Barrick vs Newmont: The Battle of 2016’s Top Gold Producer

February 2016: In the race to become 2016’s highest producing gold miner, a recent analysis of both companies’ 2015 results suggest that Newmont could overtake Barrick Gold for the top spot.

The world’s number one and two gold producers released full 2015 results and 2016 outlooks in mid-February this year. The results show that Barrick Gold’s 2015 production of 6+ million ounces is substantially lower than its 7.7 million ounces in 2010 and 2011.

Significantly, the past year was the last period of 6m-plus ounces of production for Barrick Gold. Owing to its "current asset mix and subject to potential divestments", Barrick Gold predicts its annual gold production to remain at 4.5 million ounces until 2020.

In this period of production decline where Barrick Gold has been shutting down mines, the world’s second largest producer, Newmont Mining, is on the rise topping 5-million ounces for the first time in 2015. Newmont is set to remain stable at between 4.5 and 5 million ounces through 2020.

Keeping up to date on the Barrick Gold and Newmont’s African mining projects has never been easier than with a subscription to Africa Mining IQ, Africa's largest online mining intelligence portal.

Africa Mining IQ closely follows and reports on Barrick Gold and Newmont’s mining projects, with regular project status updates, tendering prospects and key contact details – giving its subscribers the exclusive insight to target this ever-growing business opportunity.

Africa Mining IQ gives you the competitive edge when targeting these lucrative mining projects:

  • Gain direct access to project management, with key contact details per project
  • Easy-to-use search facility with customisable, definable search criteria
  • Real-time reporting, charting and statistics on project activity
  • Receive direct email notifications of new and updated mining projects

With over 1 850 projects in Africa currently listed on its online database, Africa Mining IQ database covers extensive listings on the continent’s prominent minerals. A subscription to Africa Mining IQ provides members with the ability to track, target and record these mining projects with accurate, holistic information that is updated daily and accessible 24/7, 365 days a year.

More than 680 mine owners are listed on Africa Mining’s database, which allows subscribers direct access to them. Approximately 25% of the 170 companies subscribing to the information service stem from the global mining sector.

Africa Mining IQ is Africa's largest online mining portal!

Contact Africa Mining IQ today on +27 11 830 2132 to target business opportunities in Africa's growing mining industry!

The following leading companies use Africa Mining IQ:


PROJECTS IQ © Copyright 2018    Contact Us   Privacy Policy   Legal Notice   PAI Act   POPI

Projects IQ - Project Intelligence in Africa