Top 20 Mines

First Quarter 2001

. Mine Country Owner Production Total cash costs US$/oz Total production costs US$/oz
(oz) (tonne)
1 Grasberg Indonesia Freeport Rio Tinto 946,000 29.4 n/a n/a
2 Muruntau* Uzbekistan Navoi Mining 422,265 15.0 n/a n/a
3 Betze Post US Barrick Gold 451,646 14.0 197 247
4 Yanacocha Peru Newmont (51.35%) Buenaventura (43.65%) 437,390 13.6 109 160
5 Driefontein South Africa Gold Fields 331,000 10.3 179 200
6 Twin Creeks US Newmont 304,300 9.5 200 243
7 Cortez US Placer Dome (60%) Rio Tinto (40%) 295,177 9.2 47 150
8 Kloof Division** South Africa Gold Fields 285,100 8.9 207 221
9 Great Noligwa South Africa AngloGold 243,000 7.6 140 147
10 Pierina Peru Barrick Gold 205,766 6.4 43 241
11 Round Mountain US Homestake (50%) Echo Bay (50%) 200,800 6.2 173 232
12 KCGM Australia Homestake (50%) Normandy (50%) 196,400 6.1 199 252
13 Kumtor Kyrgyzstan Cameco (33.3%) 188,901 5.9 127 n/a
14 Lihir Papua New Guinea Lihir Gold (83.7%) Rio Tinto (16.3%) 186,000 5.8 187 n/a
15 Porgera Papua New Guinea Placer Dome (50%) Goldfields (25%) 181,950 5.7 163 270
16 Carlin US Newmont 179,100 5.6 200 243
17 Randfontein South Africa Harmony 178,275 5.5 227 n/a
18 Free State South Africa Harmony 175,124 5.4 258 n/a
19 Meikle US Barrick Gold 161,832 5.0 115 161
20 Beatrix*** South Africa Gold Fields 160,800 5.0 198 215

*estimate for production **combined production for Kloof, Leeudoorn & Libanon ***includes production from Oryx, now integrated with Beatrix

(Source: GFMS)

Top 20 Mines - 1999

Top 20 Mines - 2000