According to GlobalData, South Africa is the world’s eleventh-largest producer of gold in 2023, with output up by 12% on 2022. Over the five years to 2022, production from South Africa decreased by a CAGR of 6.66% and is expected to rise by a CAGR of 3% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Gold Mining to 2030 report. Buy the report here.
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South Africa accounts for 3% of global production, with the largest producers being China, Russia, Australia and Canada.
Leading producers of gold in South Africa are Harmony Gold Mining, AngloGold Ashanti, Gold Fields, Sibanye Stillwater and Northam Platinum. During 2020-2021, Harmony Gold Mining's output was down by 8%, AngloGold Ashanti's output increased by 12%, while output from Gold Fields increased by 2%.
For more detailed analysis of global gold mining, buy the report here.
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