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Ghana sees slight dip in gold production this year

Posted on 02 June 2016

Ghana expects to produce 2.7 million ounces of gold in 2016, down only marginally from last year as new production offsets a decline in output due to lower global prices and ageing mines, the Chamber of Mines said on Wednesday.
Gold is the single biggest revenue earner for Ghana, which is following a three-year aid deal with the International Monetary Fund. The West African country produced 2.8 million ounces of gold last year, the Chamber’s Chief Executive Sulemanu Koney said, down 10 percent from 2014 when AngloGold Ashanti’s Obuasi mine laid off workers and all but stopped production………………………………………..Full Article: Source


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