Intensifying Rivalry: The Gold Mining Race Among African Nations

Fierce Competition in Gold Mining Among African Nations

Intensifying Rivalry The Gold Mining Race Among African Nations

A strong competition has been ongoing among African nations since the mid-19th century in gold mining. African countries have been major producers and miners of gold since significant discoveries of the metal during the extensive European colonization of the continent, which lasted for several centuries.

In this article, I will address :

1. Intense Competition Between Ghana, South Africa, and Sudan:
2. Why is Gold Mining Prevalent in Africa:
3. The Negative Effects of Gold Mining:

1.Intense Competition Between Ghana, South Africa, and Sudan:

South Africa held the top position in African gold production for decades. However, Ghana has currently

 

Intensifying Rivalry: The Gold Mining Race Among African Nations

surpassed South Africa due to the decline in gold mining in the latter and the migration of several gold mining companies to Ghana. This migration was facilitated by guarantees, tax incentives, and other benefits provided by Ghana. In 2018, gold production in Ghana reached 158 tons, while it amounted to 119 tons in South Africa and 127 tons in Sudan.

2.Why is Gold Mining Prevalent in Africa:

Africa's high global gold reserves are among the main reasons for the widespread gold mining in the continent. Additionally, factors such as the availability of cheap labor and encouraging wages promote the proliferation of mining companies in the region. Moreover, African countries provide various incentives and guarantees to gold mining companies. Furthermore, pollution resulting from gold mining in the continent is considered insignificant by some and does not face rejection.

Why is Gold Mining Prevalent in Africa

3.The Negative Effects of Gold Mining:

Despite the economic benefits of gold mining, it leads to numerous environmental and health problems. Residents living near gold mining sites suffer from poisoning of their fields with heavy metals, contamination of groundwater, and various diseases and birth defects due to exposure to heavy metals.

More Details : Largest gold mines in Africa as of Q1 2021, by production volume