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Ghana will seek to raise $750m through a sale of shares in a fund that will hold the West African nations stakes in mining companies and receive royalties. New AngloGold boss weighs asset sales
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Ghanas mining industry contributes around 37% to the countrys total exports. As a result of this, there are quite a number of mining companies in Ghana that are making a great fortune. Gold alone contributes up to 90% of the mineral exports in the country. The number of gold mining companies Ghana amounts to more than 23.
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You are here Gold Fields Ghana (GFG) is presently the number one gold mining company and largest gold producer in Ghana, with annual production in excess of 935,000 ounces from its two operating mines at Damang and Tarkwa. Gold Fields Ghana engages about 5,612 Ghanaians in direct employment.
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JSE business development manager Patryjca Kula tells Mining Weekly that, while the number of listed mining companies alone is not an accurate reflection of how the industry is faring, it provides