Following are the world’s top 10 and top 20 largest gold producing companies ranked by gold production and market capitalization. Barrick Gold Corporation is the largest gold mining company in the world with annual production of approximately 5.5 million ounces of gold. Barrick’s five core mines are Cortez and Goldstrike in Nevada, Pueblo Viejo in the Dominican Republic, Lagunas Norte in Peru and Veladero in Argentina. Newmont Mining Corp, headquartered in Greenwood Village (Colorado, USA), is the second largest gold producer in the world. The company’s attributable gold production is about 5 million ounces.
Rank | Company | Country | Gold Production (million ounces) |
1 | Barrick Gold | Canada | 5.52 |
2 | Newmont Mining | USA | 4.90 |
3 | AngloGold Ashanti | South Africa | 3.63 |
4 | Goldcorp Inc | Canada | 2.87 |
5 | Kinross Gold | Canada | 2.79 |
6 | Newcrest Mining | Australia | 2.46 |
7 | Gold Fields | South Africa | 2.15 |
8 | Polyus PJSC | Russia | 1.97 |
9 | Agnico Eagle Mines | Canada | 1.66 |
10 | Sibanye Gold Ltd | South Africa | 1.51 |
Top 20 Gold Companies by Market Capitalization
Newmont Mining Corporation is the world’s largest gold producer based on market capitalization.
Rank | Company | Headquarters | Market capitalization, US$b (January 17, 2018) |
1 | Newmont Mining | USA | 21.3B |
2 | Barrick Gold Corporation | Canada | 17.7B |
3 | Franco-Nevada Corp | Canada | 14.6B |
4 | Newcrest Mining | Australia | 14.4B |
5 | Goldcorp Inc | Canada | 13.0B |
6 | Polyus PJSC | Russia | 12.1B |
7 | Agnico Eagle Mines Ltd | Canada | 11.1B |
8 | Randgold Resources Ltd | Channel Islands | 9.4B |
9 | Kinross Gold Corp | Canada | 5.6B |
10 | AngloGold Ashanti Ltd | South Africa | 4.6B |
11 | Compania de Minas Buenaventura | Peru | 4.1B |
12 | Gold Fields Ltd | South Africa | 3.5B |
13 | Kirkland Lake Gold Ltd | Canada | 3.5B |
14 | Yamana Gold Inc | Canada | 3.3B |
15 | B2Gold Corp | Canada | 3.1B |
16 | IAMGOLD Corp | Canada | 2.9B |
17 | Sibanye Gold Ltd | South Africa | 2.8B |
18 | Alamos Gold | Canada | 2.4B |
19 | Endeavour Mining Corporation | UK | 2.3B |
20 | Pretium Resources Inc | Canada | 2.1B |
21 | New Gold Inc | Canada | 2.0B |
22 | Detour Gold Corp | Canada | 2.0B |
Top 10 Gold Producing Countries
China is the world’s largest gold producer with 455 tons of gold. The top 10 countries produced approximately 1,969 tons of gold in 2016.
Gold Production (tons)
Rank | Country | 2016 | 2015 | 2014 |
1 | China | 455 | 450 | 490 |
2 | Australia | 270 | 278 | 274 |
3 | Russia | 250 | 252 | 247 |
4 | USA | 209 | 214 | 210 |
5 | Canada | 170 | 153 | 152 |
6 | Peru | 150 | 145 | 140 |
7 | South Africa | 140 | 145 | 152 |
8 | Mexico | 125 | 135 | 118 |
9 | Uzbekistan | 100 | 102 | 100 |
10 | Indonesia | 100 | 97 | 69 |