The largest presumed gold reserves are said to be in Australia, followed by South Africa. This is followed by Russia, the USA, Indonesia and Brazil, Peru, Canada and China (United States Geological Survey).
In terms of production volumes, China is the front-runner. In 2007, China had overtaken South Africa. Last year 3,364.9 tonnes of gold were mined worldwide, more than in 2017. Many assume that 2018 was the historic "Gold Peak", the absolute historical high of gold mining. Whether or not that is the case cannot be said with certainty.
If you look for the highest gold density, you will find what you are looking for in South Africa. But the new largest gold producer in Africa is now Ghana, which offers more security than the neighbouring countries - although not everything is at its best in terms of infrastructure and bureaucracy. Here, however, the political environment is stable and mining-friendly. In 2018, the country increased its gold production by 12 percent over the previous year.
In Ghana, Cardinal Resources is working on the Namdini gold project (5.1 million ounces of gold, probable and proven) belonging to the Bolgatanga project and the Subranum gold project. Cardinal Resources - http://www.commodity-tv.net/c/search_adv/?v=299176 - has a 100% interest in the Namdini project, for which the feasibility study is expected in the third quarter of 2019.
Also in Africa, more precisely in Zimbabwe, Caledonia Mining has been successfully producing gold for years. The participation of local investors ensures the acceptance and profitable progress of the Blanket mine. The declared goal of Caledonia Mining - http://www.commodity-tv.net/c/search_adv/?v=298787 - is to increase production volume over the next few years.
Current company information and press releases from Caledonia Mining (https://www.resource-capital.ch/en/companies/caledonia-mining-corp/).
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