Today’s news is about the constant battle to become the mining industry’s “Top Dog.”

Newmont and Barrick released 2015 results this week, as well as a future outlook for their prospective companies. It looks as though mining giant Barrick is about to be toppled into the #2 spot by Newmont.

Barrick has been closing down their mines to cut spending while Newmont has been on an expansion streak giving them over 5 million ounces of gold mined.

Now, based on both companies forward looking statements, we don’t think Newmont is going to “topple” Barrick as the article suggested. It appears to us that Newmont will definitely close the gap between the #1 and #2 seed in the gold industry, but won’t significantly surpass Barrick’s production.

Both companies are targeting at least 4.5 million ounces a year through 2020. In 2016 Barrick is looking at 5 to 5.5 million ounces, holding steady in 2017, and dropping slightly in 2018 to 4.6 to 5.1 million ounces. Newmont, on the other hand, is looking at 4.8 to 5.3 million ounces in 2016, increasing in 2017 to 5.2 to 5.7 million ounces, and then dropping down to 4.5 to 5 million ounces in 2018.

All we know for sure is that we saw a rise in gold prices today and our hopes rose a little bit in tandem. We are looking forward to seeing just how much gold companies like these two can grow in the following quarters.

*All information from this story was taken from mining.com.