Precious Metals
Gold production in Kazakhstan and major projects
According to GlobalData, Kazakhstan is the world’s thirteenth-largest producer of gold, with output of 2,683koz in 2022, up by 2%…
The post Gold production…
According to GlobalData, Kazakhstan is the world’s thirteenth-largest producer of gold, with output of 2,683koz in 2022, up by 2% on 2021. Over the five years to 2021, production from Kazakhstan increased by a CAGR of 6% and is expected to drop by a CAGR of 0.23% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Gold Mining to 2026 report. Buy the report here.
Kazakhstan accounts for 2% of global production, with the other largest producers being China (11%), Australia (10%), Russia (8%) and Canada (7%).
Leading producers of gold in Kazakhstan are Glencore, Polymetal International and KAZ Minerals. Glencore’s output was 646.43koz in 2021, down by 7% on 2020. Polymetal International produced 456.92koz, an increase of 1%, and output from KAZ Minerals was 139.52koz, a decrease of 15% on the previous year.
For more detailed analysis of global gold mining, buy the report here.
The post Gold production in Kazakhstan and major projects appeared first on Mining Technology.
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