Reaping the Profits: The 5 Largest Gold Miners

- February 18th, 2011

International Business Times reports the earnings and valuations of gold mining companies are being lifted by record high gold prices.

International Business Times reports the earnings and valuations of gold mining companies are being lifted by record high gold prices and profiles the top five most successful companies.

The market news is quoted as saying:

Around 20 of the biggest gold producers are members of the World Gold Council, representing approximately 60% of global corporate gold production and with mining operations that stretch to almost every inhabited continent. According to the association, this equals an annual gold production of 30 million fine ounces, or some 950 metric. The member companies have a combined value of $200 billion and $40 billion in annual revenue.

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