The ministry of Lands and Natural Resources has announced that Ghana has regained her position as Africa’s number one gold-producing country.

This remarkable feat according to the ministry is attributable to the policies and programmes being implemented by the Akufo-Addo Government, in close collaboration with the Ghana Chamber of Mines.

In a statement signed by the minister of lands and natural resources, Samuel Abu Jinapor, Gold production by large-scale mining companies increased from 2.72 million ounces in 2021 to 3.08 million ounces in 2022, whilst gold exports from the small-scale sector rose from 98,001ounces to 655,656 ounces over the same period.

“Overall, the country’s gold output increased from 2.82 million ounces in 2021 to 3.74 million ounces in 2022”, the statement added.

The ministry further added that in the next two years, gold production in Ghana is expected to increase exponentially, with the coming on stream of three new large-scale mining operations, namely, Cardinal Resources Namdini in the Upper East Region, Azumah Resources in the Upper West Region, and Newmont Ahafo North in the Ahafo.

“Gold continues to be the bulwark of the Ghanaian economy, contributing some US$ 6.6 billion in export receipts last year.

Government remains committed to increasing the contribution of the mining industry to the local economy through local content and local participation, as well as value addition to minerals mined”.

Below is the full statement:

Sompaonline.com/Nana Yaw Boamah