Demonstration dataListings, lots and offers shown are samplesAbout sample data
Reference specimen · Didier Descouens, CC BY-SA 4.0
Precious
Top-10 #10Sample dataGold is the most liquid commodity on the list and Africa's largest mineral export by value. The top producers are Ghana (Africa's #1, about 6 Moz in 2025), Mali, South Africa, Burkina Faso, Sudan, Tanzania and Zimbabwe. Supply splits into large-scale mines selling doré to accredited refiners, and artisanal and small-scale mining (ASM), which employs millions and is the channel most exposed to smuggling, conflict financing and money laundering. It is traded under the strictest due-diligence regime of any mineral.
Controlled supply
This mineral is subject to conflict minerals (3tg) due diligence, gold controls. Offers are published only after ARAM has reviewed the supporting documents, and some details are visible to verified companies only.
Verified, gold-enabled companies only
Volumes, origins and terms are shown to verified companies. Availability for everyone else: Spot — verified buyers only. Verify your company or submit a request.
Gold doré
Unit: oz · HS 7108.12
unrefined bars from mine sites, typically 70–95% Au + Ag; sold to refiners on assay
LBMA Good Delivery bars
Unit: oz · HS 7108.13
≥99.5% (995) fineness, 350–430 oz (~11–13 kg), from LBMA-accredited refiners only
Kilobars and small bars
Unit: oz · HS 7108.20
999.9 (four nines)
Artisanal gold
Unit: oz
sold through state channels (e.g. Ghana GoldBod, Burkina SONASP, Zimbabwe Fidelity Gold Refinery)
ARAM sourcing assessment
Highest liquidity and highest risk. Listed from launch per your decision, with platform gates: verified-buyer access only, supplier KYC/UBO, mine-of-origin and export-licence documents, OECD red-flag screening, LBMA-accredited refinery named on every offer. Listing status: Spot (verified buyers only).
Ghana
Ahafo/Akyem (Newmont), Tarkwa (Gold Fields), Obuasi (AngloGold Ashanti), Damang, Chirano; GoldBod (ASM)
Mali
Loulo-Gounkoto (Barrick — 2025 dispute and state administration), Sadiola, Syama, Fekola
South Africa
deep underground mines (Harmony, Sibanye, Pan African)
Burkina Faso
Essakane, Houndé; state nationalisations 2024–25
Tanzania
Geita, North Mara, Bulyanhulu
Zimbabwe
Fidelity Gold Refinery (ASM), Caledonia (Blanket)
USGS Mineral Commodity Summaries 2026 — African rows of the world production & reserves table
World Mine Production and Reserves: Reserves for Australia, Brazil, China, Peru, and “Other countries” were Ghana 149 150 1,000 South Africa 90 90 5,000 World total (rounded) 3,280 3,300 66,000
| Year | Country | HS | Value | Net weight |
|---|---|---|---|---|
| 2024 | Ghana | 7108 | $11.36bn | 177 t |
| 2024 | South Africa | 7108 | $8.17bn | — |
| 2023 | Ghana | 7108 | $7.62bn | 161 t |
| 2023 | South Africa | 7108 | $6.29bn | — |
| 2024 | Burkina Faso | 7108 | $4.64bn | 65 t |
| 2023 | Burkina Faso | 7108 | $3.51bn | 57 t |
| 2024 | Tanzania | 7108 | $3.42bn | — |
| 2023 | Mali | 7108 | $3.07bn | 65 t |
| 2023 | Tanzania | 7108 | $3.06bn | — |
| 2024 | Zimbabwe | 7108 | $2.52bn | 34 t |
| 2023 | Zimbabwe | 7108 | $1.81bn | — |
Mirror data fills gaps where exporters report late or incompletely.
| Year | Buyer | Origin | HS | Value | Net weight |
|---|---|---|---|---|---|
| 2023 | China | South Africa | 7108 | $10.09bn | 167 t |
| 2024 | China | South Africa | 7108 | $9.03bn | 124 t |
| 2024 | India | South Africa | 7108 | $6.35bn | 83 t |
| 2023 | UAE | Mali | 7108 | $4.83bn | 77 t |
| 2023 | India | South Africa | 7108 | $4.82bn | 77 t |
| 2024 | Switzerland | Ghana | 7108 | $4.11bn | 62 t |
| 2023 | Switzerland | South Africa | 7108 | $3.75bn | 60 t |
| 2023 | Switzerland | Ghana | 7108 | $3.33bn | 62 t |
| 2023 | UAE | Ghana | 7108 | $3.21bn | 53 t |
| 2024 | Switzerland | Burkina Faso | 7108 | $3.12bn | 50 t |
| 2023 | Switzerland | Burkina Faso | 7108 | $2.98bn | 57 t |
| 2024 | Switzerland | South Africa | 7108 | $2.75bn | 37 t |
Source: UN Comtrade (public data). Values in US$.
Minerals trade on formula prices: a published benchmark × metal content × payable percentage, less treatment charges and impurity penalties, settled on independent assay. Payment is typically by documentary letter of credit, with 90–95% provisional payment against shipping documents and the balance on final assay.
Request terms for GoldGhana
State marketing channel
GoldBod is the sole buyer/exporter of ASM gold (2025); reported requirement for large miners to sell 30% domestically from July 2026
Authority: GoldBodReported — verify before relying on itSource
Cross-border
No special restriction
Mali, Burkina Faso, Niger: new mining codes, higher state shares, nationalisations; refinery-building mandates
Primary source
South Africa
Permit / licence
SADPMR precious-metals export permits
Authority: SADPMRPrimary source
Cross-border
Export ban
Exports require licence, royalty payment, central-bank documentation
Primary source
Ghana: Ghana Gold Board (GoldBod, 2025) is the sole buyer/assayer/exporter for artisanal & small-scale gold; 2025 output ~5.94 Moz (+23%), exports ~US$20bn; reported requirement from July 2026 for large miners to sell 30% of output domestically. Burkina Faso formalising via state channels (SONASP); Mali suspended some ASM permits for foreign firms; Guinea pushing local refining.
Source 1 · theheraldghana.comSource 2 · mjengohub.co.keSource 3 · exportfocusafrica.comSource 4 · goldbarsuppliers.com
Doré is sold to accredited refiners on assay (fire assay) — payable Au/Ag less refining charges; refined output must meet LBMA Good Delivery (≥995 fineness, 350–430 oz bars) or kilobars (999.9). Refiners must follow LBMA Responsible Gold Guidance / OECD Annex II red-flag due diligence.
Research compiled September 2026 from USGS, UN Comtrade, producer and regulator publications. Facts marked “reported” come from secondary sources and should be confirmed before contracting.
On the ground · Gold
The mines and districts that define supply, with their operators. They are shown for geographic context: third-party operations, not ARAM sites, and not the source of any particular lot. Ownership and status as publicly reported in 2026.
Producing mineGhana
Operated by Gold Fields
A large open-pit gold operation in Ghana's Western Region, in a district mined for over a century.
Photo: Mozhgon Rajaee, Samuel Obiri, Allyson Green, Rachel Long, Samuel J. Cobbina, Vin · CC BY 4.0
Mining districtSouth Africa
Operated by Harmony, Sibanye-Stillwater and others
The basin that has produced more gold than anywhere on earth; today's mines are among the deepest in the world.
Photo: Nolween · CC BY-SA 3.0
Producing mineTanzania
Operated by AngloGold Ashanti
Tanzania's largest gold mine, near Lake Victoria.
Photo: Gordon Greenall · CC BY-SA 2.0Ghana
No freely licensed photograph
Ghana
Operated by AngloGold Ashanti
One of the world's richest historic gold mines, in Ghana's Ashanti Region, redeveloped as a mechanised underground mine.
Didier Descouens, CC BY-SA 4.0
James St. John, CC BY 2.0
James St. John, CC BY 2.0
Mariordo (Mario Roberto Durán Ortiz), CC BY-SA 4.0
Alchemist-hp (talk) www.pse-mendelejew.de, CC BY-SA 3.0 de
James St. John, CC BY 2.0
Reference specimens of the ore minerals and products, from public collections. They illustrate the material, not a specific ARAM lot or source.
#08Precious
The platinum-group metals are platinum, palladium, rhodium, ruthenium, iridium and osmium. They are used in autocatalysts, hydrogen electrolysers and fuel cells, glass, electronics, chemicals, jewellery and investment. South Africa's Bushveld Complex holds most of the world's PGM reserves and produces about 70% of its platinum and more than 80% of its rhodium. Zimbabwe's Great Dyke is the #3 platinum source. The industry is dominated by a few integrated miners that smelt and refine in South Africa.
Precious
Africa produces most of the world's rough diamonds by value. Botswana is the #1 producer by value, and Angola, the DRC (#1 by volume, mostly industrial quality), South Africa, Namibia (marine diamonds), Zimbabwe, Sierra Leone and Lesotho (Letšeng, very high value per carat) follow. Rough trade is regulated by the Kimberley Process. Since 2022 the market has been in a deep downturn from lab-grown competition: De Beers' rough sales fell from US$5.67bn in 2022 to US$1.95bn in 2024.