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Rising Costs Diminish Ghana’s Gold Industry Attractiveness to Investors

Emmanuel Bruce

Emmanuel Bruce is a business and financial journalist based in Ghana.
  • 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.

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