According to GlobalData, Mexico is the world’s seventh-largest producer of gold in 2022, with output up by 4% on 2021. Over the five years to 2021, production from Mexico decreased by a CAGR of 1.11% and is expected to drop by a CAGR of 2.11% 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.
Mexico accounts for 4% of global production, with the largest producers being China, Australia, Russia and Canada.
Leading producers of gold in Mexico are Industrias Penoles, Agnico-Eagle Mines, Argonaut Gold, First Majestic Silver, Coeur Mining and Minera Frisco. During 2020-2021, Industrias Penoles's output was down by 1%, Agnico-Eagle Mines's output increased by 20%, while output from Argonaut Gold increased by 37%.
For more detailed analysis of global gold mining, buy the report here.
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