Ghana has emerged as the leading African nation with the largest gold deposits, securing the sixth position globally.
The 2025 Gold Demand Trends report solidifies Ghana’s position as Africa’s leader in the rich mineral resources and firms up its growing influence in the global gold industry.
The report further reveals that Ghana is the only African country to feature among the top 10 gold producers worldwide. The feat has been attributed to the country’s robust mining sector and strategic investments in gold exploration and production, particularly artisanal mining.
At the top of the world rankings is China, which produced approximately 380.2 tonnes of gold, accounting for at least 10% of the world’s total gold output. Russia follows closely with 330 tonnes, while Australia, Canada, and the United States occupy the third, fourth, and fifth spots with 284.0 tonnes, 202.1 tonnes and 158.0 tonnes respectively.
Ghana recently established a Gold Board which is responsible for increasing the country’s gold reserves, combating illegal gold trading, and integrating artisanal and small-scale miners (ASM) into the formal sector.
Its key contributions include record-breaking small-scale gold exports worth approximately $6 billion between January and August 2025.
This represents 66.7 tonnes of exports, surpassing the entire 2024 output of 63 tonnes valued at $4.6 billion.