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Gold mining in Ghana has a long history, dating back to the 10th century when the region was part of the ancient Ghana Empire. Commercial gold mining began in the early 19th century, with Europeans establishing several mines during the colonial period. [1] [2] [3] The first documented large-scale mining operation in Ghana was at Obuasi, where ...
Silver mining in Ghana is minimal compared to gold and it is produced in smaller quantities as a by-product of gold mining. [73] In 2022, Ghana's silver production was estimated at approximately 10,000 metric tons, primarily extracted during the processing of gold ores. While silver plays a secondary role in Ghana’s mining industry, it still ...
There is a long history of mining in the area, with mining from the Ashanti region providing the gold for which the Gold Coast got its name. Large scale commercial and industrial mining began at Obuasi in 1897 with the formation of Ashanti Goldfields Corporation. [6] In 2004, Ashanti Goldfields merged with AngloGold to form AngloGold Ashanti.
Obuasi is a gold mining town and is the capital of the Obuasi Municipal District in the Ashanti Region of Ghana. [2] [3] It lies in the southern part of the Obuasi Municipal and is located about 39 mi (63 km) from Kumasi. [3] As of 2012, the town has a population of 175,043 people. [1]
The Tarkwa mine is one of the largest gold mines in the Ghana and in the world. [1] The mine is located in the south-west of the country in the Western Region. [1] The mine has estimated reserves of 15.1 million oz of gold. [1]
In 1994, the Ghana government, the majority shareholder, announced plans to sell 20-25 percent of its interest in AGC in a share flotation. The company was listed on the London and Ghana stock exchanges. It was the largest flotation ever organised by any gold mining company coordinating and advisory team alone numbered over 200 people.
Concerns over the environmental impact of illegal gold mining - known in the country as "galamsey" - have become another major talking-point. A series of demonstrations over the practice, which ...
A number of mining companies cluster between the villages of Aboso and Tamso in the late 19th century. [9] Tarkwa Mine has the distinction of being one of the largest gold mines in South Ghana. Approximately 24 tons of gold is produced annually, and 100 million tons of earth is moved to achieve this production rate.