Exploration Projects From Largest Share of Ghana Mining Industry

Since 1983, Ghana has undergone significant structural reforms with a strong movement towards an economic transformation of the mining sector. These reforms focus on attracting foreign investment, privatisation and state disinvestment to revitalise the industry. Ghana currently has 45 mining projects covering 5 commodities and hosts 32 mining and exploration companies.

Figure 10 visualizes the number of exploration projects operating in Ghana. The largest share of current mining projects is exploration-based and account for 27 (or 61%) of the total 45 projects recorded. Current exploration projects comprise four of the five main commodities produced by Ghana; gold makes up 90%, while oil, manganese and diamonds represent 3% respectively.

Figure 10 also reveals the phases that Ghana’s exploration projects are in. Exploration projects can be classified into 4 phases: pre feasibility, grassroots, feasibility and bankable. Most projects in Ghana are in the feasibility stage. 

These statistics offer an inside preview of the Mining in Ghana 2016 report compiled by Mining Analytix. This comprehensive synopsis details facts and figures on mining exploration in Ghana, including strategic insight into the structure of mining activities. Key findings of the report yield essential information for those seeking to gain in-depth analysis of Ghana’s mining market. 

For more information on the mining industry of Ghana, please visit the Mining Analytix Reports page by clicking here. Standard Country and Commodity Reports are available online as well as a subscription service to our database of mining activity across Africa. Mining Analytix Reports are the most dependable source of mining information available for the region. Each report is the result of professional research conducted by a team of leading industry researchers within a single publication and provides a precise picture of the current state of affairs. 

About Mining Analytix

Mining Analytix, the research division of African Mining, is a proudly South African market research company that conducts structural research to deliver holistic insights into the African mining industry. Mining Analytix also conducts integrated research in order to deliver a 360° view of the mining industry, with a specific focus on the African continent.