Ghana Is 7th Best Gold Producing Nation Globally

Ghana is ranked seventh in the world�s 10 biggest gold-producing countries based on 2011 output. According to the London-based metals-consulting company, CRU, Ghana is doing better than Canada (8th), Indonesia (9th) and Mexico (10th), but came below South Africa, which came fourth on the log. China came first followed by Australia, US, South Africa, Russia and Peru in that order. Ghana, formerly known as the Gold Coast, produced 102 metric tons of gold in 2011 as against 92 metric tons in 2010. According to the CRU, the world�s production for the year under review was 2,789 metric tons as compared to 2,638 the previous year.