Ghana ranked Africa’s Largest Producer of Gold in 2024

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Ghana ranked Africa’s Largest Producer of Gold in 2024

  Gold production sustains economies, there is no two ways about that. China, Russia, Australia, Canada, Ghana, South Africa, USA are some of

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Gold production sustains economies, there is no two ways about that. China, Russia, Australia, Canada, Ghana, South Africa, USA are some of the countries that produce gold in abundance yearly.

In 2024, China was ranked the top producer of gold across the world with an output of 380 metric tons with Australia, Russia, Canada and the United States completing the top 5.

Ghana in Africa is ranked the top producer of gold on the continent. The West African nation is known for Gold production and has improved massively in their production going from 88 MT in 2015 to 130 MT in 2024.

Gold has become an important driver for Ghana’s economy. In 2023, gold exports accounted for 62.1 per cent of Ghana’s total exports, adding US$580 million to the nation’s gross domestic product.

Newmont’s Ahafo South mine, which produced 581,000 ounces of gold in 2023, and Gold Fields Tarkwa mine with 551,000 ounces are some of the most productive gold mines in the country.

Ghana produced 130 metric tons in 2024 helping them top South Africa (110 MT), one of the largest producers of gold.

Sudan produced 64 tons of gold in 2024 and is ranked third. Tanzania(60 MT), Mali (51 MT), Burkina Faso (47.7 tons) and Zimbabwe (36.48 MT).

The rankings in full

1. Ghana 🇬🇭 – 113 tons

2. South Africa 🇿🇦 – 110 tons

3. Sudan 🇸🇩 – 64 tons

4. Tanzania 🇹🇿 – 60 tons

5. Mali 🇲🇱 – 51 tons

6. Burkina Faso 🇧🇫 – 47.7 tons

7. Zimbabwe 🇿🇼 – 36.48 tons

 

Check out World rankings

1. China 380 MT

2. Russia 310 MT

3. Australia 290 MT

4. Canada 200 MT

5. United States 160 MT

6. Kazakhstan 130 MT

6. Mexico 130 MT

6. Ghana 130 MT

9. Uzbekistan (120 MT)

10. Indonesia (100 MT)

11. South Africa (100 MT)

12. Peru (100 MT)