According to GlobalData, Australia is the world’s second-largest producer of gold in 2022, with output up by 9% on 2021. Over the five years to 2021, production from Australia increased by a CAGR of 0.85% and is expected to drop by a CAGR of 1.01% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Gold Mining to 2026 report. Buy the report here.
Australia accounts for 10% of global production, with the largest producers being China, Russia, Canada and the US.
Leading producers of gold in Australia are Newmont, Newcrest Mining, Gold Fields, Evolution Mining, AngloGold Ashanti and Westgold Resources. During 2020-2021, Newmont's output was up by 1%, Newcrest Mining's output decreased by 11%, while output from Gold Fields increased by 5%.
For more detailed analysis of global gold mining, buy the report here.
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