RANKED: World’s top 20 gold projects

November 22, 2025

The combined ounces in the ground for the top 20 projects is north of 900 million and at today's prices worth a mouth-watering $3.7 trillion.

Gold bugs have been riding a scorching rally in 2025. With a gain of over 50%, gold is one of the best-performing assets year to date, buoyed by strong buying pressure from central banks and retail investors.

Gold shot up to a record high close to $4,400 an ounce last month before succumbing to profit taking. After spending time below the $4,000 level, expected US interest rate cuts and persistent fears about inflation saw bullion climb again this month.
While some of the 20 largest properties ranked by measured and indicated gold resources including reserves face an uphill battle to go into production and many greenfield properties have been stalled for years, the pipeline of potential projects continues to swell as gold prices stay on the boil.

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