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Apr. 22, 2026 01:50PM PST
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Explore the top 10 gold-mining companies, including the three largest gold producers in the world: Newmont, Agnico Eagle Mines and Barrick Mining.

Roman Bodnarchuk / Shutterstock
Regardless of how the gold price is doing, the top gold-mining companies are always making moves.
Right now, gold is in the limelight — stimulated by increasing global inflation, geopolitical turmoil and economic uncertainty, the gold price is repeatedly setting new highs in 2026, reaching US$5,589.38 on January 28.
Rising safe-haven demand alongside concerns over gold mine supply have pushed the metal to record highs, and market watchers are eyeing the world's top gold-mining companies to see how they respond to market dynamics.
While the future of the economy remains uncertain, the rising gold price has been a boon to gold-mining companies as it improves their margins after several years of high inflation increasing the costs associated with mining operations.
According to US Geological Survey data, global gold production totaled 3,300 metric tons in 2025. China, Russia and Australia were the top three gold-producing countries last year.
But what were the top gold-mining companies by production in 2025? We dive into the top miners and their biggest gold mines below.
As companies' reporting methods for gold production differ, the Investing News Network has calculated attributable gold production for the top gold-mining companies below using figures from company reports and other official sources to provide investors with the most accurate ranking of global gold production by company.
All production data refers to the calendar year 2025, and is in metric tons and troy ounces unless otherwise noted.
Read on to find out which companies produced the most gold this past year.

1. Newmont (TSX:NGT,NYSE:NEM)
Production: 183.17 metric tons
Newmont is the world’s top gold-mining company by a significant margin. In 2025, the company reported 183.17 metric tons of gold by attributable production.
Newmont has a diverse portfolio of assets, with significant operations in North and South America, Australia and Africa.
Its portfolio includes a 38.5 percent interest in Nevada Gold Mines in Nevada, US, through a joint venture with majority owner Barrick Mining (TSX:ABX,NYSE:B). In 2025, Newmont’s attributable share of gold production from the mine was 999,000 ounces, or 31.07 metric tons.
The company’s next largest operation is its wholly owned Ahafo South complex in Ghana. It consists of three mines: the Subika and Awonsu open pits, and the Subika underground mine. The company’s Ahafo North open pit mine achieved commercial production in late 2025 and is expected to average 275,000 and 325,000 ounces of gold per year. Last year, the assets combined for 734,000 ounces (22.83 metric tons) of gold for Newmont, with the majority from Ahafo South.
In January 2025, Newmont sold its Porcupine complex in Ontario, Canada, to Discovery Silver for total consideration of US$425 million. In 2024, the mine produced 270,000 ounces (8 metric tons) of gold. The sale is part of Newmont’s larger divestiture of US$4.3 billion in non-core assets.
2. Agnico Eagle Mines (TSX:AEM,NYSE:AEM)
Production: 107.23 metric tons
Agnico Eagle Mines produced 107.23 metric tons of gold in 2025, taking second place among the world’s biggest gold producers. It wholly owns its portfolio of 11 mines, with seven in Canada, two in Mexico and one in each of Australia and Finland.
The firm's Detour Lake and Canadian Malartic mines in Canada are some of the world’s biggest gold mines. In 2025, its Detour Lake operation, located in Ontario near the Québec border, produced 692,675 ounces (21.54 metric tons) of gold.
The Canadian Malartic complex in Québec produced 642,612 ounces (19.99 metric tons) in 2025 from a combination of underground and open-pit mining. However, the main open pit was depleted in 2023, and the mine is expected to transition to fully underground operations by 2029.
3. Barrick Mining (TSX:ABX,NYSE:B)
Production: 101.24 metric tons
Barrick Mining produced 101.24 metric tons of attributable gold in 2025, landing it as the third highest gold producer in the world. Like Newmont, Barrick is a global producer with assets on many continents, including gold mines in Africa, North America and South America.
Barrick’s largest operation is its 61.5 percent stake in Nevada Gold Mines alongside Newmont. The US gold complex accounted for 1.59 million ounces, or 49.49 metric tons, of Barrick’s gold production in 2025.
In January 2026, Barrick confirmed it was planning a spin-out of Nevada Gold Mines into its own company, and is preparing for an initial public offering for late 2026.
The company’s second-largest producing asset is typically its 80 percent owned Loulo-Gounkoto gold complex in Mali. However, Barrick's attributable production from the mine came in at just 29,000 ounces in 2025 after a conflict with the Malian government saw Barrick lose control of Loulo-Gounkoto for the majority of the year. Barrick regained control of Loulo-Gounkoto on December 15.
In 2024, Mali's government, run by a military junta since a 2021 coup, accused Barrick of failing to pay its taxes amid changes to royalty rights and mining licenses as part of the new 2023 mining code. It arrested four workers there and issued an arrest warrant for then-CEO Mark Bristow. The government suspended the mine in January 2025, and later placed it under provisional administration.
The issue was finally resolved in November 2025 when Barrick and Mali both agreed to drop charges against each other. Additionally, Barrick said it would sign on the mining code that was at the heart of the dispute, while the government would extend the mining licenses by 10 years.
4. Navoi Mining and Metallurgy Company
Production: 97.98 metric tons
Navoi Mining and Metallurgy Company (NMMC) produced 97.98 metric tons of gold in 2025. NMMC is the largest mining company operating in Uzbekistan, with 12 mines. The company has been in operation since the 1960s, when the country was still part of the Soviet Union.
NMMC’s Muruntau mine, which has been in production since 1969, is one of the world's top two gold-producing mines. While NMMC didn't provide a breakdown of its 2025 production, in 2024 the mine produced an estimated 2.68 million ounces of gold (83.36 metric tons).
The company is working on modernizing its operations and considering a potential public listing.
5. AngloGold Ashanti (NYSE:AU,ASX:AGG)
Production: 96.11 metric tons
AngloGold Ashanti produced 96.11 metric tons of attributable gold in 2025, putting it among the top Africa-based gold-mining companies. The company has a portfolio of nine mining assets spread across seven countries in Africa, South America and Australia, as well as numerous exploration projects around the world.
AngloGold’s largest wholly owned operation is the Geita mine in Northwest Tanzania, which produced 192,000 ounces (15.3 metric tons) of gold in 2025. The property consists of multiple open-pit and underground operations.
The company also owns a 45 percent interest in the Kibali mine located in the Democratic Republic of Congo. The mine is the largest gold operation in Africa, producing 673,330 ounces (19.7 metric tons) in 2025, with 303,000 ounces (9.24 metric tons) attributable to AngloGold. The remaining ownership in the mine is held by Barrick Mining at 45 percent and the DRC government at 10 percent.
6. Polyus (LSE:PLZL,MCX:PLZL)
Production: 78.65 metric tons
Polyus produced 78.65 metric tons of gold in 2025. The company is the largest gold producer in Russia with five wholly owned operations in the country: Olympiada, Blagodatnoye, Kuranakh, Natalka and Verninsokye.
Polyus's largest asset is the Olimpiada mine in Eastern Siberia. In 2025, the mine produced 926,000 ounces (28.8 metric tons) of gold, putting it among the top gold operations in the world. The company's second biggest mine is Natalka, in the Magadan Oblast, which produced 567,400 ounces (17.65 metric tons) during the year.
Polyus holds significant proven and probable gold reserves of 101 million ounces, or 3,141 metric tons, across its assets.
7. Zijin Mining Group (OTCPK:ZIJMF,HKEX:2899)
Production: 75.14 metric tons
Zijin Mining Group produced 75.14 metric tons of attributable gold in 2025 from its mines across Asia, Africa, Australia and South America.
Although the company is not exclusively a gold producer, its substantial portfolio of both wholly owned and joint venture assets has helped it become China’s leading gold company.
Zijin's most significant contributor to its gold production in 2025 was its wholly owned Norton complex near Kalgoorlie, Western Australia. The complex, a conglomeration of several different mines, delivered 243,450 ounces (7.57 metric tons) of gold during the year.
Zijin’s next largest gold operation is the Rosebel Gold Mines, a collection of eight open pit operations located in Northern Suriname. The mine was first established in 2002, but fell under the Zijin banner after it acquired its 81 percent stake in February 2023. In 2025, the mine produced 239,910 ounces (7.46 metric tons) of attributable gold for Zijin, making it a close second place.
8. Gold Fields (NYSE:GFI)
Production: 69.11 metric tons
Gold Fields was the eighth biggest gold mining company in 2025, producing 69.11 metric tons of the yellow metal.
The company is a globally diversified gold producer with nine mining operations across Australia, Chile, Peru, Ghana and South Africa. It also owns the Windfall gold project in Canada.
Gold Fields' most significant gold operation is the Tarkwa mine in Southern Ghana, which consists of four open pits. Gold Fields holds a 90 percent interest in the mine, with the remaining 10 percent owned by the Ghana government. One of the largest gold mines in West Africa, Tarkwa produced 427,050 imperial ounces (12.12 metric tons) of gold for Gold Fields in 2025.
The firm's next largest assets is its wholly owned Salares Norte operations in Chile's Atacama Desert, which came online in 2024. Salares Norte produced 396,510 imperial ounces (11.24 metric tons) from two open pits in 2025.
Close behind is its wholly owned St Ives complex in the Eastern Goldfields region of Western Australia. The operation, which commenced production in the 1980s, currently consists of four open pits and seven underground mines. It delivered 369,550 imperial ounces (10.48 metric tons) of gold in 2025.
9. Kinross Gold (TSX:K,NYSE:KGC)
Production: 62.58 metric tons
Kinross Gold ranks ninth on this list of top gold producers with 62.58 metric tons of attributable gold equivalent production in 2025. Kinross maintains considerable and steady output from a portfolio of six assets across Canada, the US, Brazil, Chile and Mauritania.
Kinross has full ownership over all its operating assets, with the exception of its 70 percent owned Manh Choh mine in Alaska, US. The company began processing ore from Manh Choh at its Fort Knox operations through the Peak Gold joint venture in 2024.
The biggest contributor to Kinross’s output is its Paracatu mine in Brazil, which produced 601,318 ounces of gold (18.7 metric tons) in 2025.
Among Kinross’ other assets is the Tasiast mine in Western Mauritania, which produced 503,429 ounces of gold (15.66 metric tons) in 2025. Tasiast is currently an open-pit operation, and the company has been working to explore the underground potential of the mine at several key targets.
10. Northern Star Resources (ASX:NST,OTCPL:NESRF)
Production: 48.6 metric tons
Northern Star Resources produced 48.6 metric tons of gold in the 2025 calendar year, making it the world's 10th largest gold producer.
The majority of the company's production came from its mines in Western Australia, which it groups into the Kalgoorlie and Yandal production centers.
The Kalgoorlie production center produced a combined 836,342 ounces of gold (26.01 metric tons) from the KCGM, Carosue Dam and Kalgoorlie operations. Its Yandal Centre, which consists of the Jundee, Thunderbox and Bronzewing operations, accounted for a further 456,330 ounces of gold (14.19 metric tons).
The company also owns the Pogo mine near Fairbanks in Alaska, US, which contributed 269,894 ounces of gold, or 8.39 metric tons.
As Northern Star reports using a July to June fiscal year, its gold production for the 2025 calendar year was calculated using data from the company's 2025 March and June quarterly reports and its report for the half year ending on December 31, 2025.
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Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.
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The Conversation (1)
Dean has been writing in one form or another since penning stage plays in his youth. He is a graduate of both Emily Carr University and Simon Fraser University, with a BFA in photography and a BA in communications.
As a writer, Dean has traveled throughout BC and the Pacific Northwest covering cultural events, interviewing small business owners and working alongside fellow writers and photographers from publications like Rolling Stone Magazine, Spin and the Georgia Straight.
Dean has a keen interest in investing, and enjoys learning about the mining industry and better understanding the technical aspects of trading. In his spare time, Dean is an avid home chef, ponders the space-time continuum and makes his own cider. On weekends he can be found cycling the Seawall, exploring farmers markets or sampling the city’s local craft breweries.
As a writer, Dean has traveled throughout BC and the Pacific Northwest covering cultural events, interviewing small business owners and working alongside fellow writers and photographers from publications like Rolling Stone Magazine, Spin and the Georgia Straight.
Dean has a keen interest in investing, and enjoys learning about the mining industry and better understanding the technical aspects of trading. In his spare time, Dean is an avid home chef, ponders the space-time continuum and makes his own cider. On weekends he can be found cycling the Seawall, exploring farmers markets or sampling the city’s local craft breweries.
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Dean has been writing in one form or another since penning stage plays in his youth. He is a graduate of both Emily Carr University and Simon Fraser University, with a BFA in photography and a BA in communications.
As a writer, Dean has traveled throughout BC and the Pacific Northwest covering cultural events, interviewing small business owners and working alongside fellow writers and photographers from publications like Rolling Stone Magazine, Spin and the Georgia Straight.
Dean has a keen interest in investing, and enjoys learning about the mining industry and better understanding the technical aspects of trading. In his spare time, Dean is an avid home chef, ponders the space-time continuum and makes his own cider. On weekends he can be found cycling the Seawall, exploring farmers markets or sampling the city’s local craft breweries.
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