Pinecrest Resources Ltd.


Ghana - Africa's Second Largest Gold Producer

Gold has been continuously mined in Ghana for centuries and more recent times when it was known as the Gold Coast. Enjoying several years of continuous production, Ghana's largest underground mine, AngloGold Ashanti's Obuasi, has recorded significant production of gold over many many years of operation. Over the last few decades, several exploration, development and producing companies including Newmont, Kinross, Goldfields, Golden Star, and Perseus, and Asanko have committed significant resources to exploration and operations in the country. Ghana has one of the lowest sovereign risk ratings and has decades of continuous effective democratic rule. Ghana is one of the most developed and affluent countries in Africa, with a well-developed Mining Code and a population with technical skills to support modern mining.

Ghana is Africa's second-biggest gold producer, and is the 10th largest gold producer in the World.

Ghana is a mining friendly country and in 2015 ranks 6th in Africa on the World Bank's Ease of Doing Business barometer. Other features are two mining colleges and a large workforce trained in the disciplines of geology, exploration methods and mining engineering.

Ghana is politically stable with a parliamentary system and President, elections held every 4 years. It also recognizes traditional area "chief based" inputs in various high level and local governmental bodies. Ghana is a model modern developing country with strong economic ties around the world, especially within Europe, North America and China. Ghana is one of the world's largest cocoa producers and is potentially emerging as another energy producing nation from offshore fields.

* images source http://911metallurgist.com/30-Ghana-Gold-Facts/