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top 50 gold mining companies in the world

As of August 2019, mining company BHP Billiton reached a market value of over 121 billion U.S Sep 13, 2018Rio Tinto, as one of the largest metals and mining companies in the world, posted a market capitalisation of $73.79bn in 2017. 2. Barrick’s diversified portfolio spans many of the world’s prolific gold districts and is focused on high-margin, long-life assets.AngloGold Ashanti is third largest gold producer globally and the largest on the African continent, producing 3.3Moz and employing 34,263 people in 2019.

Despite a recent pullback in share prices, projections for growth insinuate Newmont will be the industry leader in short order.The total value of Newmont's assets is about $20.5 billion.Newmont produced 5.3 million ounces of gold, about the same amount as Barrick.Aside from Newmont, the Johannesburg-based mining company AngloGold Ashanti represents Barrick's strongest competition for the top spot in the industry. Market capitalisation of $9.28bn as at 31 December 2019.PJSC Polyus is the largest gold producer in Russia, fourth largest and lowest cost gold major miner in the world. We reviewed media coverage of the mining and metals industry, gathered information available from regulatory bodies and analyzed data furnished by national governments.

Polyus has overcome those costs to fuel massive increases in share price over the course of 2015 and 2016, after which the price stabilized.The company's new management team has inspired investor confidence in Russia and solid growth projections from forecasters around the world for 2019.In 2017, Polyus produced 2.2 million ounces of gold.Gold Fields Limited is the second-largest of South Africa's gold mining companies. Therefore, gold mining companies often work in parts of the world where corruption is common, and allegations of international law violations are not uncommon.We would be remiss not to point out that every company we review in this article has some sort of environmentally friendly initiative that runs counter to the claims of environmental damage from poor governments who seek to make money off fines. AngloGold Ashanti. The company runs a very efficient operation in terms of all-in sustaining cost compared to the largest gold mining companies in the world.Despite a checkered past, Gold Fields is on a bullish trajectory for 2019.As of 2018, Gold Fields Limited is valued at $782 million.In 2017, Gold Fields produced 2.2 million ounces of gold.Agnico Eagle Mines Limited is one of the largest gold mining companies in Canada. With 5.52 Moz of gold produced in 2016, Canadas Barrick Gold Corp. (TSEABX) holds first place in 2. Mar 31, 2019Barrick Gold Corporation is the largest gold mining company in the world, although its status is far from assured going forward. 6. The company’s attributable gold production is about 5 million ounces.Newmont Mining Corporation is the world’s largest gold producer based on market capitalization.China is the world’s largest gold producer with 455 tons of gold. As Mines and Metals reported previously, global output of gold in 2019 was ~3,300 metric tonnes, or in line with 2018 numbers.

Barrick Gold Corporation is the largest gold mining company in the world with annual production of approximately 5.5 million ounces of gold. It has total attributable annual gold-equivalent production of 2.2Moz, attributable gold-equivalent Mineral Reserves of 51.3Moz and Mineral Resources of 115.7Moz. The Company also holds the world’s second largest gold reserves with 64.4 million ounces of proven and probable gold reserves underpinning its strong growth profile. Newmont Goldcorp (TSXNGT,NYSENEM).

Mining-technology.com profiles the world’s ten biggest mining companies based on revenue earned in calendar year 2013.

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