Africa produces nearly a quarter of the world's gold supply, more than any other region, according to World Gold Council production data for 2024 visualized by Elements by Visual Capitalist. China led all individual countries with 380.2 tonnes of gold production, retaining the top spot it has held for over a decade and accounting for more than 10% of global mine output.

Russia ranked second in gold production, followed by Australia, Canada, and the United States to round out the top five producing countries globally. The data shows that production is concentrated among a small number of major producers, while Africa's regional total -- led by countries including South Africa, Ghana, Mali, and Burkina Faso -- collectively exceeds any single major producing nation outside China.

Gold mine production data from 2024 provides context for the current supply picture in a year when gold prices have climbed sharply. Higher gold prices in 2025 and 2026 have improved mining economics meaningfully, contributing to the record free cash flow reported by major producers in Q1 2026. Investment firms and mining sector companies that communicate production trends and supply dynamics through content strategy for investment firms resources are better positioned to attract and inform the audiences making capital allocation decisions.

Source: Elements by Visual Capitalist -- https://elements.visualcapitalist.com/ranked-the-worlds-top-gold-producers/