In 2023, China's mines produced an estimated 370 metric tons of gold. Accordingly, China is the largest gold producer in the world.
The leading gold mining countries
China, Australia, Russia, and Canada were respectively the largest producers of gold in the world as of 2023. Global production of gold reached approximately 3,000 metric tons that year. While production in China reached an estimated 370 metric tons in 2023, large-scale gold production is minimal, with China's largest producing gold mine, the Shaxi Copper Mine in Anhui province producing 958,740 ounces in 2022.
Leading gold mining companies
As of the first half of 2023, the Colorado, U.S.-based company Newmont produced 2.5 million ounces of gold, making it the world's leading gold mining company based on production volume. Barrick Gold, a Canadian gold mining company, was the second-largest gold miner in the world during that period of time, with production amounting to 1.99 million metric tons. Of the 10 leading gold producing companies in the world as of 2023, three were headquartered in Canada and another three were headquartered in South Africa.
