5 The Largest Gold Mine in The World

Grasberg

Grasberg, Papua

Grasberg, Papua

The Grasberg mine is the largest gold mine and the third largest copper mine in the world. Located in Papua province in Indonesia near Puncak Jaya, the highest mountain in Papua, and has 19,500 employees. Mining operations operated by Freeport reached 1.444 million ounces.

Cortez

Cortez, Nevada

Cortez, Nevada

Cortez is one of the oldest mines in the world. Operated since 1862 Cortez gold mine consists of three operations, namely Pipeline, South Pipeline and Cortez Hills. Pipeline and South Pipeline are open mines, while Cortez Hills is still under construction for underground mining. Cortez is located in the Nevada United States, operated by miner Barrick Gold Corporation. The workforce is approximately 17,500 people.

Veladero

Veladero, Argentina

Veladero, Argentina

Veladero mine, Argentina’s largest gold mine. The gold mine is operated by Barrick Gold Corporation miner with 900,000 troy ounces in 2011. The Veladero gold mine contributes a lot to the province of San Juan such as reducing unemployment, infant mortality, education, and poverty.

Goldstrike 

Goldstrike, Nevada

Goldstrike, Nevada

Goldstrike is a gold mine in Eureka County in north-eastern Nevada. It is located on the Carlin Trend, a prolific gold mining district. It is owned and operated by the world’s largest gold mining company, Barrick Gold. Goldstrike is the largest gold mine in North America. Since Barrick acquired Goldstrike in 1986 it has produced 42 million ounces of gold.

Yanacocha 

Yanacocha, Peru

Yanacocha, Peru

Yanacocha is known as the largest gold mine in Latin America. Yanacocha itself is located in Peru since it opened in 1993, there are three active mining areas. Since its construction, the mine has produced more than 26 million ounces of gold. Yanacocha is a wholly owned and operated gold producer based in Colorado, Newmont Mining. The company holds 51.35% of the property and the rest is claimed to belong to Compania de Minas Buenaventura. The impact of the mine’s existence is to improve economic and social stability, create jobs and build community infrastructures, such as agricultural infrastructure, educational facilities, and tourism.