5 Biggest Gold Mines in the World

3. Grasberg

Total production in 2021: 1.37 million

The Grasberg gold mine is located in the Mimika Regency, Central Papua, Indonesia. The mine is operated by the American mining giant Freeport-McMoran.

The company’s stock recently jumped as investors believe China’s reopening could bode well for the mining companies like Freeport. As of the end of the third quarter, 57 hedge funds tracked by Insider Monkey reported having stakes in the company.