Search

Rising Costs Diminish Ghana’s Gold Industry Attractiveness to Investors

  • Production costs in Ghana’s gold industry rose by 7.4% in 2023
  • Higher expenses and lower margins are deterring investment

 

Accra, Ghana – Ghana’s gold production industry is becoming less attractive to investors due to increased production costs and lower margins, new data from the Ghana Chamber of Mines suggests.

You need an active subscription to continue reading this article.

Recent Business

An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
Nigeria’s NNPC profits plunge 60% as output decline bites
Read More »
Abidjan, Côte d'Ivoire. Photo by Yanick Folly @ Unsplash
Investors watch Ivory Coast crucial election amid nationalist push
Read More »
A drone shot of the vast landscape of Accra, Ghana. Photo by Virgyl Sowah @ Unsplash
West Africa Bank raises record €1 billion in landmark 15-year eurobond
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya faces political uncertainty after Raila Odinga’s death
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s opposition weakens as governors, lawmakers flock to ruling party
Read More »
Meknes, Morocco Photo @ Unsplash
Morocco’s Gen Z protests reignite nationwide for reform
Read More »

Latest Posts

Latest news insights