How much gold is the world digging up each year and what countries produce the most?
According to data released this month by the World Gold Council (WGC), global gold mine production in 2020 was…down slightly for the second year in a row after rising consecutively for the past few years.
At one time South Africa…was the global leader in gold output, digging up over 1,000 tonnes in 1970, but since then its volume has rapidly declined. Last year it slipped out of the list of top 10 gold producers altogether…Peru also disappeared [from the list], making room for Uzbekistan, while Brazil advanced a few spots. Ghana remains the only African country to appear in the top 10.
Editor’s Note: The above version of the original article by Frank Holmes, has been edited ([ ]) and abridged (…) for the sake of clarity and brevity to ensure a fast and easy read. The author’s views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor. Also note that this complete paragraph must be included in any re-posting to avoid copyright infringement.
A Few Last Words:
- Click the “Like” button at the top of the page if you found this article a worthwhile read as this will help us build a bigger audience.
- Comment below if you want to share your opinion or perspective with other readers and possibly exchange views with them.
- Register to receive our free Market Intelligence Report newsletter (sample here) in the top right hand corner of this page.
- Join us on Facebook to be automatically advised of the latest articles posted and to comment on any of them.