Randgold posts strong performance in 2016

After its record-breaking performance last year, Randgold Resources is strongly positioned to sustain profitable production, and continue delivering value to all stakeholders, well into the future, says chief executive Mark Bristow in the company’s 2016 annual report published yesterday.Bristow notes that ... — Read More

Gov’t to curb ‘galamsey’ with job-creation – Bawumia

Stopping illegal mining, otherwise known as ‘galamsey,’ will not be possible unless there is a conscious effort to ensure inclusive growth, which is why job-creation and education are key on government’s agenda, Vice President Dr. Mahamudu Bawumia, has said.Natural resources, the ... — Read More

Gov’t moves to sanitise small-scale mining sector

Minister of Lands and Natural Resources, John Peter Amewu says government has commenced a multi-lateral mining integrated project to regulate the activities of illegal miners and reduce the impact of destruction to the environment in the country at least within the ... — Read More

Newmont encourage girls to take up engineering

The low numbers of females in science, technology, engineering and math continues to be a challenge and exposing young women to successful role models in the field could be one way of encouraging more women to take up STEM courses in ... — Read More

Gold Fields is best taxpayer last year

Gold Fields Ghana Limited (GFGL) was the nation’s largest corporate taxpayer in 2016, according to the Ghana Revenue Authority (GRA). The GRA recognised Gold Fields at an awards function held a couple of weeks ago.Gold Fields contributed GHS 355m directly through ... — Read More

Gold output to hit 2.8m ounces by year-end

Mr. Kwame Addo-Kufuor, President of the Ghana Chamber of Mines, is optimistic that gold output from producing member-companies will increase by some 400,000 ounces this year.He told the B&FT that gold output is expected to increase from 2.4 million ounces recorded ... — Read More

AngloGold pays dividend first time in 3 years

After more than three years of non-payment of dividends to its shareholders, mining giant AngloGold Ashanti is to resume payments after lower operating and interest costs helped it nearly double it cash flow.At the end of December 2016, AngloGold’s cash flow ... — Read More

New mining activities boost gold production

Expansion projects in the mining sector pushed the country’s gold production to 2,931,131 million ounces in the first nine months of last year, official data from the Minerals Commission has shown.Quite significantly, active gold miners operating in the country, including Gold ... — Read More

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