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Gold producing countries worldwide

Most of the gold still comes from China. Apart from that, a lot has happened in the ranking of the gold countries

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In 2019, a good 3,464 tons of gold were produced worldwide. More and more deep digging is needed, because the easily mined gold has probably already been discovered. South Africa used to be the largest gold producing country, but since 1970, production there has been declining. In China, 383 tons of gold were extracted from the ground last year. By the way, the ranking comes from the World Gold Council.

In second place is now Russia, which has ousted Australia. One country, Indonesia, has dropped out of the top 10 list completely. Brazil has moved in for it and has moved up to 10th place. A good 200 tons of gold (fourth place) came from the USA last year, 78 percent came from Nevada. This is the first time after five years of growth in the USA that production volumes have fallen.

In Canada (fifth place), gold production in 2019 has declined slightly. The next best performer, Peru, also saw its production of the precious metal decline for the fourth year in a row. After Ghana and South Africa comes Mexico, known as a silver country attractive to mining companies. Many promising companies such as Aztec Minerals and Vizsla Resources have established themselves here.

Vizsla Resources is exploring for gold and silver in Mexico. The company's Panuco mine will be transitioning to production shortly. Over 7 grams of gold and over 1,200 grams of silver per tonne of rock have already been identified.

Aztec Minerals focuses on properties in North, Central and South America. Its flagship project is the Cervantes gold-copper project in Sonoro, Mexico. The Tombstone Project in Arizona hosts epithermal gold-silver and silver-lead-zinc mineralization. 

Current company information and press releases from Vizsla Resources (https://www.resource-capital.ch/en/companies/vizsla-resources-corp/).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also 
applies: https://www.resource-capital.ch/en/disclaimer/ 

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