Mining Magazine June 2017 | Page 31

10 OF THE WORLD ’ S BIGGEST MINING COMPANIES

7 Barrick Gold

In 2016 alone , Barrick Gold produced 5.52 million ounces of gold . More than 75 percent of its gold production comes straight out of its Americas operations , including Argentina , Canada , Dominican Republic , Peru and the U . S . The company was founded in 1983 and is projecting production levels of around 5.2 / 5.6 million ounces of gold for 2017

8 Freeport McMoRan

Freeport McMoRan is a major global player in the gold , copper and molybdenum markets . Operating across North America Copper Mines , South America Copper Mines , Africa Mining , Indonesia Mining and Molybdenum , Freeport has significant proven and probable reserves of copper , gold and molybdenum . To date , Freeport stands as the world ’ s largest publicly traded copper producer . As of December 2016 , this stands at an estimated totalled 86.8 billion pounds of copper , 26.1 million ounces of gold and 2.95 billion pounds of molybdenum .

9 Newmont Mining

Newmont Mining is a global gold producer with significant gold and copper properties in the U . S , Australia , Peru , Indonesia , Ghana , Canada and Mexico . Newmont has well over 90 years of experience since its inception in 1921 . The company is also a global frontrunner when it comes to sustainability and ethical operations , striving to maintain world class social and environmental practices .
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