{"id":188361,"date":"2024-06-09T08:31:45","date_gmt":"2024-06-09T08:31:45","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/06\/09\/ghanas-gold-production-rises-to-4-million-ounces-in-2023-chamber-of-mines-report\/"},"modified":"2024-06-09T08:31:45","modified_gmt":"2024-06-09T08:31:45","slug":"ghanas-gold-production-rises-to-4-million-ounces-in-2023-chamber-of-mines-report","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/06\/09\/ghanas-gold-production-rises-to-4-million-ounces-in-2023-chamber-of-mines-report\/","title":{"rendered":"Ghana\u2019s gold production rises to 4 million ounces in 2023 \u2013 Chamber of Mines report \u2013"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Ghana\u2019s gold production rose 8.3 per cent to 4 million ounces in 2023 compared to 3.7 million ounces the previous year, data from the Ghana Chamber of Mines showed.<\/p>\n<p>The production growth was driven primarily by the expansion in the output of small-scale miners, which was sufficient to offset the decline in the large-scale sub-sectors\u2019 output.<\/p>\n<p>It is the country\u2019s highest output since the outbreak of the COVID-19 pandemic.<\/p>\n<p>Gold production attributable to the large-scale sub-sector declined from 3.1 million ounces in 2022 to 2.9 million ounces in 2023, which translates into a downturn of 4.9 per cent.<\/p>\n<p>Conversely, the comparable outturn for the small-<\/p>\n<p>scale sub-sector grew by 70.6 per cent, from 0.66\u202f million ounces to 1.1 million ounces in the corresponding period.<\/p>\n<p>In 2024, gold output is forecast to reach between 4.3 and 4.5 million ounces in 2024.<\/p>\n<p>New projects like Newmont\u2019s Ahafo North and Cardinal Resource\u2019s Namdini Gold Mine will contribute to this growth.\u202f<\/p>\n<p>Manganese production is expected to increase to 5 million tonnes, bauxite to between 1.2 million and 1.5 million tonnes, and diamond exports to about 220,000 to 250,000 carats.<\/p>\n<p><strong>Source:\u00a0<\/strong>GNA<\/p>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ghana\u2019s gold production rose 8.3 per cent to 4 million ounces in 2023 compared to 3.7 million ounces the previous year, data from the Ghana Chamber of Mines showed. The production growth was driven primarily by the expansion in the output of small-scale miners, which was sufficient to offset the decline in the large-scale sub-sectors\u2019 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":169845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-188361","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana\u2019s gold production rises to 4 million ounces in 2023 \u2013 Chamber of Mines report \u2013 - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/06\/09\/ghanas-gold-production-rises-to-4-million-ounces-in-2023-chamber-of-mines-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana\u2019s gold production rises to 4 million ounces in 2023 \u2013 Chamber of Mines report \u2013 - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Ghana\u2019s gold production rose 8.3 per cent to 4 million ounces in 2023 compared to 3.7 million ounces the previous year, data from the Ghana Chamber of Mines showed. 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