Precious Metals
Gold production in Canada and major projects
According to GlobalData, Canada is the world’s fourth-largest producer of gold, with output of 7,765koz in 2022, up by 11%…
The post Gold production…
According to GlobalData, Canada is the world’s fourth-largest producer of gold, with output of 7,765koz in 2022, up by 11% on 2021. Over the five years to 2021, production from Canada increased by a CAGR of 4% and is expected to rise by a CAGR of 19% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Canada Gold Mining to 2026 report. Buy the report here.
Canada accounts for 7% of global production, with the other largest producers being China (11%), Australia (10%), Russia (8%) and the US (6%).
Leading producers of gold in Canada are Agnico-Eagle Mines, Newmont, Yamana Gold, Pan American Silver, Barrick Gold and Eldorado Gold. Agnico-Eagle Mines’s output was 1,544koz in 2021, up by 20% on 2020. Newmont produced 840.33koz, an increase of 1%, and output from Yamana Gold was 349.10koz, an increase of 13% on the previous year.
For more detailed analysis of gold in Canada, buy the report here.
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