Illegal mining has affected seven of Ghana's 16 regions and 34 of the country's 288 forest reserves, according to John Allotey, head of the Ghana Forestry Commission. "We want to intensify surveillance, use the military to conduct operations in sensitive areas and find additional funding," he said at an August 13, 2024, news conference ...
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According to GlobalData, Ghana is the world's sixth-largest producer of gold in 2023, with output up by 10% on 2022. Over the five years to 2022, production from Ghana …
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Centuries later Ghana remains Africa's biggest producer, with major operators such as the UK-based Anglogold Ashanti Plc, Gold Fields Ltd. from South Africa, American miner Newmont Corp and ...
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The mining industry of Ghana accounts for 5 percent of the country's GDP, with minerals making up 37 percent of total exports, of which …
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Ghana leads Africa in gold production, fueled by significant investments in large-scale mining and contributions from artisanal mining. In 2024, the country generated $1.02 billion in revenue from gold, with a total …
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A quick glance at a Ghana 'Concessions Map' will reveal, to the naked eye, that at least 25 percent of the country is currently in the hands of multinational large-scale mining and mineral exploration companies: at the beginning of 2013, there were 435 active licenses, 57 of which were mining licenses. 20 Many of these licenses cover ...
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According to Ghana Water Company, over 60% of water bodies are polluted due to illegal mining and according to UN Environment, 80% of artisanal miners use mercury, a toxic substance to extract gold. 100,000 people are directly affected by river pollution in Ghana according to World Health Organization WHO and according to Ghana Chamber of Mines ...
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The results indicate that a high percentage (~50%) of this mining occurred between 2014 and 2017. Around 700 ha of this mining occurred within protected areas as mapped by the World Database of Protected Areas. ... In Ghana, gold mining is conducted by way of industrial-scale mines, as well as smaller artisanal mines, locally known as Galamsey.
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Ghana's gold mining sector is one of the oldest in Africa, and retains a crucial role in the Ghanaian economy. In 2019 gold exports were valued at $10.8 billion, comprising 50 percent of all merchandise exports. The governance of the mining sector has improved since the 2017 RGI, driven by a 22-point increase in the index's value ...
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Ghana's gold mining sector scored "weak" in the 2017 Resource Governance Index (RGI), behind the oil and gas sector, which achieved a "satisfactory" rating. ... of revenue loss. 10 The Vice President has also questioned the utility of the government's 10 percent equity interest in mining operations within the country given the evidence
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Ghana's geological landscape teems with a variety of minerals with the commercially exploited ones being gold, diamond, manganese and bauxite. In 2019, gold accounted for 93.28 per …
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At the heart of Ghana's gold rush is Wassa Akropong – a farming community in the Western North region of Ghana dominated by Chinese nationals who are milking the country's most precious natural resource. The Gold Rush Ghana is a major gold exporter and the precious metal remains one of the vital sources of revenue for the nation. In 2020 ...
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Under a series of complex agreements approved by parliament in August, the fund has allocated the rights to just over 75 percent of royalties from several gold mining leases to Agyapa's wholly owned Ghana subsidiary, ARG Royalties Ghana Limited (ARG) for $1 billion. These leases represent most of Ghana's current gold production.
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Over the last two decades, gold mining in Ghana, particularly in the small-scale sector, has experienced significant growth, ... amounting to 27,333 ha. This translates to an annual deforestation rate of 1.07 percent, surpassing the 0.4%–0.7% rates recorded by Acheampong et al. (2019) in the Ashanti Region between 1990 and 2015. This ...
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In 2023, Ghana's gold production surged to an impressive four million ounces, reflecting an 8.3 percent increase from the previous year and marking the highest output since the COVID-19 pandemic.
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Illegal small-scale gold mining known "galamsey" in Ghana has picked up this year following an almost 30 percent rise in global gold prices. Small-scale mines produced 1.2 million ounces of gold in the first seven months of this year, more than in the whole of 2023, according to data from Ghana's mining sector regulator.
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Gold mining has been carried out in the former Gold Coast, now Ghana, for centuries (Ofosu-Mensah, 2011a).Artisanal gold mining started in the gold-rich areas long before modern large-scale gold mining (Hilson, 2002a) and was one of the mainstays of the numerous Akan states that developed in the forest belt of Ghana (Dumett, 1979, 1998; Kea, 1982).
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Gold mining added GH₵8.6billion (US$580million) to Ghana's GDP at constant prices in 2023, according to Statista. This marks an increase in the value added by the precious metal compared to the previous year.
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Domestic gold production is projected to reach a record-breaking 4 million ounces (oz) in 2023, compared to 3.7 million ounces in 2022. This will mark the highest production in …
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7 These agreements relate to mining operations of Adamus Resources Ltd, Akanko Mining Ltd, AngloGold Ashanti Ghana Ltd, Central Ashanti Gold Ltd, Gold Fields Ghana Ltd, Newmont Golden Ridge Ltd, Nsuta Gold Mine Ltd and Xtra Gold Mining Ltd. Refer to section 23 of Government's lease agreements with these companies. In the case of
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This paper examines the environmental impacts of small-scale gold mining in Ghana, and prescribes a series of recommendations for improving environmental performance in the industry. Since the ...
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By 2009, mining accounted for 43 per cent of Ghana's exports and represented 5.8 per cent of Ghana's GDP, of which 95 per cent was derived from gold (Bloch & Owusu, 2012, p. 434). In the same year, Ghana was world's ninth largest gold producer, making up 4 per cent of global production (Bloch & Owusu, 2012, p. 434).
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Gold mining accounted for 48.4% of gross merchandise exports in 2020. Ghana's political stability is underpinned by strong democratic credentials. The mining industry accounts for over 50% of …
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This environmental crisis threatens public health, ecosystems, and the country's water security. Let's explore the scope of the problem, its impacts, and potential solutions. The Scale of Water Pollution Ghana's water bodies are facing unprecedented levels of contamination. According to the Water Resources Commission, about 60% of Ghana's water bodies are …
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Tarkwa mine is not only a leading gold mine in Ghana in terms of its production volume, but also one of the largest in Africa. Over the last decade, the production of gold has …
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It employs over a million people and accounts for 40% of gold produced in Ghana, according to the country's Minerals Commission, which regulates all gold sales. But illegal …
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From 1493 to 1600 the Gold Coast was responsible for 35.5% or the entire world's production of gold. This percentage droppped to 8.9% during the period 1701-1800. ... Indigenous mining of gold in ...
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The largest of Ghana's mining segments by value, gold is the country's single biggest export earner. Indeed, the industry was responsible for 96.9% of all mineral export revenue in 2022 and constituted 39% of total merchandise export revenue. Most gold is produced by LSMs, which were responsible for 82.4% of production in 2022, with ASMs ...
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