Gold Mining Market Size, Share, Competitive Landscape and Trend Analysis Report, by MINING METHOD and, by END-USER : Global Opportunity Analysis and Industry Forecast, 2023-2032

Gold mining is a process of extracting gold from the gold mine by various methods such as placer mining and hardrock mining. Early miners extracted gold by placer mining. Placer mining uses a variety of technique such as panning, sluice boxing, hydraulic mining, and dredging. All these techniques use the same principal, which is gravity and running water to extract gold. The dense gold gets separated from the lighter sand and gravel as the running water passes through the ore. Most of the current gold production is from hardrock mining. Hardrock mining is an underground mining technique in which underground tunnels are made, which allows massive underground excavation of the gold ore.

Increase in demand for gold and increase in the use of gold in various industries drive the growth of the gold mining market. However, the cost of mining is extremely high, which hinders the growth of the market. Development of better mining equipment is expected to provide lucrative growth opportunity for the market.

The gold mining market is segmented on the basis of mining method, end user, and geography. By mining method, the market is bifurcated into placer mining and hardrock (lode) mining. Based on end user, it is categorized into investment, jewelry, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Some of the major players analyzed in this report are Barrick Gold Corporation, Newmont Mining Corporation, AngloGold Ashanti Ltd, Goldcorp Inc., Kinross Gold Corporation, Newcrest Mining Ltd, Gold Fields Ltd, Polyus Gold International Ltd, Agnico Eagle Mines Ltd, and Global Gold Mining Market.

Key Benefits

• The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the investment pockets.
• Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
• The report provides a quantitative analysis to help the stakeholders to capitalize on prevailing market opportunities.
• Extensive analysis of different segments facilitates to understand various products of the market.
• Key players are profiled and their strategies are analyzed thoroughly, which predict the competitive outlook of the market.

  Gold Mining Market Report Highlights

Aspects	Details
By MINING METHOD	PLACER MINING HARDROCK (LODE) MINING
By END-USER	INVESTMENT JEWELRY OTHERS
By GEOGRAPHY	NORTH AMERICA U.S. Canada Mexico EUROPE Germany France UK Italy Spain Rest of Europe ASIA-PACIFIC China Japan India Australia South Korea Rest of Asia-Pacific LAMEA Brazil Saudi Arabia South Africa Rest of LAMEA
Key Market Players	NEWCREST MINING LTD, AGNICO EAGLE MINES LTD, BARRICK GOLD CORPORATION, GLOBAL GOLD MINING MARKET, POLYUS GOLD INTERNATIONAL LTD, GOLDCORP INC, ANGLOGOLD ASHANTI LTD, KINROSS GOLD CORPORATION, NEWMONT MINING CORPORATION, GOLD FIELDS LTD