1. Newmont Goldcorp Corporation
Headquartered in Greenwood Village, Colorado, Newmont Goldcorp Corporation is known for its top-level gold production, assets, reserves, and quality performance. Active in over 10 countries, the North America-based giant produced 6.4 million ounces of gold in 2023. It aims to reduce its environmental impact through sustainable mining policies and practices.
2. Barrick Gold Corporation
Barrick Gold Corporation, based in Toronto, Canada, ranks second in gold mining operations. Through 2019-2024, the company’s average gold production stood at 5.5 million ounces annually. This mining multinational operates in 13 countries, specializing in gold, copper, and nickel extraction.
3. AngloGold Ashanti
Based in Johannesburg, South Africa, AngloGold Ashanti produced 3.2 million ounces of gold in 2023, making it the third-largest gold-mining company. Working across 17 operations spread over nine countries, AngloGold Ashanti also delves into uranium production. The company distinguishes itself by implementing high safety standards across all its operations.
4. Polyus Gold
Russia’s largest gold producer, Polyus Gold, is noted for its technologically advanced techniques. The company produced 2.84 million ounces of gold in 2023. The majority of its resources come from the Olympiada Mine, a significant player in the global gold industry.
5. Gold Fields Limited
Gold Fields Limited, a globally diversified gold producer, is based in Johannesburg, South Africa, with seven operating mines in Australia, Ghana, Peru, and South Africa. In 2023, it produced 2.24 million ounces of gold. Gold Fields focuses on achieving strong margins, while also prioritizing sustainable and ethically responsible mining.
6. Kinross Gold Corporation
Kinross Gold Corporation, a Canadian-based gold and silver mining company, has projects in the Americas, West Africa, and Russia. In 2023, it produced approximately 2.7 million ounces of gold. The company continually delivers on growth projects and prides itself on its low-cost structure and diversified production.
7. Newcrest Mining Limited
Australian-based Newcrest Mining Limited stands out in low-cost gold mining. Active in Papua New Guinea, Indonesia, Australia, and Canada, the company produced about 2.5 million ounces of gold in 2023. Newcrest uses innovative approaches such as block caving to slash its mining costs.
8. Freeport-McMoRan Inc.
Primarily a copper producer, Freeport-McMoRan Inc. also mines significant quantities of gold from its Grasberg mine in Papua, Indonesia, making the company a contender in the gold industry. In 2023, the company produced 1.22 million ounces of gold, along with its prolific copper production.
9. Agnico Eagle Mines Limited
This Canadian-based company produced about 1.78 million ounces of gold in 2023 from its operations in Canada, Finland, Mexico, and the U.S. Agnico Eagle Mines Limited also maintains a strong focus on creating high-grade reserves and a large drilling budget to ensure its continuation as a leading gold producer.
10. China National Gold Group Corporation (CNGC)
The only Chinese company on our list, CNGC, is the largest gold producer in China, with mines in multiple provinces. The company produced about 1.62 million ounces of gold in 2023. CNGC also operates in Tajikistan, one of the newest gold producing countries.
