Ghana Press Releases
Ghana's government has enacted a new sliding-scale royalty framework for gold producers, replacing the previous flat-rate structure with a tiered system that reduces the fiscal burden on smaller operators and encourages formalisation of artisanal and small-scale mining activity.
The Ghana Gold Board has set an ambitious target to aggregate 100 tonnes of artisanal and small-scale gold annually, with an estimated market value of USD 10 billion, as the national aggregation programme continues to expand its reach across the country's producing regions.
Ghana's Minerals Commission has projected national gold output of 6.3 million ounces in 2026, reflecting continued growth across the large-scale, mid-tier, and formalising artisanal sectors and reinforcing the country's position as Africa's top gold producer.
Ghana's programme to increase the proportion of its gold output refined domestically has advanced significantly with the expansion of the Gold Coast Refinery, expected to double its annual processing capacity and retain greater value within the national economy.
Ghana has been ranked fifth among Africa's most attractive mining investment destinations in an annual survey by the Fraser Institute, with stable governance and a transparent regulatory framework receiving strong marks from international mining executives.
The Ghana cedi has appreciated approximately 32 per cent against the US dollar in 2025, one of the strongest performances by any African currency in the year, driven by record gold export earnings and renewed international investor confidence.
The Ghana Stock Exchange Composite Index has surged 79 per cent in 2025, one of the strongest performances among African equity markets, with mining and gold sector stocks among the primary drivers as elevated gold prices transformed earnings across the sector.
The annual Volta Trade and Investment Fair has showcased Ghana's 24-Hour Economy initiative, with the minerals and gold sector featuring prominently among the investment opportunities presented to domestic and international businesses at the event in the Volta Region.
The Bank of Ghana has cut its benchmark monetary policy rate to 18 per cent, the lowest level in three years, as inflation returned within the central bank's target range and improving macroeconomic conditions created space for further easing of financial conditions.
Azumah Resources has announced the advancement of its gold mine development project in north-west Ghana, with feasibility studies confirming commercial viability at current gold prices and construction planning proceeding ahead of a final investment decision in the first quarter of 2026.