Who we are
We are Royal Gold Ashanti
Founded in 2007, Royal Gold Ashanti Ltd. is a fully indigenous, large-scale gold mining company headquartered in Accra, Ghana. With six fully operational gold mining sites across key mineral-rich regions in Africa, the company has rapidly emerged as a formidable force within the continent’s mining sector. Royal Gold Ashanti is registered and regulated by the Registrar General’s Department of Ghana, operating under full legal compliance with the Minerals Commission, the Environmental Protection Agency (EPA), and other key regulatory bodies across its jurisdictions.
The company was established by renowned Ghanaian mining magnate Sam E. Jonah, in collaboration with a close circle of trusted colleagues, including the late Prof. John Evans Atta Mills, former President of the Republic of Ghana. Rooted in a shared commitment to ethical mining, sustainable development, and economic transformation, Royal Gold Ashanti was conceived as both a business venture and a national legacy project.
Since its inception, Royal Gold Ashanti has made significant contributions to economic development, employment generation, and community empowerment in the regions where it operates. With over 3,000 direct and indirect employees, the company combines world-class mining technologies with local knowledge and expertise, ensuring not only operational efficiency but also inclusive growth.
Operating responsibly with integrity and innovation
- Gold Trade Investment
- Mining Operations
- Secure Gold Export
- Stone Crusher
- Gold Transshipment
Legal Registration & Incorporation
Royal Gold Ashanti Ltd. was officially incorporated in the Republic of Ghana in 2007 as a private limited liability company under the Companies Act. The company is fully registered with the Registrar General’s Department of Ghana and licensed by the Minerals Commission as a large-scale mining operator. Since its formation, Royal Gold Ashanti has operated in strict compliance with Ghana’s mining and environmental legislation, including:
- The Companies Act, 2019 (Act 992)
- The Minerals and Mining Act, 2006 (Act 703)
- Environmental Protection Agency (EPA) Act, 1994 (Act 490)
- Other applicable local and international standards
Company Name Origin & Significance
The company has obtained all necessary Environmental Impact Assessments (EIAs), Land Use Permits, Reclamation Guarantees, and Community Engagement Protocols, allowing it to operate six fully legal, large-scale gold mining concessions across the African continent.
- Company Name: Royal Gold Ashanti Ltd.
- Type Private Limited Liability Company
- Year of Incorporation: 2007
- Country of Registration: Ghana
- Licensing Authority: Minerals Commission of Ghana
- Permit Type: Large-Scale Mining License
- Headquarters: Accra, Ghana
Official Corporate Information
The name “Royal Gold Ashanti” was purposefully chosen to reflect the company’s rich cultural heritage, geographic identity, and core business focus.
- “Royal” signifies the company’s proud roots in the Ashanti Kingdom, historically known for its wealth in gold and its well-structured monarchy, values of leadership, unity, and honor.
- “Gold” directly reflects the primary commodity produced by the company. It is a declaration of purpose, specialization, and long-term value generation through precious metals.
- “Ashanti” pays tribute to Ghana’s most prominent gold-producing region — the Ashanti Region — which has played a central role in West Africa’s precolonial and modern gold economy.
Together, the name represents not only a business entity but a symbol of cultural pride, economic potential, and generational legacy. Royal Gold Ashanti is more than a mining company — it is a custodian of Africa’s natural wealth and a builder of its future.
Our history
Milestones Since 2007
Since its establishment, Royal Gold Ashanti has achieved several operational, strategic, and developmental milestones. The following timeline captures the company’s key achievements and growth trajectory:
Inception & Registration
- Company founded by Sam E. Jonah and a visionary group of partners including H.E. Prof. John Evans Atta Mills (late).
- Officially registered with the Registrar General’s Department of Ghana.
- Applied for and received its first two large-scale mining licenses.
First Site Acquisition & Exploration
- Acquired two gold-rich concessions in Western Ghana and began geological mapping.
- Partnered with international geotechnical consultants to conduct feasibility studies.
- Conducted stakeholder engagement with local communities.
Operational Launch
- Commenced full-scale mining operations at the Bogoso Gold Project.
- Completed construction of core processing infrastructure and tailings dam.
- Employed over 300 local workers within the first 12 months.
Expansion into Other African Regions
- Secured additional mining concessions in Burkina Faso and Mali.
- Opened two new sites, increasing total active sites to four (4).
- Began exporting refined gold through licensed Ghanaian export channels.
Environmental & Social Milestones
- Implemented first company-wide Environmental Management Plan (EMP).
- Launched Community Gold Development Program (CGDP) supporting schools and healthcare centers in two mining zones.
- ISO-compliant Health & Safety systems established.
Covid-19 Resilience & Business Continuity
- Adopted strong pandemic protocols while maintaining zero mine closures.
- Deployed digital operations monitoring tools across all six sites.
- Expanded workforce medical coverage to include COVID-19 care
Production Scaling
- Annual gold production surpassed 7 metric tonnes.
- Formed first international export partnership with refineries in Dubai and South Africa.
- Introduced proprietary ore recovery enhancement techniques.
Governance & Strategic Positioning
- Created a formal Board of Directors including independent advisory members.
- Initiated ESG reporting in line with international frameworks.
- Signed MOU with two universities to offer mining scholarships and internships.
Community Impact & Sustainability
- Invested over GHS 10 million in community infrastructure projects.
- Introduced Women in Mining Program empowering 500+ women across operating zones.
- Commissioned a solar hybrid power system at its second-largest site.
Regional Leadership & Technological Advancements
- Ranked among the top 5 gold producers in West Africa.
- Launched internal R&D unit focused on eco-friendly mining innovation.
- Achieved milestone of 1.5 million ounces in gold reserves.