Land Exploration

Gold mining is one of the most important economic activities in Ghana. Gold exploration and mining have been ongoing in the country for many years. The country has a long history of gold mining, with some of the earliest mines dating back to the 15th century. Ghana is currently the world’s second-largest producer of gold, with production estimated at around 4 million ounces per year. The country also has very large reserves of gold, estimated at around 20 million ounces.

Gold exploration and mining are carried out by both large-scale mining companies and small-scale miners. NTM Limited is a Large-scale mining company operating in Ghana. Small-scale mining is also an important part of the gold mining industry in Ghana, with more than 50% of gold being produced by small-scale miners.

The government of Ghana has been working to formalize the small-scale mining sector and to provide support for small-scale miners through initiatives such as the establishment of a national association of small-scale miners. The future of gold mining in Ghana is bright, with the potential for further discoveries of large gold deposits and an increase in production from both small-scale miners and large-scale mining companies.