Ghana becomes world’s 7th biggest gold producer in 2011
Ghana moved from the eighth place in 2010 to seventh in 2011 globally in terms of gold output, according to latest figures compiled and released April 5, 2012 by the London-based metals-consulting company CRU.
Ghana’s output of gold in 2011 was 102 metric tonnes, up from 92 metric tonnes in 2010, the figures show.
The country was ahead of Canada (101 metric tonnes) , Indonesia (97 metric tonnes) and Mexico (82 metric tonnes).
Ghana and South Africa were the only African countries in the top ten 2011 gold producer list which saw China, Australia and the US taking the first, second and third spot with 380, 272 and 243 metric tonnes of gold output respectively.
World output of the metal in 2011 was 2,789 metric tones as against 2,638, the CRU figures indicated.
The following are CRU’s figures on the gold output
Country 2011 Output 2010 Output
1. China 380 341
2. Australia 272 260
3. U.S. 243 236
4. South Africa 221 209
5. Russia 205 197
6. Peru 156 163
7. Ghana 102 92
8. Canada 101 91
9. Indonesia 97 128
10. Mexico 82 72
World Production 2,789 2,638
By Ekow Quandzie
Just take a look at Obuasi, even the basics roads, highway, water, sanitation, rail and look at Johannesburg, South Africa big difference because a whiteman’s mind is not as dark as Blackman’s mind. Ghana leaders have been collaborators with Western nations, getting loans for projects and politicians siphoning these loans,lining up their pockets, leaving projects incomplete. Ghana rurals where raw materials are derived have poor rail, road access, poor sanitation, lack hydropower.
IGNORANCE, LACK OF VISION, CORRUPT MIND AND CAN’T CARRY MONEY TO YOUR GRAVE BUT LEGACY IS KEY.