Australian Gold Producing Companies

With Australia boasting of processing a significant share of the world’s economic gold reserves, here you can find the top producers. Many firms mine, process, and produce gold in this country. Therefore, people can take a look at some of the top companies that mine gold in Australia.

Australia is actually ranked second in the world when it comes to producing gold. Only China produces more gold than this country. In the period between 2015 and 2016, Australia produced 282 tonnes of precious gold. Here are some of the gold mining companies that bring pride to Australia.

Newcrest Mining

The Newcrest Mining firm is located in Melbourne, Victoria. It is the fourth largest gold mining company in Australia, and it started its operation in 1996. You can find its other mines in the Ivory Coast, Papua New Guinea, and Indonesia. Moreover, this firm discovered an orebody in the city of Orange when it started operating in 1992. Due to its gold production operations, it has a cap of $24.8 bn on the stock market in Australia.

Northern Star Resources

This company is second on the chart of top gold mining businesses in Australia. It produces some of the best gold in the world. Moreover, Northern Star Resources runs its operations in Western Australia. In a good year, this company produces about 525,000 to 575,000 ounces per annum.

Evolution Mining

One of the gold specialists in Australia is Evolution Mining. It has its headquarters located in Perth. It started its operation in 2011 and is ranked 49th in the world. You can find some of its operations in New South Wales, Queensland, and Western Australia.

Regis Resources

Regis Resources focuses on gold exploration and mining. It is based in Perth and boasts of mid-size gold production in Australia and Africa. This company is purely into gold mining and produces some of the best gold in the world.