About This Statistic
This statistic represents the world mine production of gold from 2010 to 2016, sorted by the major gold producing countries worldwide. In 2010, Russia produced some 192 metric tons of gold.
Mine production of gold worldwide
China, Australia, and the United States are some of the largest producers of gold in the world. Global production of gold reached approximately 3,000 metric tons in 2015. However, the cost of production has also risen since the 2000s, from 263 U.S. dollars per ounce in 2001 to 981 U.S. dollars per ounce in 2010. Production in China has doubled since 2004 from 6.8 million ounces to an estimated 14.5 million ounces in 2014. However, large-scale gold production is minimal with only one mine exceeding 300,000 ounces of gold, the Zijinshan gold-copper mine in the Fujan Province. The production value of gold in the United States has increased from 4.9 billion U.S. dollars in 2006 to 12.6 billion U.S. dollars in 2012. Most gold mining is performed under large corporations around the world. However, there are smaller independent operations and in some cases, illegal mines have also been formed such as one in the Ashanti Region in Ghana where 18 people were killed in November 2009. One of the largest gold companies in the world, AngloGold Ashanti, is headquartered in Johannesburg, South Africa and was founded in 2004. It generated revenues of 5.2 billion U.S. dollars in 2014. It produced over 4.4 million ounces of gold in 2014, with over half of it being produced in Africa.