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Mar 18, 2011· Tarkwa, covering an area of 11,400 ha is the oldest gold surface mine in Ghana, dating back to the early 1980s (Agbesinyale 2003). This concession has been mined by different enterprises, most recently AngloGold Ashanti Corp. and Goldfields Ghana Ltd. Surface mining in the Damang area was developed in 1989.
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The Mining industry of Ghana accounts for 5% of the country''s GDP and minerals make up 37% of total exports, of which gold contributes over 90% of the total mineral exports. Thus, the main focus of Ghana''s mining and minerals development industry remains focused on gold. Ghana is Africa''s largest gold producer, producing 80.5 t in 2008.
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The land is located six minutes drive after the Cape Coast University, Accra campus in east legon hills. The environment is serene and well developed with electricity
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Tarkwa Mine has the distinction of being one of the largest gold mines in South Ghana. Approximately 24 tons of gold is produced annually, and 100 million tons of earth is moved to achieve this production rate. The Iduapriem Gold Mine is also located near Tarkwa, 10 km south of the town.
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