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Top 10 Gold Producers


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Global gold mine production increased by 3 percent over the third quarter of this year to approximately 659 tonnes, as a number of new operations either came online or increased production.

Increased Australian production contributed to the majority of the output growth, although Mexico and Argentina also exhibited positive production on an annualized basis. Offsetting the impact of these developments was a decline in production in Indonesia, Russia and Peru.

The decline in production in Indonesia should not be a point of concern for investors as its production totals in 2009 had increased almost 66 percent last year, the largest one year production increase of any country in the world. Last year the only other top 10 gold producing country in the world to demonstrate double digit growth in annual production was Ghana, with a 13 percent increase.

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Top 10 Gold Producers

  1. 1. The Top 10 Gold Producers
  2. 2. Global Production in 2012 Global gold mine production increased by 3 percent overthe third quarter of 2012 to approximately 659 tonnes This was led by big output increases in Australia, Mexicoand Argentina. The world’s top ten mining companies are largely based inCanada, the USA and Australia.
  3. 3. 1. Barrick Gold $ABX.CA Operates 26 gold mines globally. Has a goal of reaching 7.6 to 8.0 million ounces ofgold produced during 2012. Company Objective: “to be the world’s best goldcompany by finding, acquiring, developing andproducing quality reserves in a safe, profitable andsocially responsible manner.”
  4. 4. 2. Newmont Mining $NMC.CA has operations in eight countries spanning fivecontinents. At the end of last year, Newmont had proven andprobable gold reserves of 91.8 million equity ounces. Newmount is the first gold company to be a part of theS&P 500 Index, Fortune 500 and Dow Jones SustainabilityWorld Index.
  5. 5. 3. AngloGold Ashanti $AU is a South Africa based top producing company with21 operations across four continents and ten countries. At the end of 2009, the amount of both proved andprobable ore reserves totalled 71.4 million ounces. Vision: to become the leading global miner, whilerespecting natural environments, valuing people andminimizing costs and maximizing profits for shareholders.
  6. 6. 4. Gold Fields $GFI is a producer of gold and holder of gold reserves inSouth Africa, Ghana, Australia and Peru. The company reported 78 million ounces of goldequivalent reserves. Total mineral resources estimated of 281 million ounces.
  7. 7. 5. Newcrest Mining Newcrest operates seven gold mines inAustralia, Indonesia and Papua New Guinea The company is based in Australia Newcrest is focused on the discovery of new ore bodiesto continue its current success The company is listed on the TSX, ASX
  8. 8. 6. Kinross Kinross is a Canadian-based mining company withoperations in South America and Russia. Last year Kinross reported a gold reserve base ofapproximately 46 million ounces. The company’s operating cash flow rose by almost 50%last year to sit at $937 million
  9. 9. 7. Goldcorp. Goldcorp is a TSX-listed international mining companywith huge upside potential The company is forecasting a production increase of 57%over the next five years Goldcrop’s cashflow in 2009 totaled almost $1.2 billionwhile it’s production reached 2.42 million ounces
  10. 10. 8. Yamana Gold Yamana Gold is a Canadian gold producer The company has with significant production anddevelopment stage properties, inBrazil, Argentina, Chile, Mexico and Colombia. The company has an estimated 19.4 million ouncesof reserves with 46.4 million ounces of total mineralresource estimates.
  11. 11. 9. Agnico-Eagle Mines Agnico-Eagle Mines is a gold producer with miningoperations in northwestern Quebec, northernMexico, northern Finland and Nunavut. The company aims to grow gold mineral reserves tobetween 20 million and 21 million ounces by the end ofthe current year through aggressive exploration.
  12. 12. 10. Polyus Gold Polyus Gold is a gold producer in Russia and Kazakhstan The company operates minesand development/exploration projects located in 5major gold mining regions of Russia In 2009, Polyus Gold production in Russia totaled 1.3million ounces. The company’s reserves are reported tobe 74.1 million ounces
  13. 13. Conclusion Read the full article on – World’sTop 10 Gold Producers For more powerpoint presentations about Gold Investingplease visit: Publishing assistance provided by IR Smartt Inc