In Africa, there are many countries that have gold. The most gold-rich countries in Africa are Ghana, Mali, Burkina Faso, Tanzania, and Ethiopia. These five countries have the highest gold reserves in Africa.
Where is the Biggest Gold Mine in Africa?
The biggest gold mine in Africa is the Obuasi Gold Mine in Ghana. The Obuasi Gold Mine is located in the city of Obuasi, which is about 80 miles from Ghana’s capital, Accra. The Obuasi Gold Mine has been in operation for over a century, and it is currently owned by AngloGold Ashanti, a South African gold mining company.
What are the Top 5 Countries That Produce Gold?
The top 5 countries that produce the most gold are China, Australia, Russia, United States, and Peru. These countries make up for over half of the world’s gold production each year. China is the leading gold-producing country in the world, with an annual output of around 450 tonnes.
This is more than double that of Australia, which is in second place with around 200 tonnes per year. Russia comes in third with just over 190 tonnes annually. The United States used to be one of the top producers of gold in the world, but its output has declined significantly in recent years.
It now ranks fourth with around 100 tonnes per year. Peru rounds out the top five with approximately 150 tonnes annually.
Which Part of Africa Has Gold?
Gold is found all over Africa, but certain parts of the continent are richer in deposits than others. West Africa is home to some of the largest gold mines in the world, including sites in Ghana, Mali, and Burkina Faso. South Africa also has a long history of gold mining, and today it is estimated that about 40% of the world’s gold comes from this region.
Other notable gold-producing areas include Egypt, Ethiopia, Tanzania, and Zimbabwe.
Top Gold Producing Countries in the World
According to the World Gold Council, China is the largest producer of gold in the world. In 2019, they produced an estimated 420 metric tons of the stuff. That’s almost double what Australia mined in the same year (276 MT) and more than three times what Russia dug up (132 MT).
In second place is Australia. The Land Down Under has been a major gold producer for centuries, and it shows no signs of slowing down. In fact, Australian gold mines are some of the deepest in the world.
The top two countries are followed by Russia, which produced 132 metric tons in 2019, and then by Canada with 111 metric tons. Rounding out the top 10 are Peru (106 MT), South Africa (103 MT), United States (92 MT), Indonesia (78 MT), Mexico (67 MT), and Ghana (66 MT).
Top Gold Producing Countries in Africa 2022
Gold is one of the most precious metals in the world. It has been used as a form of currency, jewelry, and other decorative items for centuries. Today, gold is still highly sought-after and continues to be a popular investment choice.
While gold can be found in many parts of the world, Africa is home to some of the largest gold-producing countries. In fact, Africa accounts for about 15% of the world’s total gold production. Here are the top five gold-producing countries in Africa, according to estimates from The World Bank:
1. Ghana – 100 tons Ghana is Africa’s largest gold producer. The country produced an estimated 100 tons of gold in 2020, up from 97 tons in 2019.
Ghana’s large reserves and high grades make it one of the continent’s most attractive mining destinations. Gold mining plays a significant role in Ghana’s economy, accounting for 5% of GDP and 25% of exports in 2019. The country also ranks first in Africa when it comes to employment generated by the gold sector (about 1 million jobs).
2. South Africa – 87 tons South Africa is the second-largest producer of gold on the African continent (and fifth globally). The country produced 87 tons of Goldin 2020, down slightly from 88tonsin2019 duetolowergradesand reduced output at some mines due to Covid-19 restrictions.
Gold has been mined in South Africa for over 150 years and played an important role in buildingthe nation’s economy (particularly during apartheid). Today, though, its importance has diminished somewhat as other minerals (such as platinum) have become more valuable export commodities . Nevertheless ,goldminingstillcontributes significantlyto South Africas GDP(around 2%), employment(over half a million people),and export earnings(15%).
3 Tanzania – 50tons Tanzania is third on our list of top African gold producers .The East African nationproducedanestimated50 metric tonsofgoldin2020 , which is unchanged formats outputin2019 .Tanzania ‘ sprimarygoldminesare located in the Lake Victoria region where several large – scale foreign – owned operations are currently underway . These include Barrick ‘ s North Mara mine , Acacia ‘ s Bulyanhulu mine , AngloGold Ashanti ‘ s Geita operation , and Resolute Mining ‘ s Syama complex . Gold exports are Tanzania ‘ sleadingforeign exchange earner , accounting for around 60 %of total shipments outworthed country last year . 4 Mali – 45tons Mali moveduponepositionon this year ‘stoproducer list compared last year , producing45metrictonsofgoldin2020 versus 42tonsin2019 .Mali is slightly ahead of Burkina Faso astheworld ‘ stenthlargestproducer withmostofits mines located in the northwest part of the country near the Senegal border . Large – scale commercial operationsincludeB2GOLD Corps Fekola Mine and Randgold Resources’ Loulo Complex while there are also numerous smaller artisanal mining sites scattered across Mali . techcrams.com
