Mining in Ghana
The oldest democratic independent state in Africa; recently celebrated its 50 year anniversary
Stable and fair mining tenure, royalty, and tax laws
Prolific greenstone belts that have yielded 120+ million ounces of past production, current reserve and resources located within a 100 km radius
Multi-million ounce 1-2 g/t Au gold mines operated profitably by both major (Newmont, Anglo, Goldfields and Kinross) and mid-tier (Golden Star) companies
Despite large historic production, the discovery rate in Ghana is still increasing. Numerous multi-million ounce, at-surface discoveries have been made in the last 5 years