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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. Gold exports in 2022 accounted for about 12.3% of Ghana's GDP.
Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [28] The country is also the second-largest cocoa producer (after Ivory Coast). [29] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in 2005, but government spending was later allowed to balloon.
The remaining materials were further burned or dumped nearby. [11] The workers, children and adults alike, sell the metal scraps to earn a living. [14] A half a sack of copper or aluminium will sell for about ₵700, amounting to about ₵8‑10 Ghana cedis per day (US$4‑6). [21]
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Miss Grand Ghana 2022; Mpox outbreak in Ghana This page was last edited on 16 February 2021, at 12:43 (UTC). Text is available under the Creative Commons ...
VALCO smelts alumina to produce aluminium ingots at its smelter at Tema.Locally, a major Ghanaian customer of VALCO is Aluworks.While one motivation for establishing the plant was the local availability of bauxite in Ghana, the major raw material of alumina, VALCO has for many decades imported alumina to produce aluminum.
Industry in Ghana accounts for about 24.5% of total GDP. [1] However, Ghana's industrial production is rising at a 7.8% rate, giving it the 38th fastest growing industrial production in the world [ 2 ] due to government industrialization policies.
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