History of gold mining in large quantities in Ghana began in the 15th Century when Portuguese traders encountered gold in the country’s soil along the coast.
“At the seminar, which was organised to draw investors’ attention to what is described as Third Gold Boom, Ghanaians were told that their country could win as much as 2.7 million ounces of gold a year – with 12 mines in operation.
What does the miracle gold discovery mean to the Ghanaian and the world?
Man dey but no loo.
In the above and many other ways, Ghanaians celebrated the miracle gold discovery.
Participants and observers, most of them economic and business experts, observed that Ghana could become an economic miracle with proper management and supervision.” Has mining of the miracle gold discovered in the country’s soil in 1981 been properly managed and supervised?
What is known as galamsey mining has also polluted some water bodies – rivers and a lagoon – in Cote d’Ivoire.
Dr Kwesi Aning, a security analyst, commenting on galamsey mining in Ghana and water pollution in Cote d’Ivoire, has said: “So, polluted rivers in Ghana flowing across the boundaries into Cote d’Ivoire and polluting their rivers and underground source of water threatening livelihood – could worsen the tensions that are already in existence”.
Mining contributes a rate of 5 per cent a year to the economy.
In a few decades, there would be no good land for farming and the country would have to import water.