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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 Government of Ghana retains 10% ownership of the mine and its production is subject to a gold stream contract owned by Royal Gold. [20] Golden Star Resources formerly operated the Bogoso-Prestea gold mine which is located in between the towns of Bogoso and Prestea in the Western Region of Ghana. The Bogoso mine was acquired by Golden Star ...
Gold has been central to the country's economy for decades. In 2023, Ghana produced around 4.2 million ounces of gold, contributing to approximately 4% of the world’s total output. The main gold-producing regions are Ashanti, Western, and Eastern regions, with major players including Newmont, Gold Fields, AngloGold Ashanti, and Kinross Gold ...
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.
The Gold Coast was a British Crown colony on the Gulf of Guinea in West Africa from 1821 until its independence in 1957 as Ghana. [3] The term Gold Coast is also often used to describe all of the four separate jurisdictions that were under the administration of the Governor of the Gold Coast.
Two British museums are returning gold and silver artifacts to Ghana under a long-term loan arrangement — 150 years after the items were looted from the Asante people during Britain’s colonial ...
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.
Ibrahim Mahama (born 29 January 1971) is a Ghanaian businessman and founder of Engineers and Planners, [1] a West African indigenously-owned mining company. He owns other businesses in Ghana, including Dzata Cement Limited.