Page 25 - Bullion World Volume 3 Issue 4 April 2023
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Bullion World | Volume 3 | Issue 4 | April 2023
Performance of Leading Gold Mining
Companies-2022
Newmont. 5,956 Gold Fields. 2,399 koz.
koz. Newmont’s Gold Fields had a stable
attributable production in 2022, with
gold production was flat in 2022 year-over-year and attributable gold equivalent
amounted to 5,956 koz. production of 2,399 koz, up
3% year-over-year.
Barrick. 4,141 koz.
Barrick’s 2022 gold Kinross. 2,200 koz. Kinross
production was 6.7% produced 2,200 koz of gold
lower year-over-year in 2022 (total attributable
at 4,141 koz. Barrick production), a 6% increase compared with 2,068 koz in
reported that infrastructural issues impacted its 2021. The company said that year-over-year increase
2022 production at Turquoise Ridge in Nevada and was largely a result of higher production at Tasiast due
the replacement of the rock winder at Kibali in the to the temporary suspension of milling operations in
Democratic Republic of Congo. the prior year, and production at La Coipa due to the
restart and ramp-up in the current year.
Agnico Eagle. 3,135
koz. Agnico Eagle's Newcrest. 2,163 koz.
payable gold production Australian gold miner
was 3,135,007 ounces Newcrest, the largest gold
in 2022, up 50% producer listed on the
compared to 2021 Australian Securities Exchange, produced 2,163 koz
(2,086,405 ounces). The company said that its 2022 of gold in 2022 (calendar year), up 15% compared to
gold production was higher y-o-y primarily due to 2021.
the inclusion of the production from the Detour Lake,
Fosterville and Macassa mines. Freeport-McMoRan.
1,811 koz. Freeport-
AngloGold Ashanti. 2,742 McMoRan produced
koz. The company’s gold 1,811 thousand ounces of gold in 2022, which is
production in 2022 rose an increase of 31.1% over 2021 (1,381 thousand
11% to 2,742,000 ounces ounces), primarily reflecting higher operating rates
compared to 2,472,000 and recoveries at the Grasberg minerals district in
ounces in 2021. AngloGold Indonesia, which is one of the world's largest copper
Ashanti explained that operational improvements and gold deposits.
followed solid performances across the portfolio,
underpinned by an improving grade profile amidst the Zijin Mining. 1,797 koz.
ongoing reinvestment programme, and with Obuasi China’s Zijin Mining
continuing its planned ramp-up. increased its mine-
produced gold output
Polyus. 2,541 by 17.7% y-o-y to 1,797 koz in 2022 following the
koz. Polyus, successful production commencement of key projects,
Russia’s largest primarily the Upper Zone of the Cukaru Peki copper
gold producer, and gold mine in Serbia.
produced
2,541 koz in 2022, down 6.5% compared to 2,717
thousand ounces produced in 2021. Polyus said that
the decrease in production was primarily driven by
lower production of refined gold at Olimpiada due to
temporary decline in grades in ore processed.
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