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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Leading Precious Metals Market Manufacturers
Companies are actively using advanced chemical processes and cutting-edge technology to refine, evaluate, and generate significant volumes of precious metals.
Anglo American Plc
Headquartered in the UK, Anglo American Plc is a leading global mining company that explores and mines precious base and ferrous metals.
Southern Copper Corporation
Founded in 1952, Southern Copper Corporation is a subsidiary of Grupo México SAB de CV and is a leading mining-metallurgical company, a global producer of copper, and other valuable by-products.
Newmont Corporation
Newmont is primarily engaged in the production of gold with significant operations or assets in the US, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia and Ghana. The company is also engaged in the production of copper, silver, lead, and zinc.
Northam Platinum Holdings Limited
It specialises in the mining of platinum group metals (platinum, palladium, and rhodium). It operates three wholly owned mines; Zondereinde, Booysendal and Eland, located in the Bushveld Complex of South Africa, and also a PGM recycling facility in the United States of America (US).
Other notable players operating in the global precious metals market are Newcrest Mining Limited, and Kinross Gold Corporation, among others.
Precious Metals Market Report Snapshots
Precious Metals Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a volume of 436.05 KMT in 2023.
The market is projected to grow at a CAGR of 4.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of 659.30 KMT by 2032.
The key types are gold, silver, platinum, palladium, and rhodium.
The key regional markets for precious metals are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The factors driving the growth of the market are the rising demand for precious metals in jewellery, the increasing use of platinum and palladium in the automotive sector, and the emerging demand for lightweight vehicles.
The key trends of the market include the increasing adoption of gold and silver as investments, rising technological advancements, and the expansion of the semiconductor manufacturing sector.
The key players in the market include Anglo American Plc, Southern Copper Corporation, Newmont Corporation, Northam Platinum Holdings Limited, Newcrest Mining Limited, and Kinross Gold Corporation, among others.
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