Ghana, known for its rich gold reserves, is set to see a significant increase in gold production in 2025. The Chamber of Mines has forecasted a 6.25% rise in gold output, with the country expected to produce approximately 5.1 million ounces of gold, up from last year’s record output of 4.8 million ounces.
This surge in gold production has been attributed to strong production from artisanal mining and the introduction of new large-scale operations in the country. Despite a decline in output from Ghana’s ageing mines, the overall increase in production is a positive sign for the nation’s mining industry.
Ghana’s impressive performance in 2024, when total gold output rose by 19.3%, solidified its position as Africa’s leading gold producer, surpassing countries like South Africa and Mali. The country’s export revenue has also been positively impacted by the surging prices of gold, leading to a boost in the country’s economy and strengthening of its currency, the cedi.
“We project gold output to range between 4.4 and 5.1 million ounces in 2025, with increased contributions from mines like Newmont’s Ahafo South Mine and Shandong’s Namdini Mine,” commented Chamber of Mines President, Michael Akafia, at a recent event in Accra.
Ghana’s growing gold production is not only beneficial for the mining industry but also for the country’s economy as a whole. With its status as a cocoa producer and oil exporter, Ghana is well-positioned to capitalize on the increased revenue from gold production and continue its economic recovery from recent challenges.
Overall, Ghana’s rising gold output in 2025 is a positive indicator of the country’s mining industry’s resilience and potential for growth in the coming
Ghanaflare.com
