Ghana

Once known as the Gold Coast for its abundance of metals, Ghana is the second largest gold producer in Africa. The country boasts one of the most favorable business environments in the region as gold production accounts for more than 90 percent of Ghana’s current total output. By 2018, Ghana’s mining sector is set to reach $789 million, up from $698 million in 2013. Ghana’s government holds a 10 percent stake in six of the 10 large scale mines currently operating in the country. These include partnerships with Golden Star Resources (Bogosu), Gold Fields (Tarkwa), and Newmont Mining (the Ahafo mine).

Gold production – 95.8 tonnes annually                            Population – 25.4 million

Gold consumption –N/A                                                     Gross National Income – $49.2 billion

Unmined gold – 1,600.0 tonnes annually                           Serious conflicts reports – No serious conflicts reported

Gold production as percentage of GNI – 11.29 percent