Russia and Australia have approximately 12,000 tons of undeveloped gold reserves each, which together account for almost 40% of the global total.
In total, 10 countries account for more than 85% of the world's untapped gold deposits, the value of which exceeds 7 trillion.
This visualization ranks countries by estimated amounts of economically recoverable gold deposits, giving an idea of where future mining investments may be concentrated. It estimates the total undeveloped reserves of gold, expressed in metric tons and calculated taking into account the gold price of 4,362 per troy ounce.
The largest undeveloped gold reserves in Russia are concentrated mainly in Siberia and the Far East, including large deposits in the Krasnoyarsk Territory and the Magadan Region, as well as in the Amur and Chukchi regions.
In Australia, most of the undeveloped gold lies in the resource-rich belts of Western Australia, in particular in the Yilgarn craton, where many of the country's largest existing and undeveloped deposits are located.
Classify the Country of Unearthed gold (t) Value (billion USD)
1 Russia 12,000 1,687
2 Australia 12,000 1,687
3 South Africa 5,000 701
4 Indonesia 3 800 505
5 Canada 3 200 449
6 China 3 100 435
7 USA 3 000 421
8 Peru 2 500 351
9 Brazil 2 400 337
10 Kazakhstan 2 300 323
11 Uzbekistan 1 800 252
12 Mexico 1 400 196
13 Ghana 1 000 140
14 Mali 800 112
15 Colombia 700 98
16 Tanzania 400 56
Emerging markets show great potential
Among the emerging economies, countries such as Indonesia, Peru and Brazil stand out. Indonesia, with reserves of 3,800 tons, ranks fourth in the world, while Peru and Brazil have reserves of 2,400 to 2,500 tons each.
These regions can receive significant investments as global demand shifts towards diversified supply chains and lower-cost mining opportunities.
The United States and China, which are the largest producers, still have significant undeveloped reserves of about 3,000 tons each. However, much of the new exploration in the world is being conducted in Africa, in countries such as Ghana, Mali and Tanzania. South Africa is the leader on the continent with reserves of 5,000 tons.
