Gold companies in Ghana have established a strong footing, and in turn, helped the country's mining sector to grow exponentially. Ghana's mining sector contributes to Ghana's GDP a lot. It is estimated that about 37% of Ghana's export comes from the mining sector. This means that the mining sector in Ghana is a lucrative business, which has attracted companies from across the world. There are more than 23 companies which together make the Gold business in Ghana a money maker. These companies engage in Gold exploration activities as well as mining itself.
Mining companies in Ghana have their work cut out. Ghana has a wide variety of minerals, from Gold, to Bauxite, to Diamonds and Manganese. It is the largest Gold producer in Africa, and has very large deposits of silver, petroleum, salt and natural gas. Most of the mining activities in Ghana begun back in the 90's, but petroleum exploration was in progress in the early 19th century. Unfortunately, most of the mining activities, including exploration are carried out by international companies. And the Ghanaian government has stakes in some of these companies, while having full ownership of some. Ordinary investors who are well versed with the business can invest too.
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Ghana's mining sectors has been on the rise since the beginning of mining activities in the country. This has attracted a large number of companies, especially those that are looking forward to invest in the country's Gold mines. We have prepared a list of Gold mining companies in Ghana that might be of use to you.
Ghana mining companies
These are the list of the Gold mining companies operating in Ghana that you should know. The list contains mining companies in Ghana and their email addresses where available.
1. Adamus Reseources Limited
Adamus is an Australian mining company head quartered in Perth, Australia. By December 5, 2011, the Adamus Resources was bought by Endeavour Mining Corporation. Adamus is actively involved in Gold production, mine development, mineral exploration, and processing plant construction and commissioning activities. The company owns 90% interest in Nzema Gold Project that has a block of tenements and options that stretch for an estimated distance of 665 square kilometers found in S. West Ghana in West Africa. The estimated Gold production of Nzema Ghana Project is about 100,000 oZ.
2. AngloGold Ashanti Limited
AngloGold Ashanti is a global Gold mining company with exploration projects and mines in four regions, that is the Americas, Continental Africa, Australasia, and South Africa. The company was created after the merger of AngloGold and Ashanti Gold Mines Corporations in the year 2004. In Ghana, the company owns the Obuasi and Iduapriem Gold mines, where it conducts much of its mining activities.
3. Perseus Mining Limited
Perseus Mining Limited (ASX/TSX code: PRU) has established it self as a strong, diversified West African-focused Gold development, exploration, and production company. In 2018, the company became a multi-line, multi-jurisdiction Gold producer after it begun its operations in Sissingué Gold Mine in Côte d’Ivoire. In Ghana, the company developed the Edikan Gold Mine, where it has been able to produce about 200,000 oZ of Gold annualy since the year 2012. When looking at the mining companies in Ghana and their locations, Perseus has two mine locations, that is Grumesa and Edikan Gold Mine.
Grumesa is a 39km2 licence located 35km east of the Edikan mine, while Edikan Gold Mine is a 480km² of tenements centred on the Ashanti Gold Belt, 25km-65km from the 60-million-ounce Obuasi Gold deposit.
4. Newmont Ghana Limited
The Newton Ghana Limited has several mines in Ghana including the Ahafor mine in the Brong-Ahafo region and the Akyem operation being carried out in the Eastern region close to the New Abirem. This company is a subsidiary of the Newmont Mining Corporation - an American company. The company is headquartered in Ghana. Its mines form the largest mining areas in Ghana.
Newmont started its mining operation in Ghana when it acquired Normandy mining in the year 2002. And started production in 2006, at the Ahafo mine, and in 2013, at the Akyem mine. The company is also chasing after a profitable expansion project of their mines and mills in Ahafo.
5. Golden Star Mining
Golden star owns and operates the Wassa and Prestea mines found in the Gold rich Ashanti Gold Belt in Ghana. The company has been listed on several stock exchange listings including the NYSE American stock exchange (ticker: GSS), the Toronto Stock Exchange (ticker: GSC) and the Ghana Stock Exchange (ticker: GSR).
6. Golden Star (Bogoso/Prestea) Limited
This company owns a 90% interest in Bogoso/Presta property that is made up of Presta and Bogos surface mining areas seated next to each other. The ownership is on a leasehold basis for production and exploration of Gold. Initially, this company was called Bogoso Gold Limited. It however, changed its name to Golden star (Bogoso/Presta) Limited in 2006. And is located in Bogoso, Ghana. This company performs its duties as a subsidiary of Golden Star Resources Limited.
7. Green Gold Mining Ltd
Green Gold Mining is a small scale mining company that conducts mining operations in Ghana as well as Liberia. The company has been in existence for more than 20 years, and has transformed over the years to what you know it today. It is among Ghana's highly sough after mining compaines with Mineral Export Licenses from the Precious Minerals Marketing Company (PMMC) Limited in Ghana.
The company has two main Gold extract sites in Ghana. It refines and purifies minerals to get the highest amount that one can get from selling the mineral. Recently, the company increased its pure Gold production from 150kg per month to 285kg after introduction of new technology into the process.
Whether you are looking for mining companies in Ghana Tarkwa, or a general mining companies in Ghana list, you will surely not miss to find a good Gold mining company that will meet your needs quite well. Gold investment companies in Ghana, Gold trading companies in Ghana and Gold shipping companies in Ghana also aid in the whole mining and transportation business. This ensures that the Gold produced in Ghana reaches the market on time and at a good price thus keeping the trade at a sustainable level.