2013 was a terrible year for gold prices, but that doesn’t mean production of the yellow metal came to a halt. In fact, the world’s top gold producers still put out large amounts of it.
Here are the world’s top 10 gold producers:
1. China – the leading gold producer in the world for seven years in a row now
2. Australia – uses domestically produced gold, as well as gold from overseas sources and recycled material, to create refined gold
3. United States – most US gold production takes place in Nevada and Alaska. Utah and Colorado are close followers, and South Dakota and California are also significant sources of the yellow metal
4. Russia – one of the most resource-rich countries in the world
5. Peru – the country’s production of the metal is likely to stay static or even drop in the year ahead
6. South Africa – has some of the world’s richest gold reserves; however, the country’s gold industry is currently in crisis
7. Canada – signs that gold prices are now stabilizing suggest that 2014 may bring another increase for our northern neighbor
8. Mexico – produced 100 MT of gold in 2013, an improvement over 2012′s total production of 97 MT
9. Uzbekistan – slowly modernizing its gold mining and refining capacities, which may eventually lead to increased production
10. Ghana – Africa’s second-largest gold producer
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