According to GlobalData, China is the world’s largest producer of gold, with output of 12,594koz in 2022, up by 6% on 2021. Over the five years to 2021, production from China decreased by a CAGR of 5.77% and is expected to drop by a CAGR of 0.69% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its report. Buy the report here.
China accounts for 11% of global production, with the other largest producers being Australia (10%), Russia (8%), Canada (7%) and the US (6%).
Leading producers of gold in China are Zijin Mining Group, Shandong Gold Group and Zhaojin Mining Industry. Zijin Mining Group's output was 562.44koz in 2021, up by 17% on 2020. Shandong Gold Group produced 550.49koz, a decrease of 38%, and output from Zhaojin Mining Industry was 405.86koz, a decrease of 37% on the previous year.
For more detailed analysis of gold in China, buy the report here.