the global gold production market.
5. Freeport-McMoRan
Freeport-McMoRan is a large mining corporation based in the United States that has operations in over a dozen countries. The company currently produces 1.5 million ounces of gold per year and has a large footprint in the global copper and gold production markets.
6. Kinross Gold Corporation
Kinross Gold Corporation is a Canadian gold mining company that has operations in the United States, Brazil, Chile, Ghana, Mauritania, and Russia. The company currently produces 2.7 million ounces of gold per year and is expanding its operations around the world.
7. Polyus
Polyus is a Russian gold mining company that has operations in several countries, including Kazakhstan, Russia, and Uzbekistan. The company currently produces 2 million ounces of gold per year and is one of the leading gold producers in the region.
8. Goldcorp
Goldcorp is a Canadian gold mining company that has operations in the United States, Mexico, Ecuador, and Peru. The company currently produces 1.8 million ounces of gold per year and has a large portfolio of gold-rich projects under management.
9. Newcrest Mining
Newcrest Mining is an Australian gold mining company that has operations in Papua New Guinea, Indonesia, and Australia. The company currently produces 1.5 million ounces of gold per year and is one of the premier gold producers in the region.
10. Anglo American plc
Anglo American plc is a mining conglomerate based in the United Kingdom that has operations in Africa, South America, and Australia. The company currently produces 1.3 million ounces of gold per year and has a large portfolio of gold-bearing assets under management.
This list of the top 10 gold mining companies in the world is sure to be of interest to any gold enthusiast. Whether you’re considering investing in gold, or simply curious about the industry, these leading companies are sure to have you interested and informed.