According to GlobalData, South Africa is the world’s eighth-largest producer of gold, with output of 3,941koz in 2022, up by 3% on 2021. Over the five years to 2021, production from South Africa decreased by a CAGR of 1.14% and is expected to rise by a CAGR of 4% 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.
South Africa accounts for 3% of global production, with the other largest producers being China (11%), Australia (10%), Russia (8%) and Canada (7%).
Leading producers of gold in South Africa are Harmony Gold Mining, AngloGold Ashanti, Gold Fields, Sibanye Stillwater and Northam Platinum. Harmony Gold Mining's output was 1,339koz in 2021, up by 23% on 2020. AngloGold Ashanti produced 284.11koz, a decrease of 20%, and output from Gold Fields was 249.58koz, an increase of 5% on the previous year.
For more detailed analysis of gold in South Africa, buy the report here.