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The Mining industry of Ghana accounts for 5% of the country's GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana's mining and minerals development industry remains focused on gold. Ghana is Africa's largest gold producer, producing 80.5 t in 2008.

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If Africa Is So Rich, Why Is It So Poor? - PassBlue

Mar 19, 2016· First, Africa isn't a major producer of gold. Only South Africa and Ghana are in the top 15 countries in production, and they only combine for about 250 tonnes out of the 3,000 tonnes produced globally. Secondly, mining companies average only about a 7% return on investment – a marginal business, subject to long bust cycles.

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