Largest gold companies
Gold mining companies can be ranked by various metrics, including annual production, cash costs per ounce, and market capitalization. The most common rankings are based on either total gold output (in ounces) or market capitalization, which reflects the total value of a company’s outstanding shares.
As of 2024, the world’s top 10 largest gold producers by output included US-based Newmont Corporation, Canada-based Barrick Gold, Russia-based Polyus, China-based Zijin Mining. China remains the top gold-producing country, followed by Russia, Australia, Canada, and the United States.
While global gold production peaked around 2018–2019, recent years have seen stable but slightly declining output, largely due to resource depletion in mature mining regions and increased production costs.