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Precious Metals Mining in Ghana to 2020 - a Focus on the Gold Industry

Precious Metals Mining in Ghana to 2020 - a Focus on the Gold Industry

Synopsis

Ghana had the world’s ninth-largest gold metal reserves at 2,000 tonnes (t) or 3.6% of the global total at the end of 2014, with reserves spread across the region of Ashanti and other Western regions – across the four belts of Kibi, Ashanti, Asankrangwa and the Sefwi.

Summary

Timetric's 'Precious Metals Mining in Ghana to 2020 – a Focus on the Gold Industry' report comprehensively covers Ghana's gold reserves, grade and reserves by selected mines and major producing companies, the historic and forecast data on gold production and historic and forecast production by selected gold mines and gold prices.

The report also includes factors affecting demand for gold, profiles of major gold producing companies and information on the active, exploration and development gold projects.

The Fiscal Regime section provides information about the country’s regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the mining of the commodity in the country.

It is an essential tool for companies active in Ghana mining and for new competitors considering entering the industry.

Scope

The report contains an overview of Ghana's gold mining industry, together with the key factors affecting the industry and demand for the commodity.

It also provides information about Ghana's gold reserves, historic and forecast data on gold mine production and production forecast by selected mines, the competitive landscape and active, exploration and development gold projects.

Reasons To Buy

Gain an understanding of the gold mining industry in Ghana, gold reserves, historic and forecast data on gold mine production, demand drivers, active, exploration and development gold projects, the competitive landscape and the country's fiscal regime.

Key Highlights

  • Gold mine (or metal content in the ore) production was 3.2 million ounces in 2014 – down by 8.2% over 2013 due to a fall in production at the Ahafo, Iduapriem and Tarkwa mines.
  • Artisanal gold mining plays a major role. Artisanal miners produced 1.5 million ounces of gold, accounting for 46.9% of the country’s production in 2014.
  • The Ghanaian mining industry is regulated by the Minerals and Mining Act 2006, and is managed by the Ministry of Land and Resources and the Environment Protection Agency. The Minerals Commission is equally involved in the co-ordination and implementation of mining policies.


  • EXECUTIVE SUMMARY
  • GOLD MINING IN GHANA - RESERVES AND PRODUCTION
    • Total Reserves and Reserves by Grade for Selected Mines
      • Table Precious Metals Mining in Ghana - Gold Reserves and Grade for Selected Mines, 2015
    • Reserves by Major Producing Companies
    • Historic and Forecast Production
      • Table Precious Metals Mining in Ghana - Historic and Forecast Gold Mine Production (Thousand Ounces), 2000-2020
      • Historic and forecast gold mine production by selected mines
        • Table Precious Metals Mining in Ghana - Historic and Forecast Gold Mine Production by Selected Mines (Thousand Ounces), 2008-2020
    • Active Mines
      • Table Gold Mining in Ghana - Active Mines, 2015
    • Exploration Projects
      • Table Gold Mining in Ghana - Exploration Projects, 2015
    • Development Projects
      • Table Gold Mining in Ghana - Development Projects, 2015
    • Demand Drivers - Expected Improvement in Demand by 2020
      • Demand from export markets and end-use sectors
        • Table Precious Metals Mining in Brazil - Consumer Gold Demand in India and China (Million Ounces), 2009-2015*
  • MAJOR PRECIOUS METALS PRODUCERS IN GHANA
    • Table Precious Metals Mining in Ghana - Comparative Analysis of Major Producers, 2014
    • Newmont Mining Corporation
      • Table Precious Metals Mining in Ghana - Newmont Mining Corporation, 2015
    • Gold Fields Ltd
      • Table Precious Metals Mining in Ghana - Gold Fields Ltd, 2015
    • AngloGold Ashanti Ltd
      • Table Precious Metals Mining in Ghana - AngloGold Ashanti Ltd, 2015
    • Kinross Gold Corporation
      • Table Precious Metals Mining in Ghana - Kinross Gold Corporation, 2015
  • FISCAL REGIME
    • The Ghanaian Mining Industry - Governing Bodies
      • Ministry of Land and Resources
      • Environmental Protection Agency
      • Minerals Commission
    • The Ghanaian Mining Industry - Governing Laws
      • Minerals and Mining Act, 2006
      • Small-Scale Mining Act 1989
    • The Ghanaian Mining Industry - Rights and Licenses
      • Mineral rights
      • Reconnaissance license
      • Prospecting license
      • Mining lease
      • Restricted license or lease for industrial mineral right
      • Small-scale mining license
      • Import duty exemption
      • Mine support service company license
      • Minerals purchase and export, sell or disposal license
    • The Ghanaian Mining Industry - Key Fiscal Terms
      • Royalty
      • Corporate income tax
      • Depreciation
      • Gift tax
      • Capital gains tax
      • Loss carry forward
      • Withholding tax
        • Table The Mining Industry in Ghana - Withholding Tax Rates for Non Resident (%), 2015
      • Value added tax
  • APPENDIX
    • Abbreviations
    • Bibliography
    • Secondary Research
    • Primary Research
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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