Ghana Sees $12 Billion a Year From Small-Scale Gold Mining

Ghana expects to rake in $12 billion a year from small-scale gold production if output doubles as planned.

Gold exports from the country have surged as international prices have soared, and much of that expansion is down to small-mine and artisanal production. The government this year set up a regulator to handle all gold buying and selling, hoping to boost foreign-currency reserves and curb black-market trading.