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In 2022, Ghana's silver production was estimated at approximately 10,000 metric tons, primarily extracted during the processing of gold ores. While silver plays a secondary role in Ghana’s mining industry, it still contributes to the overall mining sector, alongside gold and other minerals. [74] The country’s silver production is primarily ...
Gold mining companies in Ghana are required to pay royalties as a form of compensation for the extraction of the country's mineral resources. These royalties are governed by the Minerals Income Investment Fund (MIIF) Act, 2018 (Act 978), which establishes mechanisms for managing the royalties and ensuring that the benefits accrue to the state ...
The company traces its roots back to 1887, when Cecil Rhodes founded Gold Fields of South Africa Limited. As of 2019, Gold Fields was the world's eighth-largest producer of gold. [4] The company owns and operates mines in Australia, Chile, Ghana, Peru and South Africa, with one 50:50 JV project in Canada.
The Ghana Chamber of Mines (GCM) is the main minerals industry association in Ghana. The Chamber is a voluntary private sector employers association representing companies and organizations engaged in the minerals and mining industry. It was founded in 1928 and has its members accounting for over 90 percent of all of the country's mineral ...
This fund invests in foreign small-cap mining companies that generate at least half of their revenues from gold and silver. More than 50 percent of these companies are based in Canada. 2024 YTD ...
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.