Knowledge (XXG)

Mining industry of Ghana

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967:, present-day Ghana was one source of the gold that reached Europe via trans-Saharan trade routes. In the fifteenth century, Portuguese sailors tried to locate and to control gold mining from the coast but soon turned to more easily obtained slaves for the Atlantic slave trade. Most gold mining before the mid-nineteenth century was alluvial, wherein miners recovered gold from streams. Modern gold mining that plumbs the rich ore deposits below the Earth's surface began about 1860, when a Fante man of mixed-race by name Thomas Hughes, imported heavy machinery to begin mining in the western areas of present-day Ghana. His machinery was however sabotaged and could not start. Actual mining began in the late 1870s to early 1880s. The richest deposit, the Obuasi mine, was discovered by two Fante men by name Joseph Ellis and Joseph Biney who were later joined by another Fante man Joseph Brown. They sold the rights to the deposit cheaply to E A Cade because of British government's duplicitous behaviour. E.A. Cade, the founder of Ashanti Goldfields Corporation (AGC). Since the beginning of the twentieth century, modern mining in the Gold Coast has been pursued as a large-scale venture, necessitating significant capital investment from European investors. 951:
arsenic trioxide was sold to Europe for commercial applications. As the market for arsenic declined, the treatment plant was shut down in 2000 and about 10,000 metric tons (t) of arsenic was stockpiled in bags at Obuasi. After the introduction of the Biox treatment process, the arsenic trioxide was converted to arsenic pentoxide and deposited in tailings dams. AngloGold Ashanti Ltd. (the company that was formed through the merger of Ashanti Goldfields Ltd. and AngloGold Ltd.) reported that inadequate storage of the stockpiled bags allegedly caused arsenic contamination to the Pompora stream. The problem was identified during the company's due diligence study prior to the merger. AngloGold Ashanti constructed a lined storage dam at the old heap leach site. The company planned to move the arsenic to a new facility where it will be stored and gradually disposed of by blending it into the Biox process circuit where it will be chemically stabilized and deposited as a component of the tailings residue in the new Sansu Tailings Storage Facility. The company estimates that it will take about 6 years to dispose of the arsenic.
666:. of Canada commissioned a new mine in Ghana. The mine, known as the Chirano gold mine, was an open pit operation located about 21 kilometers (km) to the south of AngloGold Ashanti's Bibiani gold mine in western Ghana. The Chirano gold mine produced 941 kilograms (kg) (reported as 30,247 troy ounces) in 2005 and was 100% owned by Red Back; the government had the option to exercise its right to back into a 10% ownership in CGML. Chirano was scheduled to produce an average of about 3,800 kg (reported as 123,000 troy ounces) per year during a period of 8½ years. The designed capacity of the processing plant was 2.1 million metric tons per year (Mt/yr). A revised resource and reserve estimate for the Chirano Mine was underway in 2005. The economic potential of the Akwaaba deposit, a high-grade deposit within the Chirano mining concession, was being evaluated in 2005, and a resource estimate of the deposit was scheduled for completion in October 2006. 991:
Marketing Company. In 1990 the company bought 490,000 carats (98 kg) of diamonds and 20,000 ounces of gold and earned a total of US$ 20.4 million through sales, 70% of it from diamond sales and 30% from gold bought from smallscale operators. Diamond output totaled 688,000 carats (137.6 kg) in 1991 and 694,000 carats (138.8 kg) in 1992, while gold production amounted to 843,000 fine ounces in 1991 and 1,004,000 fine ounces in 1992. Furthermore, the government succeeded in attracting significant foreign investment into the sector and, by early 1991, had signed over sixty mining licenses granting prospecting rights to international companies. To forestall domestic criticism of large-scale foreign control of the sector, the government announced in mid-1991 the establishment of a state-controlled holding company to buy shares in mines on behalf of private, that is, foreign, investors.
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of gold. Owing to the depletion of the high-grade ore in the main Damang pit, an exploration program to seek for alternative ore sources was launched during the year. The exploration program resulted in the establishment of the Amoanda, the Rex, and the Tomento pits, and the extension of an old pit at Kwesie-Lima. Gold Fields and its partners reported that production from the new pits was to be processed along with stockpiles of lower grade ore. Mining of the Tomento pit began in July 2005 and mining of the Amoanda pit began during the fourth quarter of 2005; production from the Rex pit was scheduled to begin in 2007. As of June 30, 2005, proven and probable reserves at Damang were estimated to be about 40,000 kg of gold (reported as 1.3 million troy ounces) and were projected to last until 2010 at current production rates.
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environment after the cessation of Bonte's gold mining operations along the Jeni River. Bonte closed its operations at Bonteso in the Ashanti region in March 2004, citing problems concerning low-grade ore, equipment unavailability, and a default of its financial obligations during 2003. The company allegedly did not follow the due process for mine decommissioning, such as by failing to post bonds to the EPA for the reclamation of lands, failing to notify workers of its intention to liquidate, not paying up-to-date wages to workers, and leaving a debt of about $ 18 million owed to various state institutions and private companies. The EPA and the Minerals Commission were accused of failing to ensure Bonte's compliance to operate in a sustainable manner.
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agencies, as necessary; conducting investigations into environmental issues; coordinating the activities of bodies concerned with the technical aspects of the environment for the purpose of controlling the generation, treatment, storage, transportation, and disposal of industrial waste; ensuring compliance with environmental impact assessment procedures; issuing environmental permits and pollution abatement notices; making recommendations to the Government for the protection of the environment; prescribing standards and guidelines related to the pollution of air, water, and land; protecting and improving the quality of the environment; and securing the control and prevention of discharge waste into the environment among several other functions.
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for sale; currently, an open market has been established in Ghana in which registered buyers can operate from offices within the country and in which licensed diamond traders are allowed to operate. All buyers (exclusively Ghanaian nationals) must transfer U.S. dollars through the Central Bank in advance for the purchase of diamond. Only about 200 of the 1,000 registered buyers were thought to be active during 2004. Purchased diamond was kept under lock in the custody of the PMMC and subject to inspection before being exported. According to the report, Ghana was fully implementing the Kimberley Process but the country lacked the resources to monitor and control illicit diamond mining and buying, especially from the
674:(CIL) plant. The mine included old tailings dumps, which were reclaimed in December 2004. These tailings were expected to yield about 3.9 million metric tons (Mt) of ore at an estimated recovery grade of 0.60 gram per metric ton (g/t) gold during a period of 18 months. The company was studying the viability of restarting production from its main pit to a depth of about 60 meters below the current pit floor. Underground exploration was suspended in July 2005 and the underground mine continued to be on care-and-maintenance status. Gold production was expected to decrease to 1 1,700 kg in 2006 from 3,580 kg (reported as 11 115,000 troy ounces) in 2005. 971:
of the sector was tempered by increasing government involvement under the Nkrumah regime; however, production began to decline in the late 1960s and did not recover for almost twenty years. In the mid-1960s, many mines began to hit poorer gold reefs. Despite the floating of the international gold price in the late 1960s, few investors were willing to invest, and the government failed to provide the capital necessary to expand production into new reefs. Of the two major gold mining enterprises, neither the State Gold Mining Corporation nor AGC (40% controlled by the government) expanded or even maintained production.
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acquired the mine in 2002 after determining that conventional CIL processing was economically feasible. Plant feed in 2005 was a mixture of newly mined ore from the Wassa pit blended with material from the heap-leach pads left by the previous operation. Golden Star's planned to increase production at Wassa to about 3,700 kg (reported as 120,000 troy ounces) in 2006 and to produce about 4,000 kg (reported as 130,000 troy ounces) in 2007 as higher-grade ores are reached at deeper levels. As of December 31, 2005, total probable mineral reserves at Wassa were reported to be 21.9 Mt at a grade of 1.34 g/t gold.
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sixteen months of operation, the PMMC bought 382,423 carats (76.4846 kg) of diamonds and 20,365 ounces of gold and sold 230,000 carats (46 kg) of diamonds worth US$ 8 million. The corporation also earned ¢130 million in 1991 on its jewelry operations, up 48% from the previous year, and it planned to establish joint marketing ventures with foreign firms to boost sales abroad. Nevertheless, because of new complaints over raw gem sales, the government in March 1992 ordered an investigation into the operations of the state agency and suspended its managing director.
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Production of gold was expected to be about 17,100 kilograms per year (kg/yr) (reported as 550,000 troy ounces), with a mine life estimated to be more than 20 years. The company was awaiting the issuance of a mining license for the development of the Akyem property, which is located in Ghana's eastern region, about 130 km northwest of Accra between the towns of New Abirem and Ntronang. Newmont expected to begin production at Akyem in 2008 and to produce about 15,500 kg/yr of gold (reported as 500,000 troy ounces).
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Manganese Corporation's mine and the surrounding infrastructure were repaired, helping to raise production from a low of 159,000 tons in 1983 to 284,000 tons in 1989 and 247,000 tons in 1990. The corporation earned US$ 20 million from its exports in 1991, up from US$ 11.6 million in 1989 and US$ 14.2 million in 1990. Approximately US$ 85 million was also invested by private investors at the newly explored Kwesikrom deposit. contact Golden Eagle limited the main manganese mining company in 2010,
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bauxite, manganese, and diamonds, fell steadily. Foreign exchange shortages inhibited mine maintenance, new exploration, and development investment. The overvalued cedi and spiraling inflation exacerbated mining companies' problems, as did smuggling and the deteriorating infrastructure. Energy supplies failed to meet the industry's growing needs; foreign exchange shortages constrained oil imports, and domestically generated hydroelectricity was unable to make up the shortfall.
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producer is the state-owned Ghana Consolidated Diamonds (GCD), which operates in the Birim River Basin. In the 1960s, the company mined 2,000,000 carats (400 kg) of diamonds a year, but annual production in 1991 amounted to only 146,000 carats (29.2 kg). This downturn resulted from technical problems and GCD's weak financial position. Production from all mines came to 688,000 carats (137.6 kg) in 1991 and to 694,000 carats (138.8 kg) in 1992.
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Ghana's numerous rules and laws intended to stop small-scale mining operations, the industry thrives. In order to control small-scale mining operations and advance sustainable development, laws such as the Environmental Impact Assessment Regulations, the Community Mining Program, and the Minerals and Mining Act, 2006 (Act 703) have been put in place. Miners continue to operate with impunity, producing extensive
24: 694:, which were expected to extend the project's mine life to 2040. The development of Obuasi Deeps will require an initial investment of $ 44 million during the next 4 years to conduct further exploration and feasibility studies. The total capital expenditure for the development of the Obuasi Deeps was estimated to be about $ 570 million. AngloGold Ashanti held a 100% interest in the Obuasi Mine. 801:
the concession. At least 72 diamonds and 325 small gold grains from 20 small test pits were recovered from the property in 2006. The pits were situated in a number of different river systems throughout the Ochinso project area. Most of the diamonds recovered were reportedly of commercial size ranging between 1 and 2 millimeters (mm), with an average stone size of 0.036 carats (7.2 mg).
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about 300 km west of Accra, consists of several open pit operations, one CIL plant, and two heap-leach facilities. Some underground mining had been conducted in the past, but underground operations ended in 1999. As of June 30, 2005, proven and probable reserves at Tarkwa were estimated to be about 417,000 kg of gold (reported as 13.4 million
1446: 613:, alumina refining, aluminum production, and rail transportation infrastructure upgrades. Alcan, on the other hand, signed a Memorandum of Understanding with the government for the creation of a joint venture to explore the feasibility of developing a bauxite mine and a 1.5–2.0 million metric tonnes per year (Mt/yr) alumina refinery in Ghana. 357:(PMMC) is the government entity responsible for promoting the development of small-scale gold and diamond mining in Ghana and for purchasing the output of such mining, either directly or through licensed buyers. The Mines Department has authority in mine safety matters. All mine accidents and other safety problems also must be reported to the 57: 632:
also plan to use some of the capital from the stock sale to promote local business and to boost national reserves. The minister of mines and energy dispelled fears that the stock sale would result in foreign ownership of the country's gold mines by saying that the government would have final say in all major stock acquisitions.
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In the early 1990s, the government announced plans to privatize its diamond-mining operations and to expand production. At Accra's invitation, De Beers of South Africa agreed to undertake an eighteen-month feasibility study to determine the extent of the Birim River Basin diamond reserves. The survey
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Under British colonial rule, the government controlled gold mining to protect the profits of European companies. The colonial government also restricted possession of gold as well as of mercury, essential in recovering gold from the ore in which it is embedded. Following independence, foreign control
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Petroleum exploration activities have been conducted in Ghana since the late nineteenth century; and commercially sustainable deposits of petroleum or natural gas was discovered in 2008 by Kosmos. The total crude oil found is estimated to be about 6.5 million barrels. Production started in early 2010
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According to a 2004 report by Partnership Africa Canada and Global Witness Publishing Inc., prior to the creation of the PMMC in 1989, as much as 70% of Ghana's diamond was smuggled out of the country. Following the creation of PMMC, diamond was initially shipped to a PMMC office in Antwerp, Belgium,
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Ghana is one of the world's leading exporters of manganese; however, only 279,000 tons were produced in 1992, compared with the all-time high of 638,000 tons in 1974–75. Ghana has reserves exceeding 60 million tons, and considerable rehabilitation of the sector took place in the 1980s. Ghana National
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The Prestea Underground gold mine, which is also 90% owned by Golden Star, remained idle during the year. Prestea Underground was closed in early 2002 owing to low gold prices. During 2005, a total of 8,096 meters of underground exploration drilling was completed at the mine; drilling was to continue
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In addition to the Wassa Mine, Golden Star operated the Bogoso/Prestea open pit mine, which is located about 300 km west of Accra. Bogoso/Prestea produced 4,103 kg of gold in 2005. Golden Star held a 90% interest in the property, and the government of Ghana held the remaining 10%. About 75%
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In 2005 gold production at the Bibiani Mine came from the processing of ore from the mine's remaining pits, stockpiled ore, and tailings. Satellite pits were depleted in December 2005, and AngloGold Ashanti expected stockpiled ore to be depleted by January 2006. Beginning in February, the mill was to
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Artisanal and small-scale mining accounted for 43% of Ghana's total gold production in 2018, ensuing in high revenue rates and foreign exchange for government. Despite the fact that this natural resource is a gift to the nation, the way it is being used renders it offensive. Despite the government of
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The Building and Road Institute of the Council for Scientific and Industrial Research of Ghana was conducting laboratory tests to evaluate the possibility of producing pozzolana cement from bauxite mining waste (known as red mud or clay). The two companies that produced cement in Ghana, Ghana Cement
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areas. In Akwatia, for example, an informal diamond market existed where no paperwork was required to buy or sell diamond; this market was known locally as the "Belgian market". The report also indicated the possibility of diamond being smuggled from Côte d'Ivoire, especially following the sanctions
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in 2006. Golden Star planned to complete a prefeasibility study by the end of 2006 to evaluate the economic potential of restarting production at Prestea Underground. As of December 31, 2005, inferred mineral resources at the mine were estimated to be 6.1 Mt at an average grade of 8.1 g/t.
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The government also is trying to expand Ghana's diamond-mining industry, which has produced primarily industrial grade gems from alluvial gravels since the 1920s. More than 11,000,000 carats (2,200 kg) of proven and probable reserves are located about seventy miles northwest of Accra. The main
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The Damang Mine, which is located in the Wassa West District in southwestern Ghana about 360 km west of Accra and 30 km northeast of Tarkwa Mine, consists of an open pit operation, a SAG mill, and a CIL plant. The mine processed about 5.2 Mt of ore in 2005 and produced about 7,700 kg
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In 1992 Ghana's gold production surpassed 1 million fine ounces, up from 327,000 fine ounces in 1987. In March 1994, the Ghanaian government announced that it would sell half of its 55% stake in AGC for an estimated US$ 250 million, which would then be spent on development projects. The authorities
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Minerals and Mining Policy 2016 (Government of Ghana, 2016) the Minerals and Mining Policy 2016 emphasizes the need for effective enforcement of laws and regulations governing small-scale mining operations while promoting responsible mining practices. It seeks to formalize informal artisanal miners
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The Minerals and Mining Act, 2006 (Act 703) (Government of Ghana, 2006): This is a comprehensive policy directive aimed at the regulation of minerals in Ghana, including small-scale mining operations. It outlines the procedures for granting mineral rights, requirements for environmental protection,
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Under the ERP, the mining sector was targeted as a potential source of foreign exchange, and since 1984, the government has successfully encouraged the rejuvenation of gold mining. To offer incentives to the mining industry, the Minerals and Mining Law was passed in 1986. Among its provisions were
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The Ghanaian Environmental Protection Agency (EPA) was the Government entity responsible for the formulation of policies on all aspects of the environment. The agency's functions included acting in liaison and cooperating with other Government agencies; collaborating with foreign and international
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minerals in the alluvial material. The other property, which was known as Ochinso, covers an area of 37 km within the Birim Diamond Field of southern Ghana. Paramount, through a farm-in arrangement with Aurion Resources Ltd. of Ghana, would be entitled to acquire 85% of the equity interest in
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Reclamation Bonds: Under Section 47 of the Minerals and Mining Act (Act 703), Small-Scale Miners are required to provide reclamation bonds as a guarantee against possible damage resulting from their activities. This bond ensures that post-closure site rehabilitation can be carried out effectively.
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The Environmental Assessment Regulations, (LI 1652) (Government of Ghana, 1999) which is a policy shaped to prohibit a person from commencing activities (such as mineral extraction) which have possible adverse environmental and public health impacts without first registering with the Environmental
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Environmental Impact Assessment Regulations (Government of Ghana, 1994): In accordance with the Environmental Protection Agency Act 1994 (Act 490), Ghana has implemented regulations requiring all small-scale miners to undertake environmental impact assessments before beginning any mining activity.
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In 1989 the government established the Precious Minerals Marketing Corporation (PMMC) to purchase minerals from small producers in an effort to stem diamond smuggling. Estimates suggested that as much as 70% of Ghana's diamonds were being smuggled out of the country in the mid-1980s. In its first
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project, which covers an area of 330 square kilometers (km) located about 25 kilometers (km) south of the Akwatia Diamond Project. Field work began in March 2006. A number of pits were dug in both alluvial and hard rock deposits. A total of 83 diamonds, which together weighed more than 3.3 carats
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Ghana's mineral sector had started to recover by the early 1990s after its severe decline throughout the 1970s. One indicator of the scale of decline was that by 1987, only four gold mines were operating in Ghana, compared with eighty in 1938. Throughout the 1970s, the output of gold, as well as
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In 2005, the Center for Public Interest Law and the Center for Environmental Law, two Accra-based nongovernmental organizations, sued Bonte Gold Mines Ltd. (an 85% owned subsidiary of Akrokeri-Ashanti Gold Mines Inc. of Canada), Ghana's Minerals Commission, and the EPA for the reclamation of the
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It was reported that while annual diamond production from GCD continued to decline, diamond production from artisanal miners was increasing and that there was a possibility for the privatization of GCD. Foreign companies (not identified) were said to be interested in the Akwatia alluvial diamond
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About 19.6 Mt of ore was processed at Tarkwa in 2005 from which 21,051 kg of gold was produced (Gold Fields Limited, 2006§). In November 2005, a new semiautogenous grinding (SAG) mill and CIL plant were commissioned at the Tarkwa Mine. The Tarkwa Mine, which is located in southwestern Ghana
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The Wassa open pit gold mine produced 2,149 kg of gold in 2005. The mine, which is located about 150 km west of Accra, was owned by Golden Star (90%) and the government (10%). The mine had been in operation as an open pit heap-leach mine in the 1990s but was closed in 2001. Golden Star
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In 2005, gold production at the Obuasi underground mine was hindered by a breakdown at the main processing plant during the first quarter of 2005 and the failure of a primary crusher during the third quarter; production, however, increased to 12,200 kg (reported as 391,000 troy ounces) from
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After 1983, however, the government implemented a series of measures to enhance the sector's appeal. In 1986 new mining legislation for the gold and diamond sectors replaced the previous complex and obsolete regulations, and a generous incentives system was established that allowed for external
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Ghana's Obuasi region is known to host arsenopyritic goldbearing ore bodies. According to company reports, during the 1990s, an arsenic precipitation plant was installed at the Pompora Treatment Plant for the commercial recovery of arsenic from the roaster flue gases. At the time, the recovered
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Vanco Energy Company explored for petroleum at the Cape Three Points Deepwater Block (CTPD), which is located in the Tano-Ivorian Basin. The company had signed an exploration agreement with the Government in 2002 at which time it conducted a two-dimensional (2-D) seismic program to evaluate the
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Under legislation passed after 1983, the government liberalized and regularized the mining industry. For the first time, the government made small claim-holding feasible, with the result that individual miners sold increasing amounts of gold and diamonds to the state-operated Precious Minerals
706:. Because this type of ore cannot be processed using the company's existing CIL plant, the company decided in June 2005 to build a new 3.5-Mt/yr processing plant which will use biooxidation to treat the remaining sulfide ore. The new processing plant was scheduled to be completed in late 2006. 713:
In 2005, N Newmont announced the company was advancing the Ahafo and the Akyem gold properties to production. The Ahafo property, which is located about 300 km northwest of Accra between the towns of Kenyase and Ntotoroso, was expected to begin production during the second half of 2006.
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production, and rail transportation infrastructure upgrades. The MOU called for the restart of three of the five existing potlines at the idled Valco smelter, which would produce about 120,000 metric tonnes per year (t/yr) of aluminum; the designed capacity of the plant is 200,000 t/yr. The
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foreign exchange retention accounts, capital allowances, and a flexible royalties payment system. Since then the sector has benefited from a wave of fresh investment totaling US$ 540 million since 1986, and by the early 1990s mining was the country's second highest foreign exchange earner.
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Diamond production was recovered by artisanal miners from alluvial and in situ diamond deposits near Akwatia in the Birim Valley. The only formal commercial production came from a diamond placer mine in Akwatia, which was operated by Government-owned Ghana Consolidated Diamonds Ltd. (GCD).
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Basin. In 2005, the company conducted a 1,075-km three-dimensional (3-D) survey to evaluate the potential of the block. The WCTP Block is located about 8 km from the Ghanaian coastline and 95 km southwest of the city of Takoradi. The remaining interest in WCTP was held by
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generous capital allowances and reduced income taxes. The corporate tax rate was set at 45%, and mining companies could write off 75% of capital investment against taxes in the first year and 50% of the remainder thereafter. The government permitted companies to use
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open pit mine increased to 6,380 kg in 2005 (reported as 205,000 troy ounces) from 4,570 kg in 2004 owing to an increase in throughput at the processing plant. AngloGold Ashanti held an 80% interest in the Iduapriem Mine; the remaining 20% was held by the
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of Ukraine, which also used manganese ore from Ghana, imported about 832,000 t in 2006. Privat Group acquired the right to manage Ghana Manganese Co. and, as its first order of business, indicated that it intended to amend all existing manganese contracts.
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in Ghana's central region. The ground reportedly caved in on the miners as they searched for gold deposits, and authorities were unclear as to how many miners originally went in. Sixteen bodies were excavated, with one man dying in hospital from his injuries.
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contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing 80.5 t in 2008. Ghana is also a major producer of
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At least one company, Paramount Mining Corporation Ltd., explored for diamond at two properties in Ghana in 2006. In February 2006, the company entered into a joint-venture agreement with Leo Shield Exploration Ghana Ltd. to earn interest in the
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Canada-based Alcan Inc. and the United States' Alcoa Inc. were the two companies that mined bauxite and alumina. During 2006, Alcoa continued to study the possibility of developing an integrated aluminum industry in Ghana that would include
914:(WAGP) between March and April 2005. The West Gas Pipeline Company Limited (WAGPCo) was granted a license to construct the pipeline in April, and the first shipload of about 8,000 pipes was delivered to the Tema Port in May. In September, 364:
The overall legislative framework for the mining sector in Ghana is provided by the Minerals and Mining Act of 2006 (Act 703). Under the Law, mining companies must pay royalties; companies may also pay corporate taxes at standard rates.
109:. Ghana has 20 large-scale mining companies producing gold, diamonds, bauxite and manganese; over 300 registered small scale mining groups; and 90 mine support service companies. Other mineral commodities produced in the country are 883:, which was conducting exploration offshore at West Cape Three Points Block, and Vanco Energy Co. of the United States, which explored for petroleum at the Cape Three Points Deepwater Block (CTPD) in the Tano-Ivorian Basin. 605:.’s 90% interest in Valco in 2004. Kaiser closed the Valco plant in 2003 after struggling with fluctuating operating levels for several years and dealing with restricted power allocations from the Volta River Authority. 995:
was to cost US$ 1 million. A De Beers subsidiary will be the operator and manager of GCD, while Lazare Kaplan International, a New York-based diamond polishing and trading company, will produce and market the diamonds.
361:, which is the private association of operating mining companies. The Chamber also provides information on Ghana's mining laws to the public negotiates with the mine labor unions on behalf of its member companies. 690:
7,930 kg in 2004 mostly owing to the start of mining from the Kubi surface oxide deposit. In terms of growth prospects, the company planned to develop the deep-level ore deposits at Obuasi known as the
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Illegal mining has had an extensive impact on Ghana's environment. 60% of Ghana's water bodies are polluted by illegal artisanal gold mining, as well as industrial waste, household disposals and farming.
404:, which regulates the industry. The Ghana National Petroleum Corporation (GNPC), which is empowered to undertake petroleum exploration and production on behalf of the government, is authorized to enter 926:
block. In 2005, the company carried out a 1,500-km 3-D seismic program to further define the structural and stratigraphic prospects in the block. The first well in the CTPD Block was planned for 2007.
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While the bulk of Ghana's mining industry is in legally sanctioned mining by large enterprises, small-scale miners - many operating illegally - extract a large percentage of Ghana's resources.
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in the Birim Valley. The only formal commercial production came from a diamond placer mine in Akwatia, which was operated by Government-owned Ghana Consolidated Diamonds Ltd. (GCD).
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More than 21% of gold production in the early 1990s came from underground mines in western and Ashanti Region, with the remainder coming from river beds in Ashanti Region and
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While the bulk of Ghana's gold mining is in legally sanctioned mining by large enterprises, 35% of Ghana's gold is extracted by small-scale miners, most operating illegally.
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oilfield, which produced a total of 294,430 barrels when it reopened in 2002 to its closing in 2004. Gas flared at Saltpond averaged 2 million cubic feet per day. The
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process only old tailings. The Bibiani Mine, which had operated between 1903 and 1968 as an underground mine, was reopened in 1998 as an open pit mine with a
1341:.Usa Ibp Usa (8 June 2015). Ghana Mining Laws and Regulations Handbook Volume 1 Strategic Information and Basic Laws. Int'l Business Publications. pp. 38–. 1333:
Usa Ibp Usa (8 June 2015). Ghana Mining Laws and Regulations Handbook Volume 1 Strategic Information and Basic Laws. Int'l Business Publications. pp. 38–.
792:(660 mg) and the largest of which was 0.56 carats (112 mg), were recovered from the gravel of alluvial deposits. The project area also contained 133:, disputes amongst communities, and problems with security officials, among other negative effects, despite the years-long efforts of several governments. 1694: 1475: 686:. The company also held a 90% interest in the Teberebie Mine, which is adjacent to the Iduapriem Mine; the government held the remaining 10% interest. 1633: 141:
Export earnings from minerals averaged 35%, and the sector is one of the largest contributors to Government revenues through the payment of mineral
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and production-sharing agreements with commercial organizations; GNPC was established under the GNPC Law of 1983 (PNDC Law 64). The regulation of
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on diamond exports imposed on this country in 2004 (Partnership Africa Canada and Global Witness Publishing Inc., 2004, p. 3–5).
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This is aimed at mitigating negative impacts on ecosystems and human health caused by unregulated or poorly managed mining practices.
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The Ministry of Lands and Natural Resources(Ghana) oversees all aspects of Ghana's mineral sector and is responsible for granting
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into legal registered groups whilst simultaneously providing them with technical assistance, equipment supports among others.
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mine was 80% owned by AngloGold Ashanti and 20% by the International Finance Corporation (AngloGold Ashanti Ltd., 2006a-c).
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government and Alcoa planned to restart the Valco smelter as soon as an interim power rate agreement is reached with the
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Oil Refinery refined all the crude petroleum imported into the country, with the exception of consignments going to the
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in the Jubilee Field and as at 21 April 2011, Kosmos alone has lifted 1.9 million barrels from the Jubilee Field. The
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Dallas-based Kosmos Energy LLC held an 86.5% working interest in the West Cape Three Points (WCTP) Block in the
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Geological Survey Department – geological studies including map production and maintenance of geological record
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of Canada held an 80% interest in Ghana Bauxite Company Ltd.; the Government held the remaining 20% interest.
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Protection Agency (EPA) and obtaining an environmental permit from the Agency in respect to the undertaking.
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was to supply alumina and serve as the distributor of export sales of aluminum. The government had acquired
597:. The government (90%) was to be the managing owner of the smelter and Alcoa (10%), through its subsidiary, 541: 521: 1927: 1593: 964: 602: 477: 358: 69: 537: 334: 2209: 2060: 2005: 1937: 1922: 1825: 1800: 1541: 1501: 1195:"Artisanal and small-scale mining formalization challenges in Ghana: Explaining grassroots perspectives" 1169: 625: 594: 847:
for the manufacturing of cement. About 2 Mt of clinker was imported in 2003 for the production of
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Inc. of Canada, operated the Chirano gold mine; AngloGold Ashanti Ltd. of South Africa operated the
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underground gold mine. The Bibiani and the Obuasi mines were 100% owned by AngloGold Ashanti and the
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Environmental Protection Agency – overall responsibility for environmental issues related to mining
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of the United States held a 100% interest in the Ahafo gold property and an 85% interest in the
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Minerals Commission – recommends mineral policy; the first contact for prospective investors
875:
At least two companies were exploring for petroleum in the country in 2006. These included
2138: 2030: 1668: 1658: 1320: 1236: 848: 663: 636: 353:(GNPC) is the government entity responsible for petroleum exploration and production. The 285: 300:
Ministry of Lands and Natural Resources – overall responsibility for the mining industry
37:
Please help update this article to reflect recent events or newly available information.
2190: 2118: 2113: 2080: 1993: 1765: 1648: 1603: 1008: 887: 610: 253: 181: 742:; 37%, or 584,000 t, was shipped to China; and the remaining 184,000 t was shipped to 659:-based Newmont Mining Corp. held interest in the Ahafo and the Akyem gold properties. 312:
Lands Commission – legal records of licences and legal examination of new applications
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accounts for service of loans, dividend payments, and expatriate staff remuneration.
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The extractive mining industry of Ghana is expected to generate an annual revenue of
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Other legislation that affects mining and mineral exploration in Ghana includes the
153:. In 2005, gold production accounted for about 95% of total mining export proceeds. 1638: 759: 469: 400:, 1984 (PNDC Law 84), sets out the policy framework and describes the role of the 309:
Mines Department – health and safety inspections and maintenance of mining records
64:(Super macle twinned Diamond)from Akwatia Diamond Mine and Birim Diamond Field at 1663: 1653: 327: 110: 1598: 891: 719: 548: 249: 157: 146: 1218: 746:. Manganese carbonate ore exported from Ghana has traditionally been used in 60:
A large, sharp, equant, translucent, yellow, spinel-twinned or macle twinned
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open pit mines and a 90% interest in the idled Prestea underground mine.
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Clark, Nancy L. "Mining and Petroleum Industries" (and subchapters).
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International Comparative Legal Guides International Business Reports
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Chamber of Mines – association of representatives of mining companies
237: 221: 213: 209: 189: 185: 122: 1476:"60% of Ghana's water bodies polluted – Water Resources Commission" 1052: 1050: 1048: 1046: 72:; and a couple of inclusions add character to this thick, lustrous 2181: 1564: 933: 903: 517: 509: 269: 55: 1533: 1449:
This article incorporates text from this source, which is in the
1057:"The illegal gold mines killing rivers and livelihoods in Ghana," 907: 865: 793: 273: 261: 257: 241: 118: 93: 2205: 1537: 1358:
eBizguides (Firm) (2004). Ghana. MTH Multimedia S.L. pp. 108–.
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Final environmental impact assessment permits were granted in
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ore produced in 2006, about 52%, or 832,000 t, was shipped to
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gold property. Companies exploring for gold in Ghana included
85: 17: 555:(Valco); the remaining equity was owned by the Government. 963:
Ghana has produced and exported gold for centuries. In
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Mining Journal special publication – Ghana, March 2010
722:) and to last until 2025 at current production rates. 1503:
Seventeen illegal miners killed in Ghana pit collapse
1007:
In April 2013, at least 17 people were killed while
2545: 2520: 2239: 2089: 1975: 1884: 1778: 1707: 1677: 1584: 1575: 779:from alluvial and in situ diamond deposits near A 702:of the remaining ore reserve at Bogoso/Prestea is 468:gold mines in a joint venture with Toronto-based 822:field in the upper Birim River catchment area. 472:. (18.9%), and the Government of Ghana (10%) ( 2217: 1549: 576:with the government to develop an integrated 460:of South Africa held a 71.1% interest in the 8: 551:of the United States held a 10% interest in 1164: 1162: 1160: 1158: 1156: 1154: 1152: 1150: 1148: 1146: 1144: 1142: 1140: 1138: 1136: 1134: 1132: 1130: 1128: 1126: 1124: 1122: 1120: 1118: 418:Precious Minerals Marketing Corporation Law 2224: 2210: 2202: 1981: 1890: 1788: 1784: 1713: 1581: 1556: 1542: 1534: 1378: 1376: 1374: 1372: 1116: 1114: 1112: 1110: 1108: 1106: 1104: 1102: 1100: 1098: 398:Petroleum (Exploration and Production) Law 337:has responsibility for administering the 1290:"International Comparative Legal Guides" 1071: 1069: 1042: 938:Illegal mining site at Talensi District 734:Of the 1.6 million metric tons (Mt) of 474:U.S. Securities and Exchange Commission 355:Precious Minerals Marketing Corporation 1426: 1424: 1316: 1306: 899:(10%) and E.O. Group of Ghana (3.5%). 429:and guidelines for health and safety. 1422: 1420: 1418: 1416: 1414: 1412: 1410: 1408: 1406: 1404: 750:as raw material in the production of 580:industry in Ghana that would include 168:and exports from South Ghana such as 7: 1644:Provisional National Defence Council 394:Environmental Assessment Regulations 351:Ghana National Petroleum Corporation 547:In the bauxite and alumina sector, 390:Environmental Protection Agency Act 164:35 billion) in 2014 and other than 1634:Armed Forces Revolutionary Council 1193:Kumah, Richard (1 December 2022). 396:, 1999, and as amended, 2002. The 347:Ghana Geological Survey Department 84:accounts for 5% of the country's 14: 684:International Finance Corporation 599:Alcoa World Alumina and Chemicals 2532:Sahrawi Arab Democratic Republic 2302:Democratic Republic of the Congo 1444: 572:In January 2005, Alcoa signed a 424:Updated Mining Policies in Ghana 412:gold mining is set forth in the 386:Minerals (Royalties) Regulations 292:Government policies and programs 288:Ghana's entire mining industry. 22: 1259:"Ghana Minerals and Mining Act" 1211:10.1016/j.resourpol.2022.102978 1181:United States Geological Survey 1170:"The Mineral Industry of Ghana" 534:Moydow Mines International Inc. 349:conducts geologic studies. The 296:Relevant institutions include: 568:Aluminum, bauxite, and alumina 92:make up 37% of total exports. 1: 480:of South Africa operated the 1474:Mubarik, Abu (13 May 2017). 1077:"Mining in Ghana – Overview" 833:Diamond Cement Ghana Limited 488:open pit gold mines and the 402:Ministry of Mines and Energy 372:of 1986 (PNDC Law 154); the 1619:National Liberation Council 1233:"Ghana Market Introduction" 1063:, retrieved August 11, 2021 574:memorandum of understanding 553:Volta Aluminum Company Ltd. 500:held a 90% interest in the 416:, 1989 (PNDC Law 218). The 414:Small-Scale Gold Mining Law 384:, 1985 (PNDC Law 122); the 374:Small-Scale Gold Mining Law 333:. Within the Ministry, the 2657: 2641:Mining industry by country 2233:Mining industry of Africa 1614:First Republic (1960–1966) 1436:(La Verle Berry, editor). 544:, and Xtra Gold Resources 514:Newmont Mining Corporation 498:Golden Star Resources Ltd. 392:, 1994 (Act 490); and the 382:Additional Profits Tax Law 2161: 1984: 1893: 1791: 1787: 1716: 1441:Federal Research Division 912:West African Gas Pipeline 775:Diamond was recovered by 653:Golden Star Resources Ltd 276:that are yet to be fully 131:environmental degradation 31:This article needs to be 2287:Central African Republic 1796:Administrative divisions 1629:Ignatius Kutu Acheampong 378:Investment Promotion Act 82:Mining industry of Ghana 1168:Bermúdez-Lugo, Omayra. 677:Gold production at the 530:Asante Gold Corporation 370:Minerals Commission Law 341:, recommending mineral 1433:A Country Study: Ghana 939: 542:Perseus Mining Limited 478:AngloGold Ashanti Ltd. 388:, 1987 (LI 1349); the 380:, 1994 (Act 478); the 359:Ghana Chamber of Mines 77: 2447:São Tomé and Príncipe 2307:Republic of the Congo 1288:Group, Global Legal. 937: 595:Volta River Authority 522:Adamus Resources Ltd. 476:, 2005, p. 41). 184:also has deposits of 59: 1963:Water and sanitation 1269:on 27 September 2013 930:Environmental impact 872:thermal powerplant. 635:In the gold sector, 603:Kaiser Aluminum Corp 456:In the gold sector, 2522:States with limited 2041:Illegal immigration 1586:Historical timeline 1438:Library of Congress 916:Chevron Corporation 798:columbite-tantalite 557:Alcan Aluminum Ltd. 538:Pelangio Mines Inc. 458:Gold Fields Limited 335:Minerals Commission 282:Parliament of Ghana 166:industrial minerals 1948:Telecommunications 1319:has generic name ( 940: 449:Industry structure 78: 2636:Industry in Ghana 2618: 2617: 2549:other territories 2322:Equatorial Guinea 2199: 2198: 2157: 2156: 2099:Cultural heritage 2036:Human trafficking 2016:Domestic violence 1971: 1970: 1880: 1879: 1876: 1875: 1853:Political parties 1816:Foreign relations 1774: 1773: 1703: 1702: 1464:2004, p. 3–4 1443:(November 1994). 1364:978-84-609-0601-8 1347:978-1-4330-7746-3 1339:978-1-4330-7746-3 1176:Minerals Yearbook 1059:August 11, 2021, 965:precolonial times 881:Kosmos Energy LLC 662:In October 2005, 52: 51: 2648: 2610: 2609:(United Kingdom) 2605:Tristan da Cunha 2601:Ascension Island 2593: 2580: 2571: 2547:Dependencies and 2240:Sovereign states 2226: 2219: 2212: 2203: 2184: 2177: 2170: 1982: 1891: 1789: 1785: 1714: 1582: 1558: 1551: 1544: 1535: 1516: 1515: 1498: 1492: 1491: 1489: 1487: 1471: 1465: 1462: 1456: 1448: 1447: 1428: 1399: 1398: 1396: 1394: 1384:"FAO.org :" 1380: 1367: 1356: 1350: 1331: 1325: 1324: 1318: 1314: 1312: 1304: 1302: 1300: 1285: 1279: 1278: 1276: 1274: 1265:. Archived from 1255: 1249: 1248: 1246: 1244: 1229: 1223: 1222: 1199:Resources Policy 1190: 1184: 1166: 1093: 1092: 1090: 1088: 1079:. Archived from 1073: 1064: 1054: 1031:Economy of Ghana 1026:Geology of Ghana 1009:mining illegally 815:artisanal mining 777:artisanal miners 526:African Gold plc 284:has no plans to 47: 44: 38: 26: 25: 18: 2656: 2655: 2651: 2650: 2649: 2647: 2646: 2645: 2631:Mining in Ghana 2621: 2620: 2619: 2614: 2613: 2608: 2591: 2578: 2569: 2550: 2548: 2541: 2525: 2523: 2516: 2235: 2230: 2200: 2195: 2187: 2180: 2173: 2166: 2153: 2134:Public holidays 2129:National pledge 2124:National anthem 2085: 2071:Street children 1967: 1903:Cedi (currency) 1872: 1843:Law enforcement 1770: 1756:Protected areas 1699: 1673: 1669:Nana Akufo-Addo 1571: 1562: 1525: 1520: 1519: 1500: 1499: 1495: 1485: 1483: 1473: 1472: 1468: 1463: 1459: 1445: 1429: 1402: 1392: 1390: 1382: 1381: 1370: 1357: 1353: 1332: 1328: 1315: 1305: 1298: 1296: 1287: 1286: 1282: 1272: 1270: 1257: 1256: 1252: 1242: 1240: 1237:British Council 1231: 1230: 1226: 1192: 1191: 1187: 1167: 1096: 1086: 1084: 1075: 1074: 1067: 1055: 1044: 1039: 1022: 1005: 961: 932: 857: 849:Portland cement 831:Works Ltd. and 828: 773: 752:silicomanganese 732: 672:carbon-in-leach 664:Red Back Mining 637:Red Back Mining 619: 570: 565: 451: 294: 151:corporate taxes 139: 137:Economic impact 48: 42: 39: 36: 27: 23: 12: 11: 5: 2654: 2652: 2644: 2643: 2638: 2633: 2623: 2622: 2616: 2615: 2612: 2611: 2594: 2581: 2572: 2558:Canary Islands 2554: 2553: 2551: 2546: 2543: 2542: 2540: 2539: 2534: 2528: 2526: 2521: 2518: 2517: 2515: 2514: 2509: 2504: 2499: 2494: 2489: 2484: 2479: 2474: 2469: 2464: 2459: 2454: 2449: 2444: 2439: 2434: 2429: 2424: 2419: 2414: 2409: 2404: 2399: 2394: 2389: 2384: 2379: 2374: 2369: 2364: 2359: 2354: 2349: 2344: 2339: 2334: 2329: 2324: 2319: 2314: 2309: 2304: 2299: 2294: 2289: 2284: 2279: 2274: 2269: 2264: 2259: 2254: 2249: 2243: 2241: 2237: 2236: 2231: 2229: 2228: 2221: 2214: 2206: 2197: 2196: 2194: 2193: 2186: 2185: 2178: 2171: 2163: 2162: 2159: 2158: 2155: 2154: 2152: 2151: 2146: 2144:Social conduct 2141: 2136: 2131: 2126: 2121: 2116: 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1949: 1946: 1944: 1941: 1939: 1936: 1934: 1931: 1929: 1928:Manufacturing 1926: 1924: 1921: 1919: 1916: 1914: 1911: 1909: 1906: 1904: 1901: 1899: 1896: 1895: 1892: 1889: 1887: 1883: 1869: 1866: 1864: 1861: 1859: 1856: 1854: 1851: 1849: 1846: 1844: 1841: 1839: 1836: 1832: 1829: 1828: 1827: 1824: 1822: 1819: 1817: 1814: 1812: 1809: 1807: 1804: 1802: 1799: 1797: 1794: 1793: 1790: 1786: 1783: 1781: 1777: 1767: 1764: 1762: 1759: 1757: 1754: 1752: 1749: 1747: 1744: 1742: 1739: 1736: 1732: 1729: 1727: 1724: 1722: 1719: 1718: 1715: 1712: 1710: 1706: 1696: 1693: 1691: 1688: 1686: 1683: 1682: 1680: 1676: 1670: 1667: 1665: 1662: 1660: 1657: 1655: 1652: 1650: 1647: 1645: 1642: 1640: 1637: 1635: 1632: 1630: 1627: 1625: 1622: 1620: 1617: 1615: 1612: 1610: 1607: 1605: 1602: 1600: 1597: 1595: 1594:Early history 1592: 1591: 1589: 1587: 1583: 1580: 1578: 1574: 1570: 1566: 1559: 1554: 1552: 1547: 1545: 1540: 1539: 1536: 1530: 1527: 1526: 1522: 1513: 1509: 1505: 1504: 1497: 1494: 1481: 1477: 1470: 1467: 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August 2011 1238: 1234: 1228: 1225: 1220: 1216: 1212: 1208: 1204: 1200: 1196: 1189: 1186: 1182: 1178: 1177: 1171: 1165: 1163: 1161: 1159: 1157: 1155: 1153: 1151: 1149: 1147: 1145: 1143: 1141: 1139: 1137: 1135: 1133: 1131: 1129: 1127: 1125: 1123: 1121: 1119: 1117: 1115: 1113: 1111: 1109: 1107: 1105: 1103: 1101: 1099: 1095: 1082: 1078: 1072: 1070: 1066: 1062: 1058: 1053: 1051: 1049: 1047: 1043: 1036: 1032: 1029: 1027: 1024: 1023: 1019: 1017: 1014: 1011:at a disused 1010: 1002: 1000: 996: 992: 988: 984: 980: 978: 977:offshore bank 972: 968: 966: 958: 956: 952: 948: 944: 936: 929: 927: 923: 921: 917: 913: 909: 906:, Ghana, and 905: 900: 898: 893: 889: 884: 882: 878: 873: 871: 867: 863: 854: 852: 850: 846: 842: 838: 834: 825: 823: 819: 816: 810: 806: 802: 799: 795: 790: 784: 782: 778: 770: 768: 764: 761: 757: 753: 749: 745: 741: 737: 729: 727: 723: 721: 715: 711: 707: 705: 699: 695: 693: 687: 685: 680: 675: 673: 667: 665: 660: 658: 654: 650: 646: 642: 638: 633: 629: 627: 622: 616: 614: 612: 606: 604: 600: 596: 591: 587: 583: 579: 575: 567: 562: 560: 558: 554: 550: 545: 543: 539: 535: 531: 527: 523: 519: 515: 511: 507: 503: 499: 495: 491: 487: 483: 479: 475: 471: 467: 463: 459: 454: 448: 446: 442: 438: 434: 430: 426: 425: 421: 419: 415: 411: 407: 403: 399: 395: 391: 387: 383: 379: 376:of 1989; the 375: 371: 366: 362: 360: 356: 352: 348: 344: 340: 336: 332: 329: 325: 317: 314: 311: 308: 305: 302: 299: 298: 297: 291: 289: 287: 283: 279: 275: 271: 267: 263: 259: 255: 251: 247: 243: 239: 235: 231: 227: 223: 219: 215: 211: 207: 203: 199: 195: 191: 187: 183: 179: 175: 171: 167: 163: 159: 154: 152: 148: 144: 136: 134: 132: 126: 124: 120: 116: 112: 108: 104: 100: 95: 91: 87: 83: 75: 71: 67: 63: 58: 54: 46: 34: 29: 20: 19: 16: 2597:Saint Helena 2568:   2472:South Africa 2462:Sierra Leone 2351: 2267:Burkina Faso 2182:Bibliography 2061:Prostitution 2006:Demographics 1932: 1908:Central Bank 1826:Human rights 1801:Constitution 1639:Hilla Limann 1502: 1496: 1484:. 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Index


Diamond
Akwatia
Eastern Region
crystal
GDP
minerals
Gold
bauxite
manganese
diamonds
natural gas
petroleum
salt
silver
environmental degradation
royalties
income taxes
corporate taxes
GH₵
US$
industrial minerals
diamonds
bauxite
manganese
Ashanti Region
barites
basalts
clays
dolomites

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