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.
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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.
