Despite being adversely affected by the Covid-19 pandemic, global gold production still surpassed 100 million ounces in 2020 and is expected to bounce back this year as economies continue to recover and miners ramp up operations.
To see which mining operations were the biggest contributors to the world’s gold output, MINING.com and sister company MiningIntelligence collaborated to provide a ranking of the top gold producers based on production for the 2020 calendar year.
All in sustaining costs (AISC) are calculated from quarterly reported costs and production. AISC takes into account administrative, exploration, reclamation and other sustaining costs not just cash production costs. (Freeport does not report AISC at Grasberg but a Total Cost figure that includes depreciation, depletion and amortization and other non-cash items)