Top independent precious metals consultancy, Metals Focus, has published its latest analysis of the World’s gold supply and demand and the following 3 tables break down global production showing the Top 20 gold producing nations, companies and mining operations last year and their relative performances compared with a year earlier. What will perhaps be disappointing for gold investors and some analysts is that the figures do not yet show that Peak Gold has been achieved, with new mine production growing by around 1.8% last year,
Table 1: Top 20 Gold Producing Nations 2017/2018 (Tonnes)
| Rank | Country | 20 18 Output | 2017 Output | % Change |
| 1 | China | 404 | 429 | -5.9% |
| 2 | Australia | 315 | 293 | +7.6% |
| 3 | Russia | 297 | 281 | +5.9% |
| 4 | USA | 222 | 236 | -6.3% |
| 5 | Canada | 189 | 171 | +10.4% |
| 6 | Peru | 158 | 167 | -4.9% |
| 7 | Indonesia | 137 | 114 | +20.0% |
| 8 | Ghana | 131 | 130 | +0.7% |
| 9 | South Africa | 130 | 154 | -15.7% |
| 10 | Mexico | 115 | 119 | -3.4% |
| 11 | Brazil | 97 | 96 | +1.3% |
| 12 | Uzbekistan | 92 | 89 | +3.9% |
| 13 | Sudan | 77 | 88 | -13.0% |
| 14 | Papua New Guinea | 69 | 64 | +7.4% |
| 15 | Kazakhstan | 68 | 56 | +22.1% |
| 16 | Mali | 61 | 50 | +21.3% |
| 17 | Argentina | 60 | 63 | -4.6%% |
| 18 | Burkina Faso | 59 | 53 | +12.8% |
| 19 | Tanzania | 48 | 55 | -12.7% |
| 20 | DR Congo | 45 | 37 | +22.8% |
| Others | 728 | 697 | +4.4% | |
| Total | 3,503 | 3,442 | +1.8% |
Source: Metals Focus, lawrieongold
Table 2: Top 20 Gold Mining Companies 2017/2018 (Tonnes)
| Rank | Company | 2018 Output | 2017 Output | % Change |
| 1 | Newmont Mining | 158.7 | 163.8 | -3% |
| 2 | Barrick Gold | 140.8 | 165.6 | -15% |
| 3 | AngloGold Ashanti | 105.8 | 116.8 | -9% |
| 4 | Kinross Gold | 76.5 | 78.6 | -3% |
| 5 | Polyus Gold | 75.9 | 67.2 | +13% |
| 6 | Freeport McMoran | 75.9 | 49.1 | +55% |
| 7 | Newcrest Mining | 76.7 | 71.1 | +6% |
| 8 | Goldcorp | 71.4 | 79.9 | -11% |
| 9 | Navoi MMC (est) | 64,7 | 62.3 | +4% |
| 10 | Gold Fields | 58.9 | 62.5 | -6% |
| 11 | Agnico Eagle Mines | 50.6 | 53.3 | -5% |
| 12 | Shandong Gold | 47.7 | 43.9 | +4% |
| 13 | Harmony Gold | 44.1 | 34.0 | +30% |
| 14 | China National Gold | 40.4 | 42.4 | -5% |
| 15 | Randgold Resources | 39.9 | 40.9 | -2% |
| 16 | Polymetal | 37.8 | 33.4 | +13% |
| 17 | Zijin Mining | 37.0 | 37.5 | -1% |
| 18 | Sibanye Gold | 36.6 | 43.6 | -16% |
| 19 | Yamana Gold | 32.1 | 30.4 | +6% |
| 20 | Glencore | 31.2 | 32.1 | -3% |
Source: Metals Focus, lawrieongold
Table 3. World’s 20 largest gold mines in 2018 (Production in tonnes)
| Rank | Mine | Country | Owner(s) | 2018 | 2017 | Change |
| 1 | Grasberg | Indonesia | Govt ., Freeport | 83.9 | 43.3 | +74% |
| 2 | Muruntau | Uzbekistan | Govt. | 61.5 | 61.0 | +1% |
| 3 | Olimpiada | Russia | Polyus | 41.1 | 36.6 | +12% |
| 4 | Cortez | USA | Barrick | 39.3 | 45.0 | -13% |
| 5 | Lihir | PNG | Newcrest | 30.3 | 28.6 | +6% |
| 6 | Pueblo Viejo | Dominican Rep | Barrick/Goldcorp | 30.1 | 33.7 | -11% |
| 7 | Zarahshan | Uzbekistan | Govt. | 30.0 | 30.0 | – |
| 8 | Carlin | USA | Newmont | 28.8 | 30.2 | -5% |
| 9 | Goldstrike | USA | Barrick | 26.0 | 26.9 | -3% |
| 10 | Kibali | DRC | Randgold/AngloGold/Sokimo | 25.1 | 18.5 | +35% |
| 11 | Cadia Valley | Australia | Newcrest | 23.4 | 17.0 | +38% |
| 12 | Boddington | Australia | Newmont | 22.1 | 24.5 | -10% |
| 13 | Canadian Malartic | Canada | Agnico Eagle/Yamana | 21.7 | 19.7 | +10% |
| 14 | Kalgoorlie Super Pit | Australia | Newmont/Barrick | 19.5 | 22.9 | -15% |
| 15 | Detour Lake | Canada | Detour Gold | 19.3 | 17.8 | +9% |
| 16 | Geita | Tanzania | AngloGold | 17.5 | 16.8 | +5% |
| 17 | Veladero | Argentina | Barrick/Shandong | 17.3 | 19.9 | -13% |
| 18 | Kumtor | Kyrgyzstan | Centerra | 16.6 | 17.5 | -5% |
| 19 | Merian | Suriname | Newmont/ Govt. | 16.6 | 16.0 | +4% |
| 20 | Yanacocha | Peru | Newmont/Buenaventura/Sumitomo | 16.5 | 16.6 | -1% |
Source: Metals Focus, lawrieongold
Super gold producer’s
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Could you pls. send a mail with the Content of the above article for private use pls.I cannot print.RGDS
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