Top 10 largest gold mining companies in H1 2023

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A roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.

- Newmont was the world’s largest gold mining company in H1 2023 , followed by Barrick and Agnico Eagle. The top 10 gold producers mined 13.9 million ounces of gold in H1 2023, up 3% compared to H1 2022.

2. Barrick, 1,961 koz. Barrick sits second with 1,961 thousand ounces of gold produced on H1 2023, a 4% decline compared to H1 2022 . The company said that its H1 2023 production was lower y-o-y primarily due to the conversion of the Goldstrike autoclave to a conventional CIL process in the first quarter of 2023 and the closure of the Gold Quarry concentrator at the beginning of the second quarter.

5. Navoi, 1,425 koz. Uzbekistan’s Navoi, a state owned mining company, sits fifth and produced 1,425 thousand ounces of gold in H1 2023, up 2.1% from H1 2022. The company owns and operates the Muruntau open pit mining complex, one of the largest gold mining operations in the world by production and reserves / resources.

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