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Mining in Ghana is a major contributor to the economy of Ghana, providing about 40% of its foreign exchange earnings [1] as well as about 5.7% of its Gross Domestic Product.. Gold dominates the mineral sector, contributing over 90% of total mineral exports.
The Ghana Chamber of Mines (GCM) is the main minerals industry association in Ghana. The Chamber is a voluntary private sector employers association representing companies and organizations engaged in the minerals and mining industry. It was founded in 1928 and has its members accounting for over 90 percent of all of the country's mineral ...
Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [28] The country is also the second-largest cocoa producer (after Ivory Coast). [29] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in 2005, but government spending was later allowed to balloon.
[1] [2] [3] The first documented large-scale mining operation in Ghana was at Obuasi, where gold was discovered in 1897. By 1900, Ghana, then known as the Gold Coast, had become a major supplier of gold in the British Empire. [4] [5] [6] Ghana is renowned for its gold resources and is the largest producer of gold in Africa as of 2019.
The history of bauxite mining in Ghana dates back to the early 20th century. Bauxite was first discovered in the country in 1921 at Awaso, in the Western North Region. The first operations began in the 1940s, with the Ghana Bauxite Company (GBC) managing the extraction and export of bauxite since then. [4]
In 2015 she established Women in Mining Ghana (WIM), as a limited company. Its main purpose is to serve as an advocacy body for women working in the mining sector (Industry, Academia and Government) by offering training, mentorship, networking and research projects. She is its current President. [13]
Mining at Iduapriem was suspended for a time in early 2010 to allow for the construction of a temporary tailings storage facility at the mine. [6] The operators were told by the Environmental Protection Agency of Ghana to suspend operations over "potentially adverse environmental impacts arising from the current tailings storage facility". [7] [8]
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