Largest gold companies
Encyclopedia
There are different methods by which gold mining companies are ranked. One is by their annual production. Another is by their cash cost per ounce (how much money it costs them to mine the gold. Since gold prices are the same everywhere companies with lower costs per ounce profit more money). The most common method lists by market capitalization
which considers the total value of capital holdings by that company.
Also considered when comparing companies is their market capitalization per ounce of gold equivalent (sometimes abbreviated MV-GEO, EVO if the enterprise value is used) which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis. If the calculation is to exclude financial assets the enterprise value
is used instead of market capitalization.
EVO = Enterprise Value/Ounce (gold equivalent) = Enterprise Value divided by resources. The enterprise value is the difference between a company's market capitalization (product of the number of company shares and listed stock price) and its cash, investments less debt (ammortization).
Three of the 10 largest companies by market cap that engage in gold mining, Fresnillo, Buenaventura and Freeport-McMoran (copper/molybdenum) are not included in the first list because they are minor gold producers/most of their revenue comes from a metal other than gold (Fresnillo and Buenaventura rely more on silver, in some lists silver production is treated as gold production, converted to gold equivalent using the gold to silver price ratio; McMoran produced 53.47 tonnes of gold in 2010 (down 27%) but gold accounted for only 12% of revenue).
World gold production declined by 50 tonnes in 2008 despite a strong showing in market price. Total production cash costs were up 4.1% industrywide in the third quarter of 2010 to US$585 per ounce of gold mined. In 2010 the world's four leading gold producers, in order of total production were China (341 tons), Australia, USA (240 tons) and South Africa (200 tons).
Sources and other information
copper-gold property in northwestern British Columbia; It holds 38.5 million ounces of gold (2P reserves, up 27% in 2011). Another project in the Detour Lake area of Ontario ranks 4th among North America's deposits (up from six in July 2010). Among the largest gold containing properties controlled by Canadian companies is Goldcorp's wholly owned billion ounce silver, 18 million ounce gold Penasquito mine in Mexico and Ivanhoe Mines
' 81.3 billion pound copper, 46.4 million ounce gold Oyu Tolgoi deposit in Mongolia. Barrick Gold owns 50% of Super Pit, Australia's biggest gold mine.
As of September 2009, there were 20 companies in the country with a market cap of 1 billion dollars or more.
BarrickGold Corp. is the country's largest gold mining company by several measures of size.
In the following table are Canada's 10 highest valued gold mining companies for 2010 as well as 6 other mid cap companies.
Notable South African gold companies include:
list is produced annually by Forbes
. Compiling information about each of the 2000 largest companies globally it ranks them. These are all of the gold companies that made the list in 2011 (Eldorado Gold dropped out, Iamgold didn't make the list in 2010).
It ranks them based on a number of factors, the top companies on its list aren't necessarily the biggest. The market value for all companies is from March 11, 2011 (after trading closed). The other statistics are based on the 12 month period ending March 2011 for companies based in the United States, Canada and Bermuda. For all other companies, the data comes from the last fiscal year period.
Source: March 11, 2011: The Global 2000
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
which considers the total value of capital holdings by that company.
Also considered when comparing companies is their market capitalization per ounce of gold equivalent (sometimes abbreviated MV-GEO, EVO if the enterprise value is used) which takes the market value and total reserves and resources for each company as well as the price of gold into consideration. The figures for each company can be used to determine the value the stock market gives to each company's reserves on an ounce to ounce basis. If the calculation is to exclude financial assets the enterprise value
Enterprise value
Enterprise value , Total enterprise value , or Firm value is an economic measure reflecting the market value of a whole business. It is a sum of claims of all the security-holders: debtholders, preferred shareholders, minority shareholders, common equity holders, and others...
is used instead of market capitalization.
EVO = Enterprise Value/Ounce (gold equivalent) = Enterprise Value divided by resources. The enterprise value is the difference between a company's market capitalization (product of the number of company shares and listed stock price) and its cash, investments less debt (ammortization).
Three of the 10 largest companies by market cap that engage in gold mining, Fresnillo, Buenaventura and Freeport-McMoran (copper/molybdenum) are not included in the first list because they are minor gold producers/most of their revenue comes from a metal other than gold (Fresnillo and Buenaventura rely more on silver, in some lists silver production is treated as gold production, converted to gold equivalent using the gold to silver price ratio; McMoran produced 53.47 tonnes of gold in 2010 (down 27%) but gold accounted for only 12% of revenue).
World gold production declined by 50 tonnes in 2008 despite a strong showing in market price. Total production cash costs were up 4.1% industrywide in the third quarter of 2010 to US$585 per ounce of gold mined. In 2010 the world's four leading gold producers, in order of total production were China (341 tons), Australia, USA (240 tons) and South Africa (200 tons).
The Big 10
| Rank | Name | Base | Revenue mil.USD Ytd Year-To-Date Year-to-date is a period, starting from the beginning of the current year, and continuing up to the present day. The year usually starts on January 1 , but depending on purpose, can start also on July 1, April 1 , and April 6... Dec'10 |
2008 cap Market capitalization Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company... bil $ |
2011 cap Market capitalization Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company... bilUSD |
profit mil USD Ytd Year-To-Date Year-to-date is a period, starting from the beginning of the current year, and continuing up to the present day. The year usually starts on January 1 , but depending on purpose, can start also on July 1, April 1 , and April 6... Dec'10 |
2010/2011 FY production tonnes |
Reserves Moz |
Total Resource Moz |
Cash Cost 2010 year US$ total/oz |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Barrick Gold Barrick Gold Barrick Gold Corporation is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units located in Australia, Africa, North America and South America... |
 Canada |
10,92434.3% | 26.90 | 50.0 May.10 | 3274(lost 4274 in'09) | 220.3 | 138.5 | 226.92 | 457 |
| 2 | Goldcorp Goldcorp Goldcorp Inc. is a gold producer headquartered in Vancouver, British Columbia, Canada. Goldcorp has 16 operations and development projects in 6 countries across the Americas.... |
Canada |
3799.839.5% | 21.63 | 39.7May.11 | 1566.1557.5% | 70.87 | 46.3 60.1 Feb'11 |
81.59 | 443 |
| 3 | Newcrest Mining Newcrest Mining Newcrest Mining Limited engages in the exploration, development, mining and sale of gold and gold-copper concentrate. Newcrest is an Australian based Company which initially incorporated in Victoria in 1980. Today it has become Australia’s leading gold mining company... |
 Australia |
3579.841.4% | 10.01 | 29.0 Mar.28 | 1,019.7111% | 74.47 (Newcrest 49.95, Lihir 24.52) |
77.0 | 205.45 Newcrest 119.2 Lihir 86.234 |
A$493 |
| 4 | Newmont Mining Newmont Mining Newmont Mining Corporation , based in Denver, Colorado, USA, is one of the world's largest producers of gold, with active mines in Nevada, Indonesia, Australia, New Zealand, Ghana and Peru. Holdings include Santa Fe Gold, Battle Mountain Gold, Normandy Mining, Franco-Nevada Corp and Fronteer Gold... |
 United States |
954023.8% | 18.23 | 28.1Feb.11 | 189339.3% | 145-150 2011 est |
85.0 | 142.67 | 485 |
| 5 | Kinross Gold Kinross Gold Kinross Gold Corporation is a Canadian-based gold mining company with a gold production guidance of 4.5 to 4.9 million gold ounces by 2015. Kinross owns mines and projects in Canada, the United States, Brazil, Chile, Ecuador, Russia, Ghana and Mauritania, employing approximately 7,500 people... |
Canada |
kinross 3010.1 25% |
11.14 | 19.0Mar.14 | 478.857.0% | 76.54 (Kinross 65.14, Red Back 11.40) |
59.17 | 92.06 Kinross 74.8 Red Back 17.26 |
508 |
| 6 | AngloGold Ashanti AngloGold Ashanti AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation.AngloGold Ashanti Limited is now a global gold producer with 21 operations on four continents... |
 South Africa |
551440.8% | 11.61 | 17.0May.13 | 129 | 129-134.7 2011 est |
74.9 | 264.30 | 638 |
| 7 | Gold Fields Gold Fields Gold Fields Limited is a South African gold mining firm, one of the world’s largest, which is listed on both the Johannesburg Stock Exchange and the New York Stock Exchange .... |
South Africa |
4592 | 7.51 | 11.3 May.18 | 253.5 | 99.14 | 78.9 | 270.28 | 760(2011) |
| 8 | Polyus Gold Polyus Gold Polyus Gold is a Russian mining and metallurgy company primarily concerned with the production of gold. Polyus is the largest gold producer in Russia. Polyus is controlled by Russian businessman Mikhail Prokhorov's ONEXIM Group conglomerate and Suleiman Kerimov.In 1990 Polyus was restructured as... |
 Russia |
604 36.7% 1H'10 | 9.00 | 11.1 | 104.6 30.3% 1H'10 | 39.7-42.5 2011 est |
74.1 | 211.92 | na |
| 9 | Yamana Gold | Canada |
1686.81142.5% | 6.09 | 10.0 Apr.13 | 451.444134.4% | 29.8 | 19.4 | 46.35 | 442 |
| 10 | Agnico-Eagle Mines Agnico-Eagle Mines Agnico-Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico and exploration and development activities extending to the United States. Agnico-Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales... |
Canada |
1422.5131.8% | 7.74 | 09.8 Feb.19 | 332.1283.9% | 37.14*est ('10-'17; 2.6x2009) | 23.2 | 38.32 | 451 |
Sources and other information
- 2008 ranking Gold Strategist
- total resource http://www.24hgold.com/english/listcompanies.aspx?fundamental=true&commodity=AU
- 1 tonne = 1000 kg = 2204.6 lbs = 35,273.9619 ounces; 1 ton = 2000 lbs = 32,000 ounces
- Newcrest Mining started including Lihir Gold assets in mid 2010 (revenue and profit changes are based on pre merger assets in 2009 and merged assets in 2010).
- Goldcorp reserves are from January 2010 and so it does not take into account the acquisition of Andean Resources (September) which increased proved gold reserves by at least 2.1 million ounces (not including the 20.6 million ounces of silver) and may not include the sale of 21.1% of the Morelos gold project in Mexico with a total resource of 3.0 million ounces (agreed in December 2009 but completed in February 2010).
Canadian companies
Ironically even though the country lags far behind its counterparts in reserves, Canadian companies dominate the industry. These companies are big players in the Canadian industry which ranks 7th globally but rely mostly on assets in foreign countries (Barrick Gold alone produced 209.79 tonnes of gold in 2009, Canada produced 100 tonnes). Canada's biggest undeveloped gold deposit currently (May 2011) is the Kerr Sulphurets MitchellKerr Sulphurets Mitchell
Kerr-Sulphurets-Mitchell is an active mine exploration project 65 km northwest of Stewart, British Columbia . The property is 100% owned by Toronto-based Seabridge Gold. Denver-based royalty company Royal Gold owns a 2% net smelter return royalty on the mine...
copper-gold property in northwestern British Columbia; It holds 38.5 million ounces of gold (2P reserves, up 27% in 2011). Another project in the Detour Lake area of Ontario ranks 4th among North America's deposits (up from six in July 2010). Among the largest gold containing properties controlled by Canadian companies is Goldcorp's wholly owned billion ounce silver, 18 million ounce gold Penasquito mine in Mexico and Ivanhoe Mines
Ivanhoe Mines
Ivanhoe Mines Ltd. is a Canadian mineral exploration and development company headquartered in Vancouver, British Columbia. Its focus is on the pacific rim where it is in the process of developing several large mines, the principal one being the Oyu Tolgoi Project in Southern Mongolia 200 km...
' 81.3 billion pound copper, 46.4 million ounce gold Oyu Tolgoi deposit in Mongolia. Barrick Gold owns 50% of Super Pit, Australia's biggest gold mine.
As of September 2009, there were 20 companies in the country with a market cap of 1 billion dollars or more.
BarrickGold Corp. is the country's largest gold mining company by several measures of size.
In the following table are Canada's 10 highest valued gold mining companies for 2010 as well as 6 other mid cap companies.
| Large Cap | 2010 cap Market capitalization Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company... |
Mid Cap | 2010 cap Market capitalization Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company... |
other Mid Cap | other |
|---|---|---|---|---|---|
| Barrick Gold Barrick Gold Barrick Gold Corporation is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units located in Australia, Africa, North America and South America... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 40 billion January |
Yamana Gold | $ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 8.17 billion May |
Franco-Nevada Franco-Nevada Franco-Nevada Corporation is a Canadian company that owns royalties in gold mining and other commodity and natural resource investments. It is traded on the Toronto Stock Exchange and NYSE Arca stock exchange.... |
European Goldfields European Goldfields European Goldfields Ltd. is an EU focused, Whitehorse based Canadian precious metals company engaged in gold, silver and copper exploration, development and production... |
| Goldcorp Goldcorp Goldcorp Inc. is a gold producer headquartered in Vancouver, British Columbia, Canada. Goldcorp has 16 operations and development projects in 6 countries across the Americas.... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 29.478 billion April |
IAMGOLD IAMGOLD Iamgold Corporation is a Toronto based international gold producer. The company is engaged in the exploration, development, and production of mineral resource properties throughout the world.-Operations:... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 6.87 billion May |
New Gold New Gold New Gold is a multinational mining company with gold, silver and copper containing assets. It engages in both exploratory and production activity in North America , South America and Australia... |
|
| Kinross Gold Kinross Gold Kinross Gold Corporation is a Canadian-based gold mining company with a gold production guidance of 4.5 to 4.9 million gold ounces by 2015. Kinross owns mines and projects in Canada, the United States, Brazil, Chile, Ecuador, Russia, Ghana and Mauritania, employing approximately 7,500 people... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 19.0 billion Sept |
Red Back Mining Red Back Mining Red Back Mining Inc. is an unhedged Vancouver based mineral resource company. Its focus is West Africa where it operates the Chirano Gold Project in Ghana and the Tasiast Gold Mine in Mauritania.... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 5.80 billion May |
AuRico Gold AuRico Gold AuRico Gold is an intermediate gold mining and exploration company that, until August 2011 operated only in Mexico. It reached intermediate gold producer status in August 2011 when Northgate Minerals agreed to be taken over for C$1.46 billion. Gammon Gold was an exploration company until 2004... |
|
| Agnico-Eagle Mines Agnico-Eagle Mines Agnico-Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico and exploration and development activities extending to the United States. Agnico-Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 11.4 billion October |
Osisko Mining Osisko Mining Osisko is a development stage precious metals mining company headquartered in Montreal, Quebec. It operates in Canada with a focus on gold mines in the Abitibi gold belt of Quebec. The company was known as Osisko Exploration LTD... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 5.2 billion July 31 |
Detour Gold Detour Gold Detour Gold Corp. is a Canadian gold mining company with operations centered around the Detour Lake gold project, north of Cochrane, Ontario. Most of the company's employees are from Cochrane and Timmins, Ontario... |
|
| Eldorado Gold Eldorado Gold Eldorado Gold Corporation is a Vancouver, British Columbia based company involved in the mining, exploration and development of gold properties in China, Brazil, Greece and Turkey.... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 10.2 billion October |
Centerra Gold Centerra Gold Centerra Gold Inc. is a gold mining company headquartered in Toronto, Ontario, Canada.The company was formed and went public in 2004 when Saskatoon, Saskatchewan-based Cameco Corporation spun off its gold mining assets previously held by its 100%-owned subsidiary, Cameco Gold... |
$ Dollar The dollar is the name of the official currency of many countries, including Australia, Belize, Canada, Ecuador, El Salvador, Hong Kong, New Zealand, Singapore, Taiwan, and the United States.-Etymology:... 3.03-4.776 billion |
NovaGold Resources NovaGold Resources NovaGold Resources Inc. is a mineral exploration, development, and mining company. NovaGold has 50% ownership of two of the world’s largest known undeveloped gold and copper-gold deposits... |
- Notes - Kinross Gold was 13.50 billion in May before it acquired Red Back Mining. Osisko Mining was $10 million in 2005 and $3.5 billion May 2010.
South Africa
The world's 4th (200 tons in 2010) largest gold producer that is home to 7 of the 13 leading gold producing mines. The Witwatersrand area of South Africa is home to the world's largest gold mine.Notable South African gold companies include:
- AngloGold AshantiAngloGold AshantiAngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation.AngloGold Ashanti Limited is now a global gold producer with 21 operations on four continents...
- world's 3rd biggest gold producer (but has very high cash costs per ounce) at 4.664 million ounces in 2009 (production in the first 3 quarters of 2010 is on pace to be 3.77% lower for 2010). AngloGold is also South Africa's largest producer of uranium (1.46 million pounds in 2010), a position that was strengthened in July 2011 when it acquired 20% of Canada's First Uranium. - Gold FieldsGold FieldsGold Fields Limited is a South African gold mining firm, one of the world’s largest, which is listed on both the Johannesburg Stock Exchange and the New York Stock Exchange ....
- produced 3.23 million ounces (91.57 tonnes) of gold in the year leading up to June 30, 2010 Its largest new mine has the potential to produce at a rate of 1 million ounces annually (though it produced 175,000 in 2009). It is South Africa's second leading producer. - Harmony Gold (mining)Harmony Gold (mining)Harmony Gold is the third largest gold mining company in South Africa , the 12th largest in the world and the 5th largest gold producer in the world. Harmony and its subsidiaries conduct underground and surface gold mining and related activities, including exploration, processing, smelting and...
- was the 5th largest producer of gold in 2008 (has since fallen off a bit, production was 2.33 million ounces (66.05 tonnes) in 2008 compared to 1.56 million (44.23 tonnes) in fiscal 2010)
Forbes Global 2000
The Forbes Global 2000Forbes Global 2000
The Forbes Global 2000 is an annual ranking of the top 2000 public companies in the world by Forbes magazine. The ranking is based on a mix of four metrics: sales, profit, assets and market value...
list is produced annually by Forbes
Forbes
Forbes is an American publishing and media company. Its flagship publication, the Forbes magazine, is published biweekly. Its primary competitors in the national business magazine category are Fortune, which is also published biweekly, and Business Week...
. Compiling information about each of the 2000 largest companies globally it ranks them. These are all of the gold companies that made the list in 2011 (Eldorado Gold dropped out, Iamgold didn't make the list in 2010).
It ranks them based on a number of factors, the top companies on its list aren't necessarily the biggest. The market value for all companies is from March 11, 2011 (after trading closed). The other statistics are based on the 12 month period ending March 2011 for companies based in the United States, Canada and Bermuda. For all other companies, the data comes from the last fiscal year period.
| March 2011 Cum. Rank |
Name | Rank 2010 |
Rank 2011 |
Base | 2011 rev Revenue In business, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. In many countries, such as the United Kingdom, revenue is referred to as turnover.... (bil.USD) |
2011 Profit (mil.USD) |
Assets 2011 (bil.$) |
Market cap Market capitalization Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company... March 11 (mil.$) |
|---|---|---|---|---|---|---|---|---|
| 1 | Freeport-McMoRan Freeport-McMoRan Freeport-McMoRan Copper & Gold Inc., often called simply Freeport, is the world's lowest-cost copper producer and one of the world's largest producers of gold... |
240 | 222 | United States |
19.00 | 4,300 | 29.40 | 46,800 |
| 2 | Barrick Gold Barrick Gold Barrick Gold Corporation is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units located in Australia, Africa, North America and South America... |
704 | 274 | Canada |
10.90 | 3,300 | 33.30 | 50,500 |
| 3 | Newmont Mining Newmont Mining Newmont Mining Corporation , based in Denver, Colorado, USA, is one of the world's largest producers of gold, with active mines in Nevada, Indonesia, Australia, New Zealand, Ghana and Peru. Holdings include Santa Fe Gold, Battle Mountain Gold, Normandy Mining, Franco-Nevada Corp and Fronteer Gold... |
398 | 394 | United States |
9.50 | 2,300 | 25.70 | 25,700 |
| 4 | Goldcorp Goldcorp Goldcorp Inc. is a gold producer headquartered in Vancouver, British Columbia, Canada. Goldcorp has 16 operations and development projects in 6 countries across the Americas.... |
872 | 562 | Canada |
3.80 | 1,600 | 28.80 | 37,700 |
| 5 | Kinross Gold Kinross Gold Kinross Gold Corporation is a Canadian-based gold mining company with a gold production guidance of 4.5 to 4.9 million gold ounces by 2015. Kinross owns mines and projects in Canada, the United States, Brazil, Chile, Ecuador, Russia, Ghana and Mauritania, employing approximately 7,500 people... |
1150 | 834 | Canada |
3.30 | 771.6 | 16.4 | 17,300 |
| 6 | Gold Fields Gold Fields Gold Fields Limited is a South African gold mining firm, one of the world’s largest, which is listed on both the Johannesburg Stock Exchange and the New York Stock Exchange .... |
1329 | 1083 | South Africa |
4.10 | 479.1 | 8.90 | 12,400 |
| 7 | Anglogold Ashanti AngloGold Ashanti AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation.AngloGold Ashanti Limited is now a global gold producer with 21 operations on four continents... |
1263 | 1169 | South Africa |
5.90 | 96.2 | 9.40 | 17,800 |
| 8 | Newcrest Mining Newcrest Mining Newcrest Mining Limited engages in the exploration, development, mining and sale of gold and gold-copper concentrate. Newcrest is an Australian based Company which initially incorporated in Victoria in 1980. Today it has become Australia’s leading gold mining company... |
1473 | 1193 | Australia |
2.40 | 468.0 | 5.10 | 28,900 |
| 9 | Buenaventura Buenaventura (Mining company) Buenaventura is the largest owner of mining rights in Peru among precious metals companies. The Company is engaged in the mining, processing, development and exploration of gold, silver, coal, lead, molybdenum and zinc via wholly owned mines, as well as through its participation in joint... |
1886 | 1268 |  Peru |
1.10 | 667.6 | 3.10 | 12,200 |
| 10 | Yamana Gold | 1416 | 1271 | Canada |
1.70 | 451.4 | 10.30 | 9,400 |
| 11 | Polyus Gold Polyus Gold Polyus Gold is a Russian mining and metallurgy company primarily concerned with the production of gold. Polyus is the largest gold producer in Russia. Polyus is controlled by Russian businessman Mikhail Prokhorov's ONEXIM Group conglomerate and Suleiman Kerimov.In 1990 Polyus was restructured as... |
1951 | 1549 | Russia |
1.30 | 336.8 | 3.80 | 11,100 |
| 12 | Agnico-Eagle Mines Agnico-Eagle Mines Agnico-Eagle Mines Limited is a Canadian-based gold producer with operations in Canada, Finland and Mexico and exploration and development activities extending to the United States. Agnico-Eagle has full exposure to higher gold prices consistent with its policy of no-forward gold sales... |
1970 | 1553 | Canada |
1.50 | 332.1 | 5.50 | 11,200 |
| 13 | Iamgold IAMGOLD Iamgold Corporation is a Toronto based international gold producer. The company is engaged in the exploration, development, and production of mineral resource properties throughout the world.-Operations:... |
na | 1893 | Canada |
1.20 | 279.8 | 3.50 | 7,800 |
Source: March 11, 2011: The Global 2000