According to the Ghana Chamber of Mines, Ghana’s gold output is anticipated to exceed 5 million ounces.
This forecast follows a robust recovery in 2023, during which Ghana regained its status as Africa’s leading gold producer.
Domestic production increased by 32 percent, reaching 3.7 million ounces, up from 2.8 million ounces in 2021.
The Acting CEO of the Chamber, Ahmed Dasana Nantogmah, stated that the Chamber fully endorses strategic initiatives designed to enhance foreign exchange earnings—including the government’s Goldbod initiative, which aims to improve macroeconomic stability.
“In terms of functionality, the objectives outlined for Goldbod appear promising on paper, and as a chamber, we even have representation on the board, so we are optimistic about collaborating with them to promote sustainable mining. A significant portion of gold, approximately 40 percent, is sourced from the small-scale mining sector, which will bolster our foreign exchange earnings,” he remarked.
“For our projections, we anticipate exceeding 5 million ounces by 2025,” he added.
He commented during the 2025 West African Mining and Power Expo held in Accra.
