Thursday, January 5, 2023

Top Gold Producing Countries


 


Barry Kevin O'Rourke is the director at S.A.B. Mining in Georgetown, Guyana, where he manages the mining company. Away from work, Barry Kevin O'Rourke enjoys sports, football, politics, reading, and exercising. He is also interested in mineralogy.


Although gold is one of the world's rarest minerals accounting for between 0.001 and 0.006 parts per million of the earth's crust, some countries are rich in these unique elements, including China. China accounts for 11 percent of global mine production. Although the government's stricter environmental policies have reduced production, the country has remained in the top position for over a decade.


Australia's Pilbara region might be known for being one of the world's largest iron ore producers. Still, it has recently been a constant contributor to the country's consistently large gold output. Western Pilbara was first discovered for gold in 2017.


Russia ranked the third top gold producer in 2021, and the country is reportedly making arrangements to increase its gold production and become the world's largest gold producer by 2029.


Although the U.S.'s gold output has dropped in the past few years, it remains one of the world's gold producers. Over 40 lode mines, big mines in Alaska, and other placer mines in the West U.S. generated most of the nation's gold. In fact, 98 percent of the gold produced in America was produced by the top 26 enterprises in the nation.


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