Gold is regarded as one of the most precious metals in the world, which accounts for its increasing demand as well as rising prices. Several countries across the world are revered for having immense reserves of this precious metal.
Here are top 10 biggest gold mines in the world:
10. Obuasi, Ghana
Located in Ghana in western Africa, Obuasi is one of the largest gold mines in the world, which is owned and operated by Anglo Gold Ashanti, a leading gold production company. It was unearthed a century ago, in 1897 and continues to yield as much as 29830000 oz of gold every year.
9. Cadia East, Australia
Next on the list is the gold mine at Cadia East in New South Wales in Australia, 250 km from the city of Sydney. The mine was discovered in 1994 and its annual yield reached 37600000 oz gold annually. It is owned by the leading Australian gold producer called Newcrest.
8. Mponeng, South Africa
Mponeng near Johannesburg in South Africa is the home to the eighth largest gold mine in the world, with an average annual yield of 39557000 oz of gold. Owned and operated by South African company AngloGold Ashanti, the mine is also among the deepest in the world, reaching two miles below the earth’s surface.
7. Pueblo Viejo, Dominican Republic
Featuring next on the list of top 10 leading gold mines in the world is the Pueblo Viejo mine in Dominican Republic, which is a joint venture of Barrick and Goldcorp. The mine which started operating in 2013 boasts of a tremendous annual production of 40085000 oz gold.
6. Oyu Tolgoi, Mongolia
The famous Oyu Tolgoi mine, which is located in the South Gobi Desert of Mongolia, comes next on this list, with an average annual yield of 46340000 oz gold, in addition to churning out an impressive quantity of copper. It is a joint venture of Rio Tinto, Turquoise Hill and Mongolia.