The Top 10 Gold Producing Countries. The recovery in a few countries like Chile and Indonesia coupled with extra output from new projects in Panama and the DRC helped to balance the Covid-19 impacts on global copper mine output. 2020. Overall production of copper is forecast to drop by 1.5% in 2020, falling to 20.3Mt. The demand for copper is expected to rise further amid rising concerns about low copper inventories. Although gold mining is a global business, just three countries—China, Australia, and Russia—accounted for 31% of global gold production in 2020. Skip navigation. The plant is located in Eldorado Valley, just south of Boulder City, Nevada. | Foran Mining Corporation (TSXV:FOM) is a diversified exploration and development company with projects in central Canada's Flin Flon mining belt. After a growth of 2.5% in 2018, world mine production, after adjusting for historical disruption factors, is expected to grow by 1.9% . China's share represented 53.6% of the world's total refined copper consumption in 2020, according to a report by ECLAC. The strength in copper may come as a surprise given the pandemic's dislocation of the world economy. The company's attributable copper output increased 1% compared to 2019 (1,706 ktonnes). China accounted for 53.6% of the world's refined copper consumption in 2020 According to the latest stats from financial market data provider Refinitiv, the following top copper-producing companies produced the most copper in 2020. Lockdowns across Chile, Peru, and Mexico including closure of some of world's largest copper mines were a key factor behind a 3.7% collective decline in copper output from the world's top ten producers in Q2 from 2.7 million tonnes (Mt) to 2.6Mt. PDF The World Copper Factbook 2021 Peru produced 2,436,951 metric tons of copper in 2018 and produced over 2.5 million metric tons in 2019. So far in 2021, the price of copper reached a record high before falling back slightly as the coronavirus pandemic continues to hit all markets around the world.. For investors interested in the red metal, it's worth looking at copper production by country.