Top 5 Gold Producers Revealed: Is India on the List?

• China leads global gold production with 380 tons in 2024, driven by large mines in Shandong, Henan, and Inner Mongolia, and efficient operations post-mergers.
• Russia secures the second spot, extracting 310-330 tons from mines like Olimpiada in Siberia, maintaining stable production despite sanctions by focusing on non-Western markets.
• Australia ranks third, producing 290-300 tons, excelling in open-pit mining with sites like Boddington and Cadia, supported by stable regulations and large reserves.
• Canada produced approximately 200 tons from Ontario, Quebec, and British Columbia, benefiting from investor-friendly policies, strong geology, and increasing reserves.
• America, with Nevada contributing 75%, produced 160-170 tons of gold, supported by large companies, long-life mines, and strong refining and export capabilities.

Why It Matters: China, Russia, Australia, Canada, and America are the top 5 gold producers; India is not among them.