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Surface mining pit Anglogold Ashanti Iduapreim Ghana. Ghana is one of the largest gold producers in Africa, and it ranks as the sixth-largest producer globally. [5] 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.
[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.
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 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 Ahafo mine is one of the largest gold mines in the Republic of Ghana and in the world. [1] [2] The mine is located in the center of the country in Brong-Ahafo Region. [2] The mine has estimated reserves of 17 million ounces of gold. [needs update] [2] [3] [4]
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The Obuasi Gold Mine is an underground gold mine situated near Obuasi, in the Ashanti Region of Ghana. It was at one time one of the world's ten largest gold mines . [ 2 ] The mine is in Obuasi Municipal District , 60 kilometres (37 mi) southwest of the regional capital Kumasi .
The websites of licensed dealing members, or "LDMs", of the Ghana Stock Exchange typically include detailed information about the exchange, daily rates, company research and further links. Licensed brokers of the GSE include: (in English) Stanbic Bank Ghana (in English) IC Securities (in English) Databank Group (in English) Gold Coast Securities