TMAC Resources owns the Hope Bay gold mine in the Northern Territory of Nunavut, an operation that includes a port and air strips. "World mine reserves of gold as of 2019, by country (in metric tons)*." Live 24-hour Gold Price Spot Chart from New York, London, Hong Kong and Sydney. The country has now held its top position for over a decade. Please authenticate by going to "My account" → "Administration". Are you interested in testing our corporate solutions? February 7, 2020. And since gold is virtually indestructible, this means that almost all of this metal is still around in one form or another. Gold performs critical functions in computers, communications equipment, spacecraft, jet aircraft engines, and a host of other products. Below is a list of the top 50 countries with the largest gold reserves as of January 30, 2018. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook Total reserves (includes gold, current US$) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The World Precious Minerals Fund complements our Gold and Precious Metals Fund by giving investors increased exposure to junior and intermediate mining companies for added growth potential. Looking at proven and probable reserves only is also a moving target as gold prices and mine economics change. Statista. As soon as this statistic is updated, you will immediately be notified via e-mail. Closely watched projects outside the top 10 include Turquoise Hill’s Oyu Tolgoi open pit mine and underground expansion in Mongolia which ranks 11th with resources of 42.4moz, Newcrest and Harmony Gold’s Wafi-Golpu project in Papua New Guinea (no. Australia and South Africa hold a large share of the world’s gold mine reserves, accounting for 10,000 metric tons and 5,300 metric tons, respectively. You missed one although it is not able to be mined at this time, it is a bombing range. paper money), or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency.. The largest gold mine in the world is located in Indonesia. You only have access to basic statistics. Total reserves (includes gold, current US$) from The World Bank: Data Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). The World Gold Council and its Members have long believed that responsible gold mining can support sustained socio-economic development for the communities and countries that host gold mi… New, Everything you need to know about the industry development, Find studies from all around the internet. Corporate solution including all features. A gold reserve was the gold held by a national central bank, intended mainly as a guarantee to redeem promises to pay depositors, note holders, or trading peers, during the eras of the gold standard, and also as a store of value, or to support the value of the national currency. Sprott bullish on high quality gold stocks Teck mulls alternatives as coal strike looms Americas Gold sets 50 million-ounce Idaho silver target Endeavour Silver selling El Cubo mine to VanGold Sokoman drills 26.88 g/t gold over 5 metres at Moosehead Over the intervening 20 years more than 40 Moz has been mined there (plus a ~5 Moz in losses)… suggesting a remaining resource of ~105 Moz. Although gold is important to industry and the arts, it also retains a unique status among all commodities as a long-term store of value. UNITED STATES DEPARTMENT OF THE INTERIOR WALTER J. HICKEL, Secretary GEOLOGICAL … Today, we present the world’s Top 10 producing Gold Mines. For example, disclosed resources at Barrick Gold’s Goldstrike in Nevada which is one of only a handful of mines where annual output regularly tops 1moz, is half that of the world’s 20th largest deposit (NGEx’s Constellation project on the Chile-Argentina border). Compiling them was not easy because there are a few ways they can be ranked. They will be able to do higher level missions, with higher reward in gold, resources, or ITEMS for you. The main uses were in jewelry (50%) and electronics (37%). The size of a deposit is not always a good indication of the size or output of a mine. China’s production dropped by 40 MT in 2018, and the decrease is thought to be the result of increased environmental regulations. Most of that gold has come from just three countries: China, Australia, and South Africa. 19 – 22.8moz). Mine production: 400 MT Once again, China was the largest producer of gold in the world, mining 400 metric tons (MT) in 2018. The ideal entry-level account for individual users. The third-largest official gold reserves in the world are held by Italy. Profit from additional features by authenticating your Admin account. World's Largest Deposits of Gold As the wealth per capita increased so did the demand for gold. Directly accessible data for 170 industries from 50 countries Uzbekistan claims to have the largest open-pit gold mine in the world. Russia is the 4th largest gold producer in the world, and as Russia’s biggest producer, Olympiada was responsible for 9% of the total in 2012. Having depleted the resources in the South-South, they want to take their gold for their personal use and the Federal Government is turning a blind eye. As a result, demand rose, as did investment in bars and coins. The state-owned mine is not included in this list because operators Navoi Mining & Metallurgy Combinat does not disclose any figures, but resource guesstimates range anything from 50moz to 150moz despite being mined since 1967. About 244,000 metric tons of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons). Germany and China hold the largest gold reserves in Europe and Asia, respectively. It has also the second largest deposit of earthly minerals in the world. Available to download in PNG, PDF, XLS format, Access to this and all other statistics on 80,000 topics from, Global production of gold mines 2005-2019, Gold production sorted by major countries 2010-2019, Global demand for gold by purpose quarterly 2016-2020. The top producing gold mine in the world is Uzbekistan’s Muruntau which dependably pours more than 2 million ounces per year. ", US Geological Survey, World mine reserves of gold as of 2019, by country (in metric tons)* Statista, https://www.statista.com/statistics/248991/world-mine-reserves-of-gold-by-country/ (last visited December 23, 2020), World mine reserves of gold as of 2019, by country (in metric tons)*, Global market value of gold by sector 2018, Global market volume of gold by sector in 2018, World mine reserves of gold by country 2019, Distribution of global gold reserves by country 2018, Value of global mining and metals sector deals by targeted commodity 2018, Distribution of global gold production by country 2018, Global largest gold mines by production volume 2018, Greenhouse gas emission share from gold mining, by production stage, Global distribution of gold bar and coin demand by region 2018, Global gold import value by leading country 2019, Leading countries based on gold exports 2019, Leading gold producing companies worldwide 2019, Market capitalization of selected gold mining companies worldwide 2020, Gold production of Newmont Corporation 2009-2019, Barrick Gold's production of gold 2008-2019, AngloGold Ashanti's gold production 2009-2019, Price for an ounce of fine gold - London Fixing 2019-2020, Average prices for gold worldwide from 2014 to 2025, U.S. gold mine production by state 2009-2017, U.S. gold imports for consumption 2007-2019, Volume of gold produced by Acacia Mining in 2011-2017, Agnico-Eagle Mines' gold production 2006-2019, AngloGold Ashanti's number of employees 2009-2019, Direct & indirect GVA of the gold mining industry 2013, by world region, Agnico-Eagle Mines' average gold price realized 2008-2019, Mine openings in Canada by mine type 2006-2015, NALCO alumina hydrate production in India - by volume 2013-2016, Active mines in the U.S. by commodity 2018, Employees in the U.S. mining industry by sector 2018, Peru: distribution of mining conflicts 2017, by location, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Now that Polyus has bought the property we should see a JORC-compliant (Polyus’s reporting standard) resource some time in the future. This statistic is not included in your account. The list forgot to include the Sukhoi Log project in Siberia. They were shut down in the onslaught of WWII. A paid subscription is required for full access. Beginning in 2010, central banks around the world turned from being net sellers of gold to net buyers of gold. This feature is limited to our corporate solutions. The latest press release I could find (22 Feb 2017) estimates 930.3 mt of ore, grading 2.1 g/t gold for 62.8 moz of contained gold under the Russian Resource Estimation Standard or GKZ: (http://bit.ly/2oaLaug) . Gold production Reserves (tonnes) 1: China: 404 2,000 2: Australia: 319 9,800 3: Russia: 297 5,300 4: United States: 222 3,000 5: Canada: 189 2,200 6: Peru: 158 2,600 7: Indonesia: 137 2,500 8: Ghana: 130 1,000 9: South Africa: 130 6,000 10: Mexico: 115 1,400 11: Brazil: 97 2,400 12: Uzbekistan: 92 1,800 13 Sudan: 77 1,550: 14: Papua New Guinea: 69 1,300 15 Kazakhstan: 68 1,000 The best estimates currently available suggest that around 197,576 tonnes of gold has been mined throughout history, of which around two-thirds has been mined since 1950. Resources are the currency used in-game. New, Figures and insights about the advertising and media world, Industry Outlook You need a Single Account for unlimited access. Then you can access your favorite statistics via the star in the header. The minting of official coins accounted for 8% of the gold used, and 5% was for other uses. Gold quantity in the investment industry in North America 2008-2018, by form of gold Value of physical gold bar investment in North America 2008-2018, by … As such, … facts. World's Largest Surface Reservoir for Gold. Please do not hesitate to contact me. Back in 2007 the reported resource was 61.7 Moz. Due to its vast size, it covers most of the coal, timber and gold reservoirs. Another factor that may be responsible for the demand of gold is the growth of wealth in China. Best helper to gather Garrison Resources from around the world is Handynotes. Total natural resources rents (% of GDP) Estimates based on sources and methods described in "The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium" ( World … Italy. Australia has the largest gold reserves in the world, and they supply about 14.3% of the world’s demand. Since 1980 an increase of 20% of the population of China chose to live in urban areas. 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