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World top 10 gold producers - countries and companies

Posted on 08 May 2014

The new Gold and Silver Mining focus report from Metals Focus notes that the Russian Federation surpassed the U.S. as the world’s No. 3 gold producer in 2013, while South Africa regained the No.5 slot from Peru as it increased output marginally by 1% over strike hit 2012, while Peru’s output fell back by 3%. The No.1 and No.2 slots were retained by China and Australia respectively.
World gold production grew by around 5% compared with 2012 and Metals Focus anticipates a smaller further rise in global gold output in the current year, although the effects of the lower gold prices of the past two years may start to kick in in 2015 and we could start to see a period of secular decline in new mined gold output from 2015: Even if the gold price recovers as it will take time to re-implement deferred mining projects, or re-open shuttered operations………………………………………..Full Article: Source


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