mining
mining

Ghana, the country with abundant deposits of gold, diamond, bauxite and manganese, is seeking to undertake the production of other minerals such as limestone, clay, kaolin, mica, and columbite-tantalite.

mining
mining

The West African country also has unexploited deposits of feldspar, silica sand, quartz, salt and oil, as well as iron ore, ilmenite, magnetite, rare?earths and rutile.
Industrial minerals including brown clays, kaolin and silica sand are also being exploited on a small scale to supply local industries in ceramic, paint and glass manufacturing.
Chief Executive Officer (CEO) of the Minerals Commission Toni Aubynn told Xinhua that the country would initiate efforts at tapping these resources to its advantage.
“Results of recent exploration work have shown occurrences of base metals; copper, zinc, nickel and chromium in some parts of the country. Further exploration of these deposits will be promoted to determine their economic viability,” Aubynn said.
Ghana’s mining sector has consistently been its highest gross foreign exchange earner since 1999.
Currently, it contributes 16 percent of government revenue and 40 percent of total merchandise exports.
The sector also employs over 38,000 people in the large-scale mining and mine support service industry and about 1 million people are engaged in Artisanal and Small Scale Mining (ASM).
In 2013, export revenues from the mineral sector alone amounted to 5.7 billion U.S. dollars.
With the diversification of the mineral production base, the West African country is expected to rake in additional revenue to support its budget. Enditem

Source: Xinhua

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