Do you know what 10 biggest gold mining companies in the world are? If not, you came to the right place!
You might think that this isn’t any of your business and that you have much bigger and important issues to read and discuss and you wouldn’t be wrong. Hell, as far as I am concerned, the gold industry can dry out of resources and I would still be more concerned about the concrete in front of my house. It is my house, after all.
But since we all buy jewelry for ourselves and as presents, we should all be concerned about the gold market out there. We have to know whether our next salary would go to the jeweler for the simplest bracelet we ever saw to give to our friend for her birthday, or how long will it take to collect enough money for wedding rings etc.
The way I see it, no matter how fragile market can be, the gold mining companies will always be above the border, especially these 10. Since gold is not used only for the jewelry (although, in most cases, this is the biggest purchasing market out there), but for the wires, tools, equipment, etc.
But although gold has been very valued, up to this point it has been negatively affected by the dollar. Now, when Trump came to the throne, what is going to happen with the gold mining companies due to all the new taxes and unstable interest rates? Of course, we can all just assume and guess, but neither the analysts can say for sure what would happen to the gold industry during the next four years.
For now, these 10 biggest gold mining companies in the world have produced the biggest annual amount of gold in 2015, at least according to the survey by the Thomson Reuters GFMS. Just in that year, the total amount of gold produced weighted 3,158 metric tons. And what were the gold mining companies that contributed that high production the most? Click on 10 biggest gold mining companies in the world by Insider Monkey and find it out!