Top 10 Largest Global Gold Mining Stocks

October 13, 2009 · 0 comments

in ADRs, commodities, foreign investment, gold, international stock market, mining, precious metals, resources, stocks

square gold barThis is a list, for resource purposes, of the world’s top gold producers by size (market capitalization).  For consistency and ease of comparison, I have listed them according to their NYSE ADR tickers and values, in order of their market cap. All values in USD.

Note that I have limited the list to producers more or less focused on gold production and not a wide range of metals mining (although many companies also engage in limited secondary metals mining).  You might want to see my list, instead, of the top diversified global mining producers.

Is $1000/oz. Too Late To Buy Gold? (includes list of common gold ETFs)

World’s Largest Gold Mining Companies

.
1. Barrick Gold (NYSE: ABX)
– Canadian company headquartered in Toronto.  Operates 27 mines worldwide.  See also the top 20 list of the largest Canadian gold stocksMarket Cap: $34.5Billion. Yield: 1.01%

2. GoldCorp Inc. (NYSE: GG) – Canadian company headquartered in Vancouver.  Note the different ticker symbol for the ADR.  GoldCorp is notable for its recent, fast growth rate and upward growth profile.  Market Cap: $31.0Billion. Yield: 0.43%

3. Newmont Mining (NYSE: NEW) – Headquartered in Denver, Colorado (USA). Market Cap: $22.8Billion Yield: 0.85%

4. Kinross Gold Corp. (NYSE: KGC) – Canadian company headquartered in Toronto. Market Cap: $16Billion. Yield: 0.44%

5. AngloGold Ashanti Ltd. (NYSE: AU) – Headquartered in Johannesburg, South Africa. Operates mines in Australia, South Africa, West Africa and South America.  Market Cap: $16Billion. Yield: 0.34%

6. Agnico-Eagle Mines Ltd. (NYSE: AEM) – Canadian company headquartered in Toronto.  Has a more international profile than GoldCorp.  Market Cap: $11.5Billion. Yield: %

7. Gold Fields Inc. (NYSE: GFI) – Headquartered in Johannesburg, South Africa and primarily trades on the JSE.  Has operations in South Africa, Ghana, Australia and Peru.  Market Cap: $10.3Billion. Yield: 1.37%

8. Compania de Minas Buenaventura (NYSE: BVN) – Headquartered in Peru and is Peru’s largest publicly-traded gold mining company, with significant domestic operations.  With seven domestic mines, it makes for a great, pure play in Peru gold.  Market Cap: $9.8Billion.  Yield: 0.1%

9. Yamana Gold Inc. (NYSE: AUY) – Canadian company headquartered in Toronto.  A relatively young company, having begun operations only in 2003.  Market Cap: $8.8Billion.  Yield: 0.33% For more information on Canadian gold stocks, see my list of Canadian gold penny stocks.

10. Lihir Gold (NASDAQ: LIHR) – Headquartered in Papua New Guinea with operations in Papua New Guinea, Australia and West Africa.  Note the different ticker for the TSX: LGG.  Market Cap: $7.1Billion.  No dividend.

You might also want to compare this list with other gold mining companies that pay dividends.  Also, for Canadians considering buying gold bullion itself, you should know that it is now possible to buy gold directly, online, through Scotiabank’s precious metals eStore.  For everyone else, you should also check out GoldMoney as an interesting online alternative to taking possession and delivery of your bullion.

If you found this article useful, please retweet it on Twitter or give it a stumble on StumbleUpon.  I’d also love it if you subscribe to my RSS feed for free tips and posts like this one delivered right to your reader or by email (posts are not for duplication).

Blog Traffic Exchange Related Posts Blog Traffic Exchange Related Articles From Other Websites

Leave a Comment

Subscribe without commenting

Previous post: How To Prepare Yourself For High Inflation If You Don’t Have Any Money or Investments

Next post: What To Do With Your Money When the Canadian Dollar Is Nearing Parity With the US Dollar