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Ghana ranked 6th in world, 1st in Africa with largest gold deposits

Thu, Nov 6 2025 9:20 AM
in Business, Ghana General News
ghana ranked 6th in world 1st in africa with largest gold deposits
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Ghana ranked 6th in world, 1st in Africa with largest gold deposits

Ghana is ranked 6th in the world with the largest gold deposits in the world, the World Gold Council’s 2025 Gold Demand Trends report has disclosed.

The nation is also ranked 1st in Africa with gold deposits of 140.6 tonnes.

The report pointed out that Ghana is Africa’s top gold producer, thanks to the country’s investment and improved artisanal mining regulation.

According to the Ghana Chamber of Mines, gold represents about 40% of total export earnings, driving much of Ghana’s economic stability.

Globally, China (380.2 tonnes) tops the list of the largest gold-producing countries in the world.

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According to the World Gold Council’s 2025 Gold Demand Trends, China produces about 10% of the global gold.

The mining sector is led by state-owned giants, China National Gold Group and Shandong Gold.

Russia came second with total gold deposits of 330 tonnes.

The report said Russia’s vast gold reserves are concentrated in Siberia and Far East.

In 3rd, 4th and 5th positions are Australia (284 tonnes), Canada (202.1 tonnes) and United States of America (158.0 tonnes).

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