Gold is one of the most precious metal in the world which is being used as jewellry since thousands of years. We do not know exactly when and where the mining of gold started but it is indicated by many historians that gold mining started atleast 7000 years ago. I have listed below the top 10 biggest gold mines according to their annual production. Have a good read and don’t forget to share this article and also don’t forget to comment.
10. Boddington Mine (Australia)
This gold mine was reopened in February, 2010. The Boddington Gold Mine produced 741,000 ounces of gold in 2011. It is one of the biggest gold mine in Australia and in the whole world. It also produces millions of pounds of copper. This mine is owned mined by Normandy Mining, Acacia Resources and Newcreast Mining.
9. Lagunas Norte (Peru)
Lagunas Norte is situated in Northern Peru and is owned by Barrick Gold Corp. It is also the second biggest gold mine in Peru. Lagunas Norte produced 808,000 ounces of gold in 2010 the mining company is currently expanding the project which will boost the production of gold by 2016. It has a proven of 6.6 million ounces of gold.
8. West Wits (South Africa)
The West Wits gold mining operation is currently the deepest mining operation. The Western Wits consist of three mines the Mponeng, the Savuka shafts and the Tautone Mine which is the world’s deepest mine. In 2011, the Western Wits produced 792,000 ounces of gold from which 244,000 ounces were produced from the Tautona mine. Whole of the Western Wits which consist of three gold mines is owned by AngloGold Ashanti.
7. The Super Pit (Australia)
The Super Pit gold mine is the main tourist attraction in Kalgoorlie, Western Australia. This mine is the largest open pit gold mine in Australia as you can see in the above picture. It produced 690,000 ounces of gold in 2009.:) This mine is owned by Kalgoorlie Consolidated Gold Mines Pty Ltd., a company owned 50% by Barrick Gold Corp. and 50% by Newmont Mining Corporation.
6. Vaal River (South Africa)
It is an underground gold operation owned by AngloGold Ashanti. It consists of several undergrounf mines including the Great Noligwa, Kopanang and Moab Khotsong shafts. It produced 831,000 ounces of gold in 2011 the Great Noligwa have a total proven reserve of 1.2 million and Kopanang mine have a proven reserve of 10 million ounces of gold.
5. Veladero (Argentina)
The Veladero gold mine is the largest open pit gold mine in Argentina. It is also owned by Barrick Gold Corporation. In 2009 Veladero produced 611,000 ounces of gold and it had an output of about 900,000 ounces of gold last year. Veladero gold mine have a proven reserve of more than 12 million ounces of gold.
4. Goldstrike (United States of America)
Goldstrike is situated in Nevada, United States of America owned by Barrick Gold Corporation. The Goldstrike consist of three mines the Betze-Post open pit mine, the Meikle and the Rodeo undergroud gold mines. Altogether they had an output of 1,088,000 ounces of gold in 2011. The Goldstrike have a proven reserve of 12.2 million ounces of gold.
3. Yanacocha (Peru)
The Yancocha gold mine is the biggest gold mine in South America. The Yanacocha consist of five open pit gold mines. It produced 1,293,000 ounces of gold in 2011. It is owned by three companies Newmont Mining Corporation, Buenaventura Group and IFC.
2. Cortez (United States of America)
The Cortez gold mine consists of several open pits and underground mines. It is the second biggest gold mine in the world and the biggest in the North America by means of size and production. It produced 1,421,000 ounces of gold in 2011 it has a proven reserve of 14.5 million ounces of gold. It is also owned by Barrick Gold Corporation. The Cortez gold mine is also one of the oldest gold mines which is still in operation, it is in operation since 1862.
1. Grasberg Mine (Indonesia)
The Grasberg mine is the biggest gold mine and the third biggest copper mine by means of size and production. It is owned by Freeport-McMoran Copper & Gold Inc. (60%) and Rio Tinto (40%). It produced 1,444,000 ounces of gold in 2011. It is currently giving employment to about 20,000 people.