Famous Gold Mines of the World
http://ddrefining.com/blog/famous-gold-mines-of-the-world/
July 28, 2014
Based on production data made available in 2010, let’s take a look at 10 largest gold mines found in the world.
There are some variety in opinion when it comes to which gold mine deserves the ranking of Number 1. Some opinions believe that by production, the largest gold mine in the world is the Muruntau gold mine found in Uzbekistan. However, others believe that position should be given to the Gasberg gold mine found in Indonesia. At the end of the day though, most of the opinions weight towards claiming Grasberg as the largest mine found in the world.
Another problem that is causing a difference in opinion is on how much these mines below are actually producing. It is often difficult to gain figures on yearly productions, on top of the production data not being standardized as well as the data not being calculated based on the same calendar.
Besides reports that come from the mining companies themselves, the most valuable sources come from the Raw Materials Group in Sweden, the Intierra Resource Intelligence in Australia, and the Metals Economics Group in Nova Scotia.
Based on those sources and a few others, here is a list of 10 of the largest gold mines found in the world.
1. Grasberg Gold Mine – According to an annual report made by Rio Tinto Plc, the Grasberg gold mine in Papua, Indonesia produces 2,025,000 ounces of gold. The majority of this gold mine is owned by Freeport-McMoRan Copper & Gold Inc. Other than gold, the Grasberg mines also produce copper and silver.
2. Muruntau Gold Mine – 250 miles to the west of Uzbekistan’s capital is the Muruntau gold mine. It is approximated that the Muruntau gold mine produced 1,800,000 ounces of gold just last year. The mine is an open-pit operation that is state-owned by Navoi Mining and Metallurgical Cominbat.
3. Carlin-Nevada Complex – The Carlin-Nevada Complex is owned by the state of Nevada, producing 1,735,000 ounces of gold in 2010. This mining operation includes both underground and open-pit operations.
4. Yanacocha Gold Mine – The largest gold mine in Latin America is the Yanacocha gold mine found in northern Peru. The Yanacocha gold mine is owned by Newmount Mining and Buenaventurda, and produced 1,460,000 ounces of gold last year.
5. Goldstrike Gold Mine – The Goldstrike gold mine is located to the northwest of Elko, Nevada. It’s owned by Barrick Gold Corp. and produced 1,240,000 ounces of gold last year.
6. Cortez Gold Mine – The Cortez gold mine is located to the southwest of Elko, Nevada. The Cortez gold mine is owned by Barrick Gold Corp. and produced 1,140,000 ounces of gold last year.
7. Veladero Gold Mine – Owned by Barrick Gold Corp., the Veladero gold mine can be found in Argentina. Last year, it produced 1,120,000 ounces of gold.
8. Lagunas Norte Gold Mine – Located in north-central Peru is the Lagunas Norte gold mine. The Lagunas Norte gold mine produces 808,000 ounces of gold and is owned by Barrick Gold Corp.
9. Lihir Gold Mine – The Lihir gold mine is located in Papua New Guineau, producing 790,974 ounces of gold in 12 months. Owned by Newcrest Mining Ltd. and is also the largest gold producer in Australia.
10. Super Pit/Kalgoorlie – The Super Pit/Kalgoorlie gold mine is an open-cut mine located in Western Australia that produced 788,000 ounces of gold last year. The Super Pit/Kalgoorlie is owned 50/50 by Barrick Gold and Newmon
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