for mining companies and communities (Wood, 1999). The historical importance of mining in the economic development of Ghana is considerable and well documented, with the country‟s colonial name Gold Coast, reflecting the importance of the mining sector, particularly, the gold trade to the country (Agbesinyale 2003; Akabzaa 2000).
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Africa's secondlargest gold producer, Ghana, has seen a major drop in gold production. In the third quarter of 2013, Ghana's output of the precious metal declined by 18% as weak prices forced some miners to cut production and costs, the Minerals Commission said, as reported by Bloomberg.
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