August 19, 2020

Top 10 Companies Of Gold Mining in the Industry

Gold mining is a process of extracting gold from the gold mine using placer mining and hard rock mining. Early miners extracted gold by placer mining. Placer mining uses multiple techniques such as panning, sluice boxing, hydraulic mining, and dredging. All these techniques use the same principle, which is gravity and running water to extract gold. The dense gold gets separated from the lighter sand and gravel as the running water passes through the ore. Most of the current gold production is from hard rock mining.

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Some of the key players influencing the Gold Mining Industry are

  • Agnico Eagle Mines Ltd
  • AngloGold Ashanti Ltd,
  • Barrick Gold Corporation
  • Global Gold Mining Market
  • Gold Fields Ltd
  • Goldcorp Inc.
  • Kinross Gold Corporation
  • Newcrest Mining Ltd
  • Newmont Mining Corporation
  • Polyus Gold International Ltd

The Gold Mining market has witnessed significant growth owing to factors such as the growth of the chemical industry. Moreover, an increase in demand for gold and an increase in the use of gold in various industries drive the growth of the gold mining market. However, the cost of mining is extremely high, which hinders the growth of the market.

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The "Global Gold mining Market Analysis to 2027" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Gold mining market with detailed market segmentation type, application, and geography. The global Gold mining market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Gold mining market players and offers key trends and opportunities in the market.