What are the main gold producing countries in the world?

It is reported that the global gold mine output in 219 was 3,463.7 tons, down 1% from the previous year, which is the first year-on-year decline since 28. The following are more detailed information about the top 1 gold producing countries in 219, starting with China, the largest producer and consumer of gold. All data are from the World Gold Council.

1. China–383.2 tons

For many years, China has been the largest producer, accounting for 11% of the global mineral resources. However, the output dropped from nearly 4 tons last year, which was the third consecutive year. The downward trend is mainly due to the stricter environmental policies implemented by the government. For example, stricter control over cyanide use in gold mines has forced some enterprises to cut production.

2. Russia–329.5 tons

83% of the gold in Europe comes from Russia, and its output has been increasing every year since 21. Russia leads Australia to become the second largest producer in the world-the mining volume in 219 increased by 5 tons over the previous year. Russia is the biggest buyer of Russian gold, and the Russian government has bought about two-thirds of all gold produced locally.

3. Australia–325.1 tons

Australia has achieved output growth for seven consecutive years and increased by 4% in 219. The mineral industry accounts for more than half of Australia's total exports, accounting for about 8% of GDP. The increase in output of several mines and the increase in projects such as Morgan Hill and Cartier Valley have contributed to the increase in output.

4. United States–2.2 tons

American gold production decreased by 11% in 219, ending five years of continuous growth. Twelve states produced this gold, worth about $8.9 billion, accounting for 6.1% of the global total. About 78% of gold produced in the United States comes from Nevada. If the state is regarded as a country, it will rank sixth on this list, with 173.6 tons of mining in 219.

5. Canada–182.9 tons

Although the output decreased slightly in 219, Canada has been ranked fifth for three consecutive years. New projects in Nunavut, Yukon and Quebec are expected to support stronger production in 22. It is estimated that the output of gold mines in Canada will increase by 2.7% annually from 219 to 223, reaching 7.6 million ounces.

6. Peru–143.3 tons

Peru's gold production declined for the fourth consecutive year, mainly due to the crackdown on illegal mining operations in La Pampa area and the reduction in mining low-grade gold mines.

7. Ghana–142.4 tons

Ghana is the largest gold producer in Africa. It beat South Africa to become the top spot in 219 and is also famous for its reserves of various industrial minerals. Industry giants such as AngloGold Ashanti and Gold Fields have shifted their attention from South Africa to Ghana, where deposits are cheaper and easier to mine. This West African country has about 1, metric tons of gold reserves, rising from the 1th place last year to the 7th place.

8. South Africa–118.2 tons

South Africa used to be the largest gold producer in the world, but it has been slowing down every year since 28, but its output increased by several tons in 213. The country is struggling to cope with rising electricity and labor costs, and many mines are closed because of unprofitable. However, South Africa is still home to the world's deepest gold mine, Mponeng Gold Mine, which extends 2.5 miles underground.

9. Mexico–111.4 tons

Although the output has decreased for the fourth consecutive year, Mexico is still a competitive source of gold. The output increased from 5.8 tons in 28 to more than 13 tons in 217, the largest increase in nine years. Mexico is an attractive mining site because of its relatively low regulatory costs. The slowdown in 219 was attributed to disputes between local communities and contractors.

1. Brazil–16.9 tons

Brazil's gold production is 1 tons more than the previous year, ranking 1th on the list. Illegal mining activities in the center of amazon rain forest have increased dramatically in the past five years. President Jair Bolsonaro has pushed the country to develop Amazon economically and exploit its mineral resources.