5 Countries That Produce the Most Gold in the World

2. Russian Federation

Gold Mining Production Volume: 324.7 Tons

Russia is one of the world’s leading gold producers and has vast reserves of the precious metal. The country’s gold mining industry has been steadily growing over the years, benefiting from its extensive mineral-rich territories. Major gold mining companies in Russia include Polyus, Polymetal, Kinross Gold, and Highland Gold, among others. These companies employ advanced mining technologies and practices to extract gold efficiently and sustainably.

Siberia, the Russian Far East, and the Urals are among the key regions where significant gold deposits are found. The exploration and development of these deposits contribute significantly to Russia’s gold production.