Gold Output To Exceed 5m Ounces In 2025 – Chamber Of Mines

Ahmed Dasana Nantogmah

 

The Ghana Chamber of Mines has projected that the country’s gold production will hit over 5 million ounces, by the end of 2025.

The outlook follows a strong recovery in 2023, when the country reclaimed its position as Africa’s top gold producer.

Domestic output rose by 32% to 3.7 million ounces, up from 2.8 million ounces in 2021.

Acting CEO of the Chamber, Ahmed Dasana Nantogmah, speaking on the sidelines of the 2025 West African Mining and Power Expo in Accra, said the Chamber fully supports strategic initiatives aimed at boosting foreign exchange earnings—including the government’s Goldbod initiative to enhance macroeconomic stability.

“In terms of function, whatever they said Goldbod will do looks good on paper and we as a chamber even has a representation on the board so we hope to work with them to make mining more sustainable. Because a lot of gold comes from the small scale mining sector about 40 percent and it will shore up our foreign exchange earnings,” he said.

“For projections we are looking at in excess of 5 million ounces in 2025” he added.

A Business Desk Report