Ghana's gold production increased by 23.41 percent in 2025. The nation produced 5.94 million ounces of gold. This is up from 4.82 million ounces in 2024. The Ghana Chamber of Mines reported these figures.
The significant rise in gold output was mainly due to the small-scale gold sector. Michael Edem Akafia, the chamber's outgoing president, presented the 2025 annual report. He stated that small-scale gold production grew by 63.82 percent. This sector mined 3.11 million ounces in 2025. In 2024, it produced 1.9 million ounces.
This performance marks a historic shift in Ghana's mining landscape. Small-scale mining now accounts for 52.4 percent of national gold output. This is the first time since before 1925 that it has overtaken large-scale producers. Gold is a vital commodity for Ghana's economy. It represents one of the country's largest export earners. The performance in 2025 is a positive sign for the nation's foreign exchange reserves and fiscal stability.
Mr. Akafia also projected future production levels. He forecast that output for 2026 would reach at least six million ounces. This optimism stems from ongoing investments flowing into the gold sector. Ghana's commitment to developing its mining industry continues to yield strong results.
The increased production, especially from the small-scale sector, has significant economic implications. It suggests greater economic empowerment for individuals and communities involved in artisanal and small-scale mining. However, it also raises important questions about regulation, environmental sustainability, and revenue collection from this sub-sector. Ensuring responsible mining practices will be crucial as output grows. The government will need to monitor this trend closely to maximize benefits for the nation.