Largest Gold Mines in the World

Gold, a timeless symbol of wealth and prosperity, is produced from some of the largest and most productive mines around the world. From Nevada’s vast gold fields to Murundau in Uzbekistan, these mines play a key role in the global gold market, influencing supply, pricing and the future of the mining industry.

rank

mine

nation

Yield (ounces)

Percentage of global production

1

Nevada Gold Mine

USA

3,311,000

2.9%

2

Murontau

Uzbekistan

2,990,020

2.6%

3

Glasberg

Indonesia

1,798,000

1.6%

4

Olympic Games

Russia

1,998,000

1.7%

5

Old Town

Dominican Republic

814,000

0.7%

6

Kibali

Democratic Republic of the Congo

749,000

0.7%

7

Cardia

Australia

764,895

0.7%

8

Lihir

papua new guinea

701,800

0.6%

9

Canadian Marratke

Canada

714,784

0.6%

10

Boddington

Australia

813,000

0.7%

  • The Nevada Gold Mine in the United States is the world’s largest gold mining complex, jointly operated by Barrick and Newmont, with an annual output of more than 3.3 million ounces.
  • Uzbekistan-based Global Muruntau is the second-largest gold producer, producing nearly 3 million ounces, accounting for more than 80% of the country’s total production.
  • Grasberg, Indonesia is the world’s third largest gold producer and one of the world’s largest copper producers.
  • Russia’s Olympic gold mine holds approximately 26 million ounces of gold and is owned by Polyus, the world’s largest gold mining company.
  • Gold prices are currently near all-time highs as mining companies’ profit margins reached an all-time high of $828 per ounce on average in 2020.

The Carlin Mining District is one of the world’s most prolific gold mining districts, having produced nearly 100 million ounces of gold since the 1960s and holding 12.46 million ounces of reserves. The district has “Carlin-type” deposits that can profitably mine low-grade ores using advanced methods such as heap leaching and bio-oxidation.

Nevada produces 80% of the nation’s gold and thousands of high-paying jobs, thanks in large part to the Carlin Lode, which, when discovered in 1965, revolutionized Nevada’s mining industry, making it one of the world’s largest gold-producing regions.

The world’s leading gold mines not only produce large quantities of gold, they also drive economic development and innovation in mining technology. From advanced technologies such as heap leaching to economic contributions, these mines represent key players in the global industry, ensuring that gold remains a valuable commodity around the world.