According to GlobalData, Australia is the world’s third-largest producer of gold in 2023, with output up by 3% on 2022. Over the five years to 2022, production from Australia decreased by a CAGR of 0.28% and is expected to rise by a CAGR of 2% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Australia Gold Mining to 2030 report. Buy the report here.
Australia accounts for 9% of global production, with the largest producers being China, Russia, Australia and Canada.
Leading producers of gold in Australia are Newcrest Mining, Newmont, Gold Fields, Evolution Mining, AngloGold Ashanti and Zijin Mining Group. During 2020-2021, Newcrest Mining's output was up by 14%, Newmont's output decreased by 3%, while output from Gold Fields increased by 2%.
For more detailed analysis of gold in Australia, buy the report here.
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