List of the World's Most Gold Producing Countries

in #news6 years ago (edited)

It is undeniable that gold is a profitable investment. Because almost never find the price of gold down every year. Many countries have begun to collect gold in maintaining their economic defenses.

Speaking of gold, it's not far from Freeport's gold mine in Indonesia. Freeport shares have now increased to 51 percent from 9.36 percent previously. As quoted from Kompas.com, Vice President Jusuf Kalla assessed that Indonesia could take over PT Freeport Indonesia's shares more than 51 percent. However, this was not done due to various considerations. These considerations include technological factors, marketing of mining products, project management to the funds for divestment which are not small.

Looking at foreign countries, especially in Asia, China is one of the most passionate countries to collect gold. As quoted from globalresearch.ca, China is currently the largest gold producer in Asia and even in the world, followed by Australia and Russia. But for China's gold reserves are lower than Australia, Russia and even Indonesia.

It has long been assumed that China secretly built up its gold reserves by buying local production. In addition, China also invests in several gold-producing countries. Chinese companies have invested in gold mining in various regions of the world (including South Africa and Australia). China and Russia even collaborate in terms of joint ventures in gold mining.

The following is a list of the 13 largest gold producer countries in the world.


globalresearch.ca
List of the 13 largest gold producer countries in the world.

At present, Indonesia is ranked 11th out of the 13 largest gold producing countries.
Although not included in the top 10, Indonesia's gold reserves are even large above China, Peru and Brazil. It's really unexpected.

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Good post on gold, very informative

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