Gold Miners by Company

Largest Gold Miners

Across: output. Up: margin. Dot size: revenue.

Gold Miner Revenue Trend

Newmont

$22.1B

Barrick

$17.0B

Agnico Eagle

$11.9B

AngloGold

$9.9B

Gold Fields

$8.8B

Kinross

$7.2B

Fiscal 2016 to 2025, one scale.

Gold Miner Capital Spending

Latest fiscal year.

All-In Sustaining Cost Curve

USD per ounce.

Spread of $298/oz between Agnico Eagle and Barrick Mining

Gold averaged $3,442/oz in 2025

Miner and Royalty Stocks Against Gold

Indexed to 100 in 2022.

Agnico Eagle

354

Wheaton

320

Barrick

219

Newmont

189

Franco-Nevada

175

January 2022 to September 2026, one scale. Grey: gold, 238 in the latest month. Dashed: 100. Franco-Nevada and Wheaton are royalty companies.

Gold Miner Free Cash Flow

Operating cash flow minus capex.

Operating Cash Flow Versus Capex

2025, USD.
CapexOperating cash flow
Newmont$3.04B$10.33B
Barrick$3.89B$8.08B
Agnico Eagle$2.56B$6.82B
AngloGold$1.61B$4.71B
Gold Fields$1.43B$4.55B
$0B$2B$4B$6B$8B$10B$12B

Ask Sterling

Register for a premium account to gain access to Sterling AI.

Get Started

Things you can ask Sterling:

Summarize Tesla's latest earnings reportWhy did NVIDIA's margins expand?Compare Apple vs Microsoft's cash flowWhat's driving EV industry growth?
Menu
Favorites
Gold Mining Companies: Largest Gold Miners (2026) | Sterling