Mining Magazine December 2017 | Page 31

TOP 10 GOLD PRODUCING COUNTRIES

01

CHINA

( 455MT )
China continues to lead the world in gold production . Its 2016 mining output totalled 445MT . Topping all other nations in production for the past decade , the Asian superpower also emerged as the world ’ s largest gold consumer . The majority of the country ’ s mining operations are located halfway between Shanghai and Beijing . The China National Group
is responsible for approximately onefifth of all Chinese gold production . China National Group also has gold mining interests abroad and other mineral mining operations such as African copper . China has increased its mining initiatives by 10 % annually and is expected to continue production accelerations to meet domestic demand .
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