According to the World Gold Council primary gold production hit another record in 2017 after nine years of growth in output, albeit at a much slower pace.
Global gold production totalled roughly 105m troy ounces in 2017. Output is up 525 tonnes or nearly 17m ounces since the start of the decade.
The top 10 listed, non-state owned gold miners are responsible for nearly 30% of global output. The ranks of the top producing companies have stayed remarkably stable, but the next few years will shake-up the industry’s top tier. Continue Reading →