Good day, fellow gold lovers, how are you all doing? i am back again with another interesting post for, today i will be giving us the stats of top gold producing countries in the world.
1* China
number one this list is China, China has been the top producing nation over the years now, they amount for over 10 percent of global mine production. although there has been decline in their number but they still account for 332 tonnes of Gold in latest data released.
2* Russia
Number two on the list is Russia. Russia is the largest gold-producing country in Europe, their production have been increasing for years and we might see them at number one in few years. they account for 330.9 tonnes of gold in the latest data released. another thing about Russia gold is that the Russia government buys like 70% of the gold since they are practicing a socialist system of government.
3* Australia
Taking the third spot is Australia with 315.1 tonnes produced. this is lower than last year number but they have had a good increase in production over the years. interesting thing about Australia gold is that gold is very core to Australia exports.
4* Canada
the fourth on the list is Canada, producing 192.9 tonnes to overtake the USA at number 4 after holding the number 5 position for years. the increase in production might see them have a higher number next year.
5* USA
As you already know USA hold the number 5 after being overtaken by Canada, since their production reduced to 186.8 tonnes, and we might see more reduction in next year list with the rate of inflation going high in USA.
6* Ghana
Ghana is the largest gold producer in Africa after it increased it production when big gold mine companies preferred the ghana,market than south Africa around 2018, 2019. Ghana currently produced 129.2 tonnes of gold, and there is good probability of a good increase in production.
7* peru
Peru broke into the list with a good increase in production and currently produces 127.3 tonnes of gold. we will see how they fair in the long run.
8* mexico
Mexico are not only the largest producer of silver but among the top producing gold countries in the world. they currently produce 124.5 tonnes of gold, shows they have an increase in production after the fall in production they saw over the years.
9* indonesia
Taking the number 9 is Indonesia who has the second largest goldmine in the world. they currently produce 117.5 tonnes of gold, this is an increase in their production compared to last year number.
10* South Africa
South Africa is the second largest gold producing country in Africa, and holds the 10th position here, currently producing 113.6 tonnes of gold, this shows a fall in their production.
source
That is it from me today, this information was gotten from source , thank you for your time, see you next time.
