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Ghana: Five Largest Mines in 2021

  • Tarkwa Mine in Western, was the largest mine in Ghana, producing approximately 13.19 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) and primarily produced gold (521.7 thousand ounces) in 2021. The Tarkwa Mine is owned by Government of Ghana;Gold Fields Ltd, and is due to operate until 2034. The second largest mine with approximately 7.22 mmtpa of ROM and primarily producing gold (377.72 thousand ounces), was the Akyem Project located in Greater Accra. The Akyem Project is owned by Newmont Corp, and is due to operate until 2030.

  • Ahafo Mine located in Brong Ahafo was the third-largest mine, the Damang Mine located in Western was the fourth-largest mine, and the Asanko Gold Mine located in Ashanti was the fifth-largest mine, with an estimated ROM production of 7.13 mmtpa, 6.4 mmtpa and 6.21 mmtpa, respectively, in 2021. Primarily, the Ahafo Mine produced approximately 456 thousand ounces of gold, the Damang Mine produced approximately 254 thousand ounces of gold and the Asanko Gold Mine produced approximately 210 thousand ounces of gold in the year 2021. The Ahafo Mine is owned by Newmont Corp which is due to operate until 2038, the Damang Mine is owned by Gold Fields Ltd;Government of Ghana which is due to operate until 2026 and the Asanko Gold Mine is owned by Gold Fields Ltd;Galiano Gold Inc;Government of Ghana which is due to operate until 2030.

  • The five largest mines, i.e., Tarkwa Mine, Akyem Project, Ahafo Mine, Damang Mine, and Asanko Gold Mine, cumulatively produced approximately 40.15 mmtpa of ROM in 2021

Ghana: Five Largest Mines in 2021

Published: July 2022
Source: GlobalData

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