10 BIGGEST Gold Mines in the WORLD!

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this video is extra valuable since we are talking about the biggest gold mines in the world number 10 Grass burg in Papua this Indonesian gold mine Grass burg is owned by freeport-mcmoran with a large sharing preparation with Rio Tinto the mine contains a deposit of over 106 million ounces of gold in the year 2016 this mine produced more than 1 million ounces of the precious metal the gold deposits on Mount Carsten JH were first exposed by a Dutch geologist in the year 1936 following the enactment of foreign investment laws in the year 1967 the grass berg mine opened officially in the year 1973 in February 2017 freeport-mcmoran announced that it was momentarily halting mining operations at grass burg after a failure to reach an arrangement with the Indonesian government on a long-term investment plan grass berg is also known for copper extraction as it is also the third largest copper mine in the world the mine is located 4,100 metres above sea level number 9 south deep south deep gold mine is located near Johannes Berg in South Africa and situated in the northeast of the country in Gauteng South deep contains a predictable value of eighty 1.4 million ounces of gold and the mining project began at south deep in the Year 1961 Gold Fields limited developed the mining operations in the year 2006 the mine is almost three thousand metres below the surface south deep also ranks as one of the deepest mines in the world and it has produced 290 thousand ounces of gold in the year 2016 which is a 47 percent increase in production over the preceding year gold fields are expecting to increase gold production to 500,000 ounces per year by the Year 2023 number 8 Li here this gold mine is located on Neola Island in Papua New Guinea it consists of a complex of numerous overlapping volcanoes which are 700 meters above sea level this mine is located inside a defunct volcano crater and is predicted to contain about 60 4.1 million ounces of gold the gold production at this extensive open pit mine started in the year 1997 the mine is currently kept by new crest which is an Australian company that developed it for twenty two billion dollars in the year 2010 Lee here produced over 900 thousand ounces of gold in the previous financial year making it one of the biggest gold producing mines in the world the mine has had an entire output of over 10 million ounces since construction began 20 years ago number seven more on Tao at number seven we have one of the largest gold mines in the world by its deposit size with about 50 million ounces of gold mined in it this mine is located in Kissel Combe desert in Uzbekistan Lauren Tao is also the biggest open-pit gold mine in the whole world the large mine is owned by the government of Uzbekistan a large gold and arsenic geochemical irregularity detected during systematic geochemical sampling and in the geological mapping of the area uncovered the Moran Tao deposit after the huge gold deposit was discovered in the year 1958 methodical mining of gold began in the year 1967 and it has been ongoing since with about 2.2 million ounces of gold produced in the last year more on Tao ranks as the world's largest gold producing mine area although these figures are questionable due to the use Beck government's unwillingness to share information about the mine number 6 olimpiadas this is one of the largest gold mines in Russia located in Krasnoyarsk Krai this mine has a ton of resources still remaining and reserves of 30 million ounces of gold still in it it is nestled in Russia's most industrious gold mining region the gold deposits at olimpiadas were first exposed in the year 1970 with open-pit mining beginning 26 years later olimpiadas also forms the largest operation of Palouse which is Russia's largest gold producer in the last year it produced more than nine hundred and forty three thousand ounces of gold which is up almost 18 percent over the previous year number five oh you told guy moving on the O youto going gold mine is located in the South Gobi Desert in Mongolia this gold mine is jointly owned by turquoise Hill which is a Rio Tinto owned subsidiary and also by the Mongolian government oh you Togo is expected to contain forty-six point three million ounces of gold and is one of the most newly developed gold mines on this list the deposits were discovered in the year 2001 the construction on the gold mine began in the year 2010 and the first shipment came in the year 2013 well oh you told gos gold deposits are very much impressive its copper deposits are knowingly larger at forty billion pounds gold production reached three hundred thousand ounces in the last year with turquoise hill projecting a smaller output of between 100,000 and 150,000 ounces in the years to come number four pueblo viejo and number four we put pueblo viejo the largest gold mine in america located in sanchez ramirez province in the dominican republic it is also the first exploited mined by Spaniards in America this gold mine is located about 100 kilometres from the Dominican Republic's capital of Santo Domingo Pueblo Viejo contains about 40 million ounces of gold deposits in it this is owned jointly by the Barrick Gold Corporation and also by Gold Corp Inc pueblo viejo x' production began in the year 2012 with the mine reaching full production by the year 2014 Pueblo Viejo's gold output is very much impressive and 950 three thousand ounces of gold have been produced in the last year it attained the position of one of the largest gold producers in the world that year and has increased 23% year over year growth here gold is recovered from the ore using a pressure oxidation process and it is done in four autoclaves number three in pony this South African mine is situated at a distance of 65 kilometers from yo.hannes burg and is located in the mining heavy region of Witwatersrand component is predicted to contain average gold deposits of 39.6 million ounces this large mine is possessed by a major South African mining company named AngloGold Ashanti and construction there began in the year 1981 with the main shaft reaching conclusion in 1986 at 2.5 miles deep this gold mine is also one of the world's deepest mines with an output of 253 thousand ounces of gold the production at in Penang has been falling year-over-year for over a decade down from an all-time high of six hundred thousand ounces a year number two Cadia East this gold mine was found in New South Wales Australia and located about 250 kilometres to the west of Sydney Cadia East is the largest and newest in a compound of three gold mines which is owned by the Australian mining company new crest this mine boasts a predictable value of thirty seven point six million ounces of gold deposits though it was discovered in the year 1994 production did not actually begin until January of 2013 Cadia East also stands as Australia's main underground mine and its first panel cave mine gold production in the last financial year reached almost six hundred and seventy thousand ounces with a predictable lifespan for the mine extending until at least 2014 three and now the number one biggest and longest serving goldmine of all time but first hit the thumbs up and that subscribe button if you like this video and speak up in the comments what do you think is gold the way of the future the price of gold has been going up recently do you think we should buy more gold the owners of these mines sure hope so number one oh boo Aussie and finally this is it at number one we have the oh boo Aussie gold mine located in the Ashanti region in Ghana gold mining began more than one hundred and twelve years ago when it was first known as the Ashanti mine the land is owned by a santa hen a king o say - - Oh wha C contains and assessed twenty nine point eight million ounces in gold deposits this sole mine combines chiefly underground mining with some open pit operations oh boo Aussie stands as the ancient working mine on this list in spite of its size AngloGold Ashanti closed operations at the mine in the year 2014 this is based on profitability concerns with only a small safety force remaining on the site the company is presently at work on a development plan for the future the most current available production figures date from when aguas e produced almost three hundred and eighty-one thousand ounces of gold in the year 2008 AngloGold Ashanti operations consisted of oh boo oo c and e duo Preem gold mine which contributed 11 percent of the company's annual production both of the mines became part of AngloGold Ashanti when the Ashanti Gold Fields corporation merged with the Anglo Gold Corporation of South Africa in the year 1990 in 2009 this mine employed more than 5,700 people absolutely amazing you