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15.05.2019 Business & Finance

Gold production: Ghana overtakes South Africa

Gold production: Ghana overtakes South Africa
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Ghana's gold industry has been repeatedly criticized for environmental crime in the past.

Ghana has risen to become the largest gold supplier in Africa, according to current market information. Last year, the country is said to have exported 158 tons of gold.

Ghana rose last year to become the largest gold producer on the African continent. This was reported by Ghana News Agency, which relies on information from the World Bank.

Ghana is said to have exported 158 tons of gold last year, 15 percent more than the year before. Mines in South Africa delivered only 139.3 tons of gold in 2018. As reported on ''Goldreporter.de'' in Germany., the gold production of what used to be the largest gold producing country was down for the last 18 months in succession.

Ghana's gold industry has been repeatedly criticized in the past for its environmental offenses. The Ghana Forest Investment Program and other financing projects for nature conservation and agriculture promotion are currently working on these issues.

Ghana's gold industry has been repeatedly criticized in the past for its environmental offenses. The Ghana Forest Investment Program and other financing projects for nature conservation and agriculture promotion are currently working on these issues.

However, the problem for the cartel is that, in Ghana the Chinese are stuck and using the beautiful gold for printing paper and printing migrates to China, bypassing the "COMEX", the primary futures and options market, a division of the New York Mercantile Exchange for trading metals such as gold, silver, copper and aluminum.

That's what happens when you're not careful. Now the Chinese have the gold and dominate the Bitcoin.

Francis Tawiah (Duisburg-Germany)

Francis Tawiah
Francis Tawiah, © 2019

The author has 669 publications published on Modern Ghana. Column Page: FrancisTawiah

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