List of Global Spice Gold Companies

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Gold has been one of the most sought after products across cultures for over a thousand years. It has been the cause of wars and the foundation of colonies and nations. Gold has long been a symbol of wealth and power, used as currency, in jewelry, for architectural embellishments, and as a component in modern technology. Today, gold mining is a large industry worldwide and a major economic contributor to the gross domestic product GDP of some nations. Global gold production fluctuates from country to country on a yearly basis. The production of gold decreased in by 2. The costs of running a gold mine increased by 4. The following year, 11 of 14 major gold producing countries reported an increase in output. By , that number was down to 6 of 14 and in , it rose to 9 countries. This is because the increased production of North America and Indonesia was canceled out by the decreased production in China and throughout Africa. The final numbers for are expected to show a global decrease. The gold output of a specific country was not necessarily produced by a domestic company. In fact, it was most likely produced by a large, international organization. These gold companies have invested in gold exploration, exploitation, and production in several other countries around the world. A measurement of their size, therefore, is based on a combined report of their mining work on a global level. Ranking gold mining companies can be determined by several methods. One measurement is based on annual production levels, that is, the weight of gold produced every year. Another method is by measuring their production costs. Other measurements include market capitalization and enterprise value. Canada owns 4 of the top 10 largest gold companies in the world. Two of these companies are South African. The number one gold company in the world, in annual production, is Barrick Gold. This Canadian company has taken the number 1 spot for several years in a row despite seeing a drop in production from to During this time, Barrick Gold was implementing a structural readjustment project that resulted in production changes. In , the company announced that it would be measuring its success in terms of financial results rather than production amounts. In , the company produced a total of It has mining operations in 10 countries: The second largest gold company in the world is Newmont Mining, a US-owned organization. Although in the number 2 spot, its production levels have significantly decreased compared to and Its most recent gold output is Worldwide, it employs approximately 34, employees and contractors. In , this company produced This number represents a three-year consecutive drop in production. AngloGold Ashanti operates in 9 countries. This year, it has reported that an illegal mining operation has taken control of its Obuasi mine in Ghana. This page was last updated on April 25,

List of Global Spice Gold Companies

List Of Gold Companies In Malaysia

The World's Largest Gold Companies

Gold Mining Companies Listed in Australia

Spice Global

Spice Global

List Of Gold Companies In Malaysia

The World's Largest Gold Companies

Gold Mining Companies Listed in Australia

Gold Mining Companies Listed in Australia

List Of Gold Companies In Malaysia

List Of Gold Companies In Malaysia

Gold Mining Companies Listed in Australia

List Of Gold Companies In Malaysia

List Of Gold Companies In Malaysia

Spice Global

The World's Largest Gold Companies

The World's Largest Gold Companies

Gold Mining Companies Listed in Australia

Spice Global

Spice Global

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