Gold Mining Attraction In Ghana

MINERALS AND MINING POLICY OF GHANA. In 1961, the Ghana State Gold Mining Corporation acquired the assets of five mines (Prestea, Tarkwa, Dunkwa, Bibiani and Konongo [Gold Coast main Reef]) from the British companies who offered to sell the mines because of rising production costs, low gold price which had remained fixed at US35 oz as part of the gold standard since 1934, among others.