According to GlobalData, Papua New Guinea is the world’s eighteenth-largest producer of gold, with output of 1,639koz in 2022, up by 4% on 2021. Over the five years to 2021, production from Papua New Guinea decreased by a CAGR of 9.58% and is expected to rise by a CAGR of 12% 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.
Papua New Guinea accounts for 1% of global production, with the other largest producers being China (11%), Australia (10%), Russia (8%) and Canada (7%).
Leading producers of gold in Papua New Guinea are Newcrest Mining, Zijin Mining Group, Harmony Gold Mining and Barrick Gold. Newcrest Mining's output was 713.87koz in 2021, down by 11% on 2020. Zijin Mining Group produced 288.60koz, an increase of 17%, and output from Harmony Gold Mining was 230.15koz, an increase of 23% on the previous year.
For more detailed analysis of gold in Papua New Guinea, buy the report here.
Subscribe to our Newsletters
Get industry leading news, data and analysis delivered to your inbox
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.
