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Chapter 639 - Chapter 301: Colonial Merger Strategy_2

Of course, nowadays the name "Gold Coast" is quite fitting. How exaggerated are the gold reserves here? Even in later generations, Ghana remains an important gold-exporting country.

Data shows that Ghana's annual gold production can reach over 4 million ounces, which is more than 100 tons of gold.

Although annual gold production fluctuates, such a level of production is enough for Ghana to become Africa's second-largest gold producer after South Africa.

With such massive gold reserves alone, Carlo absolutely won't abandon the Gold Coast. Not to mention the income from cocoa and timber extraction, which ensures the Gold Coast is a colony where revenue far exceeds expenditure.

Given the Gold Coast's abundant gold reserves, why would the United Kingdom be willing to exchange it?

The main reason is that although many gold mines have been discovered in the Gold Coast at this time, their reserves aren't large.

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