The World’s Top 20 Gold Mines: Ranking of Gold Giants in 2024

According to the World Gold Council, global gold production reached a record 3,661 tons (about 120 million ounces) in 2024. Driven by the continued rise in gold prices, investors, central banks and industrial demand have made the world’s top 20 gold mines into super projects that are both engineering wonders and economic engines. These mines process tens of thousands of tons of ore per day, using cutting-edge technology to extract gold from complex deposits, while having a profound impact on local employment and global supply chains.

Gold Mine Ranking Basis

Gold mines are ranked based on annual production. The top mines generally produce more than 1 million ounces per year, and the top complexes are even close to 3 million ounces. At the current gold price, a mine with an annual output of 500,000 ounces (about 20th place) can reach an annual output value of US$1 billion.

Global gold regional distribution characteristics in 2024

• North America: a cluster of high-grade deposits in the Carlin Trend in Nevada
• Central Asia: super mines in Uzbekistan and Kazakhstan
• Africa: world-class projects in Ghana, Mali and the Democratic Republic of the Congo-Oceania: stable output in Australia and Papua New Guinea
• South America: large operations in Brazil and the Dominican Republic
• Southeast Asia: massive porphyry deposits in Indonesia

This geographical diversity balances geopolitical risks and ensures the stability of the global gold supply chain. According to the latest data of global gold mining in 2024, the following is a list of the world’s top 20 gold mines:

1. Grasberg Gold Mine (Indonesia)
2. Muruntau Gold Mine (Muruntau, Uzbekistan)
3. Olimpiada Gold Mine (Olimpiada, Russia)
4. Boddington Gold Mine (Boddington, Australia)
5. Kibali Gold Mine (Kibali, Congo (DRC))
6. Cadia East Gold Mine (Cadia East, Australia)
7. Lihir Gold Mine (Lihir, Papua New Guinea)
8. Pueblo Viejo Gold Mine (Pueblo Viejo, Dominican Republic)
9. Nevada Gold Mines (Nevada Gold Mines, United States)
10. South Deep Gold Mine (South Africa)
11. Sukhoi Log (Russia)
12. Donlin (Alaska, USA)
13. Natalka (Russia)
14. Fosterville (Australia)
15. Xiling (Shandong, China)
16. Haiyu (Shandong, China)
17. Kiena (Canada)
18. Crown Prince (Australia)
19. Coka Rakita (Serbia)
20. Kainantu (Papua New Guinea)

Gold Mining Personal Finance Precious Metals