FACTBOX-Gold mining operations in Ghana

November 19th, 2009 | by admin |

ACCRA, Nov 18 (Reuters) - Ghana plans to double minimumroyalty rates on mining activities to 6 percent and engage thesector on dividends, exemptions and the fiscal regime, thecountry’s finance minister said on Wednesday.

Click here for full coverage: [ID:LI126088]

Below is a list of major gold mine operations in thecountry, Africa’s No. 2 producer behind South Africa:

AngloGold Ashanti (ANGJ.J )

Iduapriem, open pit mine - 200,000 ounces produced in 2008

Obuasi, underground mine - 357,000 ounces produced in 2008

Newmont (NEM.N )

Ahafo - Expecting 500,000-525,000 ounces sold in 2009

Akyem - undergoing feasibility study

Gold Fields Ghana Ltd (GFIJ.J )

Tarkwa - 612,000 ounces gold produced in fiscal 2009

Damang - 200,000 ounces gold produced in fiscal 2009

Golden Star Resources (GSC.TO )

Bogoso/Prestea - Expecting 200,000 ounces produced in 2009

Wassa - Expecting 200,000 ounces produced in 2009(Reporting by Kwasi Kpodo and Richard Valdmanis)

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