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[1] [2] [3] The first documented large-scale mining operation in Ghana was at Obuasi, where gold was discovered in 1897. By 1900, Ghana, then known as the Gold Coast, had become a major supplier of gold in the British Empire. [4] [5] [6] Ghana is renowned for its gold resources and is the largest producer of gold in Africa as of 2019.
The Obuasi mine, one of the oldest gold mines in Ghana, is also situated within this region and is operated by AngloGold Ashanti. The mine has been in operation since the 1890s and remains one of the largest contributors to Ghana's gold output. [38] In the Western Region, the Tarkwa and Damang mines are major players in the gold sector.
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In 1994, the Ghana government, the majority shareholder, announced plans to sell 20-25 percent of its interest in AGC in a share flotation. The company was listed on the London and Ghana stock exchanges. It was the largest flotation ever organised by any gold mining company coordinating and advisory team alone numbered over 200 people.
Menzgold Ghana Limited was a fraudulent gold dealership and investment firm that promised customers an average of 7-10 percent monthly returns on investments. It was subsequently shut down by the Government of Ghana. It was founded by Nana Appiah Mensah, who is popularly known as NAM 1. [1]
Pages in category "Gold mining in Ghana" The following 2 pages are in this category, out of 2 total. This list may not reflect recent changes. G. Gold mining in Ghana; T.
The Iduapriem Gold Mine (French: Mine d'or d'Iduapriem) is an open-pit gold mine situated 10 km south of Tarkwa, in the Western Region of Ghana.The mine is owned by AngloGold Ashanti and consists of the Iduapriem and the Teberebie operation, which were merged in 2000.
Gold mining has been an important part of the economies of Ghana and Mali for centuries. In Ghana, over 90 percent of output originates from underground mines in the Ashanti region of the country. The privatized Ashanti Goldfields Corporation , formed in 1993 with investment from Lonrho and now owned by AngloGold Ashanti , controls most ...