How do I start a gold mining company in Ghana?

Who owns gold mines in Ghana?

The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897.

Mines & Production.

Mine Obuasi Gold Mine
Country Ghana
2002 537,219
2003 513,163

How many gold mines are there in Ghana?

The country is home to 23 mines, with a large portion of those being gold mines, which are operated by well-known companies both big and small; Newmont Goldcorp (TSX:NGT,NYSE:NEM) with its Akyem and Ahafo mines; Kinross Gold’s (TSX:K,NYSE:KGC) Chirano mine; and AngloGold Ashanti (ASX:AGG,NYSE:AU,OTC Pink:AULGF), which …

What are some of the companies that mine gold in Ghana?

Operating Mines

NO. Operating Mines Website Address
2. AngloGold Ashanti (Iduapriem)Ltd
3. Gold Fields Ghana Ltd
4. Abosso Goldfields Limited
5. Golden Star Ltd
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How many mining companies are in Ghana?

Ghana has 20 large-scale mining companies producing gold, diamonds, bauxite and manganese, and, there are also over 300 registered small scale mining groups and 90 mine support service companies. Other mineral commodities produced in the country are natural gas, petroleum, salt, and silver.

How much is a kilo of gold in Ghana?

Ghana Gold Price | 24-hour gold rate live

Gold Rates per Kg Gold Price per Kilo [GHS] in Ghana cedi High
1 Kilo Gold Price (1 kilogram) 353,171.53 353,258.72
2 Kilos Gold Price (2 kilogram) 706,343.06 706,517.43
5 Kilos Gold Price (5 kilogram) 1,765,857.65 1,766,293.59
10 Kilos Gold Price (10 kilogram) 3,531,715.30 3,532,587.17

Which African country has most gold?

Ghana is Africa’s largest producer of gold, beating out South Africa for the top spot in 2019, and is also known for its reserves of various industrial minerals. Industry majors such as AngloGold Ashanti and Gold Fields have shifted their focus from South Africa to Ghana where deposits are cheaper and easier to mine.

Which tribe is the richest in Ghana?

Land of Gold – Historically, we can confidently say the Ashanti’s are by far the richest sect of Ghanaians by birth. Born into riches, they are destined for wealth by inheritance. Many Ashanti’s acquire their starting capital from their fathers and forefathers.

What is the price of gold in Ghana?

Today Gold Price in Ghana = 354.24 GHS per Gram. 10 Grams Gold Rate = 3,542.41 GHS.

Today Gold Price per Gram in Ghana.

Current Price: 354.28 GHS
Today 1 GHS: $0.17282 USD
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Can you take gold out of Ghana?

It is imperative to note that, in Ghana, an individual need a license to buy and deal with minerals. Therefore, the export of gold out of the jurisdiction of Ghana can only be done under a license by an entity. This is regulated under the Minerals and Mining Act, 2006 (Act 703).

How do I get a gold license in Ghana?


  1. Must be an incorporated company with a minimum capital of USD500,000.00.
  2. Must have been registered with Ghana Investment Promotion Center.
  3. Registered with the Ghana Revenue Authority.
  4. Register with Social Security and National Insurance Trust (SSNIT)
  5. Must have a registered office.


Is there a lot of gold in Ghana?

Ghana – 142.4 tonnes

The minerals mined in Ghana account for 37% of the country’s total exports, with gold comprising 90% of total mineral exports. estimates Ghana’s gold reserves to be 1,000 metric tonnes.

Which town is gold mined in Ghana?

Obuasi Gold Mine

Obuasi Gold Mine Location in Ashanti
Location Obuasi
Municipality Obuasi Municipal
Country Ghana

What is the biggest mining company in Ghana?

Some of the major mining companies in Ghana are Newmont Goldcorp (American), Canadian and Australian. There are also South African companies such as Goldfields and AngloGold Ashanti.

Is Ghana a poor country?

It is hard to pinpoint a single cause of long-term poverty. Dictatorial and corrupt governments can make what could be a very rich nation into a poor one.


Rank Country GDP-PPP ($)
60 Samoa 5,653
61 Ghana 5,693
62 Mauritania 5,834
63 Libya 5,893
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What is the biggest company in Ghana?

Top 10 Companies

Rank Company Country
1 Scancom Ghana Limited (MTN) Ghana
2 Olam Ghana Limited Ghana
3 Total Petroleum Ghana Limited (TPGL) Ghana
4 Ecobank Ghana Limited Ghana
Across the Sahara