Ghana Looks to Get $12bn a Year From Small-Scale Gold Mining

Ghana looks to get $12bn a year from small-scale gold mining

Ghana could generate up to $12 billion annually from small-scale gold production if output doubles as planned, according to Sammy Gyamfi, CEO of the Ghana Gold Board. The country’s gold exports have surged alongside rising global prices, driven largely by growth in artisanal and small-scale mining. To capitalize on this growth, the government has established […] The post Ghana looks to get $12bn a year from small-scale gold mining appeared first…

Ghana to double small-scale gold mining output, expects $12bn annual revenue

The government of Ghana anticipates annual revenues of $12bn from small-scale gold mining, if the output from its small-mine and artisanal mining operations is doubled as planned.The post Ghana to double small-scale gold mining output, expects $12bn annual revenue appeared first on Mining Technology.

Ghana eyes $12bn annual windfall from small-scale gold

GHANA’S ambitious plan to double small-scale gold production could deliver annual revenues of $12bn, offering a boost for the debt-strapped nation as it seeks to rebuild its economy, said Bloomberg News. The West African country has seen a remarkable transformation in its gold sector, with artisanal and small-scale operations now contributing over 40% of total output — a significant jump from the one-third contribution previously. This shift is …