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Zijin Gold, a Year After Entering Ghana, Reports $635 Million in Local Investment

Zijin Gold, a Year After Entering Ghana, Reports $635 Million in Local Investment
Tuesday, 14 April 2026 10:59
  • Zijin Gold invests over $635 million in Ghana since 2025
  • Acquired Akyem mine, produced 5.1 tonnes of gold
  • Ghana raises royalties as Zijin targets higher 2026 output

Zijin Gold says it has invested more than 7 billion cedis, roughly $635.5 million, in Ghana's economy since entering the country's gold sector in 2025. The Chinese mining group said on Monday, April 13, that the figure includes payments to the state as well as investments benefiting local communities.

Zijin Gold entered Ghana in April 2025, when it completed the acquisition of the Akyem gold mine from Newmont Corp for about $1 billion. Twelve months later, after producing 5.1 tonnes of gold at the site, the group detailed its economic contribution through tax payments, purchases from local suppliers, wages and investments in education, health and agriculture.

The figures highlight the role of gold producers across key segments of Ghana's economy. Gold is the country's top export, ahead of cocoa and oil. Alongside Zijin Gold, Ghana is home to other major players including AngloGold Ashanti, Perseus Mining and South Africa's Gold Fields.

Zijin's investment trajectory will be closely watched in 2026. The company is targeting production of 8.5 tonnes of gold, while Accra is seeking to capture a larger share of mining revenues through fiscal reforms. The government has introduced a new royalty scale that could push levies on gold as high as 12%, up from a previous cap of 5%. Zijin is also preparing to expand its presence through the acquisition of Chinese firm Chifeng Jilong Gold and the extension of its Wassa mine.

Aurel Sèdjro Houenou

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