Ghana's gold production increased by 8.3% to 4 million ounces in 2023, according to data released by the Ghana Chamber of Mines.
The expansion in the output of small-scale miners was the primary factor driving the growth, which was sufficient to counteract a decrease in the production of large-scale miners.
Reuters quoted the chamber's president Michael Edem Akafia as saying in an address in Accra that the output is expected to increase to between 4.3 million and 4.5 million ounces in 2024.
Ghana regained its top spot from South Africa as the largest gold producer in Africa last year when output rose to 3.7 million ounces in 2022 from 2.8 million ounces the previous year.
It lost the position to South Africa in 2021.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
