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/).
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