Page 44 - Bullion World Issue 3 July 2021
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Bullion World | Issue 03 | July 2021y 2021
           Bullion W orld | Issue 01 | Ma


           INTERNATIONAL news










           Top 10 largest                        Kitco ranked the top 10 largest gold mining companies

           gold mining                           by production in Q1 2021.
           companies in Q1                       Top 10 gold mining companies in Q1 2021

           2021 - report                                                   Gold production, thousand

                                                       Company                  (Koz) ounces        Change, %
           Newmont was the largest gold mining
           company by production in Q1 2021.                             Q1 2021       Q1 2020
           Northern Star was a newcomer to the   1     Newmont           1,455         1,479        -2
           top 10 list, while Polymetal and Kirkland
           Lake have dropped out of the quarterly   2  Barrick           1,101         1,250        -12
           ranking.                              3     Polyus            592           595          -1

                                                 4     AngloGold Ashanti  588          630          -7
                                                 5     Kinross           559           567          -1
                                                 6     Gold Fields       541           537          1
                                                 7     Agnico Eagle      517           409          26
                                                 8     Newcrest          512           519          -1
                                                 9     Harmony           379           302          25
                                                 10    Northern Star     366           237          54
                                                 11    Endeavour         347           172          102
                                                Source: https://www.kitco.com


                                                                           Ghana's mining

                                                                           sector shrank and
                                                                           gold production fell
                                                                           in 2020, industry

                                                                           body says

                                                                            Ghana's gold production fell 12% in 2020 to
                                                                            4.02 million ounces, from 4.57 million ounces
                                                                            in 2019, the country's Chamber of Mines
                                                                            said on Friday, but retained its position as
                                                                            Africa's top gold producer despite the impact
                                                                            of the coronavirus pandemic. The decline in
                                                                            production was the country's biggest since
                                                                            2004, Chamber of Mines President Eric
                                                                            Asubonteng said.

                                                                            Gold production by Ghana's large-scale
                                                                            mines fell 4.8% to 2.8 million ounces in
                                                                            2020, while the small-scale gold sector was
                                                                            more heavily impacted as the pandemic
                                                                            disrupted supply chains.

                                                                            Source: https://www.miningweekly.com


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