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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.
Gold mining in Ghana has a long history, dating back to the 10th century when the region was part of the ancient Ghana Empire. Commercial gold mining began in the early 19th century, with Europeans establishing several mines during the colonial period. [1] [2] [3] The first documented large-scale mining operation in Ghana was at Obuasi, where ...
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.
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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 Damang mine is one of the largest gold mines in the Ghana and in the world. [1] The mine is located in the south-west of the country in the Western Region. [1] The mine has estimated reserves of 10 million oz of gold. [1]
Obuasi is a gold mining town and is the capital of the Obuasi Municipal District in the Ashanti Region of Ghana. [2] [3] It lies in the southern part of the Obuasi Municipal and is located about 39 mi (63 km) from Kumasi. [3] As of 2012, the town has a population of 175,043 people. [1]