According to GlobalData, Australia is the world’s second-largest producer of gold, with output of 11,699koz in 2022, up by 9% on 2021. Over the five years to 2021, production from Australia increased by a CAGR of 0.85% and is expected to drop by a CAGR of 1.01% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Gold Mining to 2026 report. Buy the report here.
Australia accounts for 10% of global production, with the other largest producers being China (11%), Russia (8%), Canada (7%) and the US (6%).
Leading producers of gold in Australia are Newmont, Newcrest Mining, Gold Fields, Evolution Mining, AngloGold Ashanti and Westgold Resources. Newmont's output was 1,181koz in 2021, up by 1% on 2020. Newcrest Mining produced 1,044koz, a decrease of 11%, and output from Gold Fields was 1,041koz, an increase of 5% on the previous year.
For more detailed analysis of global gold mining, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
