news

The world's largest gold producing countries in 2022 - report

Kitco Media
By Vladimir Basov
Published
Updated
Kitco News
The Leading News Source in Precious Metals

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage (often exclusive) of important industry events and analyses of market-affecting developments.

Welcome to Kitco News' 2023 Outlook Series. Uncertainty continues to dominate financial markets as central bank monetary policies push the global economy into a recession to cool down inflation. Stay tuned to Kitco News to learn from the experts on how to navigate turbulent financial markets in 2023.

(Kitco News) - Global gold mine production in 2022 amounted to ~3,100 tonnes and was in line with 2021 (3,090 tonnes). China was the largest gold producing country in 2022, followed by Australia and Russia.

According to the preliminary data released by the U.S. Geological Survey (USGS), global mine production of gold in 2022 was ~3,100 metric tonnes, in line with 2021 (3,090 tonnes).

USGS said that in 2022, production decreases in Papua New Guinea and the United States were more than offset by production increases in Colombia, Indonesia, and Burkina Faso.

Global gold production, 2007 – 2022, tonnes. 2022* - preliminary estimates. Source: USGS

China mine produced ~330 tonnes of gold in 2022, which is slightly more than in 2021 (329 tonnes), and was the largest gold mining country.

Australia was the second largest gold mining country (~320 tonnes), followed by Russia (~320 tonnes) and Canada (~220 tonnes). The United States is fifth with ~170 tonnes of gold mine produced in 2022.

Largest gold producing countries, 2022* vs. 2021, tonnes. 2022* - preliminary estimates. Source: USGS.

Kitco Media

Vladimir Basov

Vladimir (PhD, MEng in Mining) is a professional mining engineer, scientist and analyst that has more than 20 years of practical in-field and research experience. He is particularly interested in collecting, processing baseline data and writing insightful data-driven mining industry analytics, articles, statistical and research reports.

Mdi Earth Logo

Share

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.