Gold Mining Market Analysis by Reserves, Production, Assets, Demand Drivers and Forecast to 2030

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Gold Mining Market Report Overview

The amount of gold produced in 2023 is 121.2moz. Ghana and the US are the key contributors to the growth in global supply in 2023. After a steady improvement from early November 2022, the gold price fell in February due to an improving US dollar and strong US economic data. However, over the course of 2023 economic headwinds are expected to lead to a falling dollar and support gold prices.

The gold mining market research report provides comprehensive coverage of the gold industry including historical and forecast data on gold production by country, production by company, reserves by country, and global gold prices. The report also includes a demand drivers section providing information on factors that are affecting the gold mining industry. It further profiles major gold producers and information on the major active, planned, and exploration projects.

Forecast Period 2023-2030
Historical Period 2011-2022
Key Countries ·       Australia

·       Russia

·       South Africa

·       The US

·       Peru

Active Mines ·       Muruntau Mine

·       Carlin Mine

·       Goldstrike Mine

·       Olimpiada Mine

·       Shaxi Copper Mine

·       Grasberg Block Cave Mine

·       Batu Hijau Mine

·       Kibali Mine

·       Boddington Mine

·       Pueblo Viejo Mine

Development Projects ·       Sukhoi Log Project

·       Mponeng Expansion Project

·       Donlin Gold Project

·       KSM (Kerr-Sulphurets-Mitchell) Project

·       Haiyu Gold Mine

·       Mallina Gold Project

·       Tasiast 24k Project

·       Odyssey Project

·       Kucing Liar Project

·       Goldrush Project

Exploration Projects ·       Vangtat Gold Project

·       Potchefstroom Project

·       Klerksdorp Project

·       Knife Lake Project

·       Treaty Creek Project

·       Mount Cattlin Gold Project

·       Bendigo North Gold Project

·       Heruga Project

·       Talas Copper Gold Project

·       Anba Property

Leading Companies ·       Newmont Corp

·       Barrick Gold

·       Agnico-Eagle Mines Ltd

·       AngloGold Ashanti Ltd

·       Polyus Gold

·       Gold Fields Limited

·       Newcrest Mining Ltd

·       Kinross Gold Corp

·       Zijin Mining Group Co Ltd

·       Freeport-McMoRan

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Gold Mining Market Segmentation by Country

Some of the key countries where gold reserves are located are Australia, Russia, South Africa, the US, and Peru. The majority of these are located in Australia, followed by Russia and South Africa. Australia led the gold mining market with the largest number of reserves in 2022 as well.

Gold Mining Market Analysis by Countries, 2023 (%)

Gold Mining Market Analysis by Countries, 2023 (%)

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Gold Mining Market - Active Mines

Some of the top active gold mines are Muruntau Mine, Carlin Mine, Goldstrike Mine, Olimpiada Mine, Shaxi Copper Mine, Grasberg Block Cave Mine, Batu Hijau Mine, Kibali Mine, Boddington Mine, and Pueblo Viejo Mine. Muruntau Mine had the highest gold production in 2022.

Gold Mining Market Analysis by Active Mine, 2023 (%)

Gold Mining Market Analysis by Active Mine, 2023 (%)

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Gold Mining Market - Development Projects

Some of the major development projects are Sukhoi Log Project, Mponeng Expansion Project, Donlin Gold Project, KSM (Kerr-Sulphurets-Mitchell) Project, Haiyu Gold Mine, Mallina Gold Project, Tasiast 24k Project, Odyssey Project, Kucing Liar Project, and Goldrush Project. The Sukhoi Log project is a greenfield project in Russia that is jointly owned by Polyus and Rostec Corp. The project is currently undergoing a Bankable Feasibility Studies (BFS) and is expected to start operations in 2027.

Gold Mining Market - Exploration Projects

Some of the major exploration projects are Vangtat Gold Project, Potchefstroom Project, Klerksdorp Project, Knife Lake Project, Treaty Creek Project, Mount Cattlin Gold Project, Bendigo North Gold Project, Heruga Project, Talas Copper Gold Project, and Anba Property. South Africa’s Potchefstroom and Klerksdorp projects, which are wholly owned by Sibanye Stillwater Ltd, are currently in the advanced exploration stage.

Gold Mining Market - Competitive Landscape

The leading companies associated with the gold mining market are Newmont Corp, Barrick Gold, Agnico-Eagle Mines Ltd, AngloGold Ashanti Ltd, Polyus Gold, Gold Fields Limited, Newcrest Mining Ltd, Kinross Gold Corp, Zijin Mining Group Co Ltd, and Freeport-McMoRan. Newmont Corp was the leading gold producer in 2022. Agnico-Eagle Mines Ltd had a considerable increase in production in 2022 compared to 2021.

Leading Gold Mining Companies, 2023

Leading Gold Mining Companies, 2023

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Segments Covered in the Report

 Gold Mining Market Countries Outlook (Value, MOZ, 2011-2030)

  • Australia
  • Russia
  • South Africa
  • The US
  • Peru


  • The report contains an overview of the global gold mining industry including key demand driving factors affecting the global gold mining industry.
  • It provides detailed information on reserves by country, global production, production by country, production by company, major operating mines, competitive landscape, and major exploration and development projects.

Reasons to Buy

  • To analyze global gold mining trends, relevant driving factors
  • To track the latest developments in global gold mining industry
  • To identify major active, exploration, and development projects
  • To analyze upcoming project developments in the mining industry
  • To understand historical and forecast trends on global gold production
  • To identify key players in the global gold mining industry

Table of Contents


Gold Reserves

Gold Production

Gold Price

Major Active Mines

Major Development Projects

Major Exploration Projects


Competitive Landscape




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