Top 10 Gold Mining Companies In The World

Below you can see our list of the top 10 gold mining companies in the world. For a more comprehensive list please see this article.

10. Sibanye Stillwater LTD, South Africa (JSE:SSW)

Market capitalization of the company (in billions of dollars): 2.8

Total revenue in 2019 (in millions of dollars): 4,522

Sibanye Gold has been incorporated within Sibanye-Stillwater, which is the world’s largest producer of platinum, while also having a strong presence in palladium and gold. It is one of the biggest gold producers in the world.

9. Gold Fields Ltd, South Africa (JSE:GFI)

Market capitalization of the company (in billions of dollars): 3.5

Total revenue in 2019 (in millions of dollars): 2,578

Headquartered in Johannesburg, South Africa, Gold Fields Limited operated in 5 countries, with 9 operating mines and employs nearly 18,000 people.

8. AngloGold Ashanti Ltd, South Africa (JSE:ANG)

Market capitalization of the company (in billions of dollars): 4.6

Total revenue in 2019 (in millions of dollars): 3,500

By production, AngloGold Ashanti is the third largest gold producer, but with a low market capitalization, it just makes the top 10 in our list. It was founded in 2004 and has more than 21 operations in four continents.

7. Franco-Nevada Corp, Canada (TSE:FNV)

Market capitalization of the company (in billions of dollars): 14.6

Total revenue in 2019 (in millions of dollars): 844

This Canada based company and has ownership of royalties and streams in gold mining, in addition to other natural resource investments. The company is unique in the fact that it doesn’t own mines; rather, it actually simply grows the aforementioned royalties portfolio, which is the main source of revenue for this giant.

6. Kinross Gold Corp , Canada(NYSE:KGC)

Market capitalization of the company (in billions of dollars): 5.6

Total revenue in 2019 (in millions of dollars): 3,303

Kinross Gold Corp was founded in 1993 and is headquartered in Toronto, Canada. It has eight active gold mines, contributing the bulk of the revenue to the company, which was $3.3 billion in 2019.

5. Angico Eagle Mines Ltd, Canada (NYSE:AEM)

Market capitalization of the company (in billions of dollars): 11.1

Total revenue in 2019 (in millions of dollars:2,875

While it is based in Canada, Angico Eagle has operations in not just Canada, but Finland and Mexico as well, while also having exploration and development activities in the US, where it’s listed on the New York Stock Exchange.

4. Polyus PJSC, Russia (MCX:PLZL)

Market capitalization of the company (in billions of dollars): 12.1

Total revenue in 2019 (in millions of dollars): 4,010

Polyus is by far the biggest gold producer in Russia, and its revenues for 2019 surpassed $4 billion, producing 2,841 koz of gold in 2019.

3. Newcrest Mining, Australia (ASX:NCM)

Market capitalization of the company (in billions of dollars): 14.4

Total revenue in 2019 (in millions of dollars): 3,740

Australia also makes our list with Newcrest Mining, and has a prominent presence in other countries as well, including Indonesia. It was founded in 1966 and has the second largest mine in Australia. It also has two mines in Papa New Guinea, and one in Indonesia and Ivory Coast. In 2010, Newcrest merged with Lihir Gold, which is why it is now the third top gold mining company in the world.

2. Barrick Gold Corporation, Canada

Market capitalization of the company (in billions of dollars): 17.7

Total revenue in 2019 (in millions of dollars): 9,717

Barrick Gold is Canada’s biggest gold mining company which is saying something, considering the fact that Canada is home to 12 of the companies in our list of top global gold mining companies. While it is headquartered in Toronto, Ontario, Canada, it has mining operations in many other countries as well, including Argentina, Chile, Canada, Ivory Coast, Congo, Dominican Republic, Saudi Arabia, Tanzania, Mali, Papua New Guinea, Zambia and even the United States of America. As at the end of 2019, the company actually had reserves of 71 million ounces of gold, which means they can continue this level of production for several decades.

1. Newmont Corporation, USA (NYSE:NEM)

Market capitalization of the company (in billions of dollars): 21.3

Total revenue in 2019 (in millions of dollars): 9,740

To anyone familiar with the gold mining industry, the fact that Newmont Mining tops the list of  top 10 gold mining companies in the world is no surprise. The company had over $9.7 billion in revenue and is the only gold company which is listed in the S&P 500 index. It increased its size considerably in 2019 when it purchased Canada’s Goldcorp for $10 billion, which has been considerably helpful in the company attaining the top position in the gold mining industry.

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