No African country can boast as the world’s leading gold producer as of July 3rd, 2023. Looking at the data for the top 10 countries by gold production, no African country also made it to the top five.
China leads global gold production with 355 metric tons, followed by Australia’s 315 metric tons. Using the data provided Ghana is currently Africa’s leading gold producer with 130 metric tons followed by South Africa with 120 metric tons.
The ranking of the top 10 countries by gold production is determined primarily based on the quantity of gold produced within a given time period. The data is typically collected and compiled by reputable sources such as government agencies, industry organizations, or mining companies. These sources gather information from gold mining operations, refineries, and other relevant stakeholders in the gold industry.
The gold production figures are usually reported in metric tons or ounces, representing the total amount of gold extracted or refined in a specific country during a specified timeframe, such as a year. The countries with the highest production volumes are then ranked accordingly based on these reported figures.
It’s important to note that the rankings may vary slightly depending on the specific data source, as different organizations may have different methodologies or timeframes for data collection. Additionally, gold production levels can fluctuate from year to year based on factors such as changes in mining operations, investment in exploration, market conditions, and government policies.
Top 10 countries by gold production.
🇨🇳 China – 355 metric tons
🇦🇺 Australia – 315 metric tons
🇷🇺 Russia – 300 metric tons
🇺🇸 United States – 223 metric tons
🇨🇦 Canada – 170 metric tons
🇵🇪 Peru – 135 metric tons
🇬🇭 Ghana – 130 metric tons
🇿🇦 South Africa – 120 metric tons
🇲🇽 Mexico – 110 metric tons
🇺🇿 Uzbekistan – 100 metric tons
It’s worth noting that gold production can fluctuate. due to a variety of factors, including changes in mining output and market demand.