Posted by Francis Koh on 26 Feb 2015

UPDATED: The world's top 10 gold producers

Four out of 10 companies suffered a decline in their attributable gold output while six of them achieved growth.

With 6.25 Moz of gold produced in 2014, Canada's Barrick Gold Corp. (TSE:ABX) holds first place in global ranking, well ahead of its competitors.

Compared to 2013's 7.17 Moz, Barrick’s gold output declined by 13%, mainly because of significant drop in output at its Cortez Mine (-33%), as well as a number of gold mines in Australia and USA which Barrick sold during the year.

UPDATED: The world's top 10 gold producers  UPDATED: The world's top 10 gold producers

The US-based Newmont Mining Corporation (NYSE:NEM) ranks second in the global gold competition and produced about 4.85 Moz of the precious metal in 2014, a 4% decline on 2013 (5.07 Moz), due to a significant decrease of gold output at its North America’s operations (-16%) and decline at Newmont’s Australia/New Zealand operations (-6%).

Read More: www.mining.com/top-10-gold-companies-in-2014-67501/