10 largest gold producing nations 2015
TRANSCRIPT
10 LARGEST GOLD PRODUCING NATIONS 2015
10 LARGEST GOLD PRODUCING NATIONS 2015In our list of the 10 biggest gold producing nations for 2015, it actually
reveals that the majority of countries show only slightly higher
production rates for 2014. Some, even show negative growth. It’s an
interesting read, and with that, we give you the world’s top
gold-producing countries, as reported by 2015 Gold Survey by GFMS.
10 LARGEST GOLD PRODUCING NATIONS 2015
1. CHINA2014 Output: 461.8 tonnes
Not only is China the biggest
producer of gold, but a
significant margin, it is also the
biggest consumer.
2. AUSTRALIA2014 Output: 272.9 tonnes
Australia is holding on to the
World No. 2 spot as with
previous years.
3. RUSSIA2014 Output: 262.2 tonnes
Russia has a stellar year of
growth, which saw gold
production rise as much as 27%
in the first half of the year, one
source reported.
4. USA2014 Output: 205.0 tonnes
Gold production dropped for the
US in 2014, which meant Russia
leapfrogged to the World No.
5. PERU2014 Output: 172.6 tonnes
There was a decrease in Peru’s
gold production for 2014,
due to a reported crack down
on illegal operations and
lower-than-expected output
6. SOUTH AFRICA2014 Output: 163.8 tonnes
Gold production has been on the
decline in South Africa, which is
not that unexpected given that
roughly 64% of the world’s gold
was produced in South Africa in
1983. Gold production for 2014
was down 10 tonnes from 2013.
7. CANADA2014 Output: 153.8 tonnes
Canada’s gold production rose in
2014 by approximately 35
tonnes. However, after a year of
losses the Canadian gold
industry shifted its focus to cost
reductions and capital
expenditure cuts.
8. MEXICO2014 Output: 118.2 tonnes
Recent exploration has yielded
new discoveries, and yet Mexico’s
gold production saw a slight dip
for 2014. Let’s see how the next
few years play out.
9. INDONESIA2014 Output: 116.4 tonnes
Indonesia’s output grew by just
under seven tonnes.
10. GHANA2014 Output: 108.2 tonnes
Coming in with a strong 90 tonnes
of gold, Ghana takes the World
No. 10 spot. Ghana’s growth was
stable for 2014 despite falling
prices causing several mines to
suspend operations.
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