Ghana to reclassfy lands for mining purposes - President Mahama

President John Mahama has stated that plans are underway to reclassify mining in the country in order to safeguard the country’s lands and prevent it from further damage.According to President Mahama, it is time the country takes steps to reclassify mining ... — Read More

Gold output to dip by 17 percent

Minerals Commission anticipate a dip in gold output by 17 percent this year after declining prices prompted some mines to cut production.Benjamin Aryee, Chief Executive Officer of the Minerals Commission, told B&FT in an interview that data collected from some six ... — Read More

Gold Fields remains largest taxpayer in Club 100

For the fourth consecutive year Gold Fields Ghana has been announced as the leading taxpayer in the country, paying over US$250million in corporate taxes, dividends and royalties to government last year. The company, which operates the Tarkwa and Damang mines in the ... — Read More

Akyem mine expects 350,000 ounces in five years

 Newmont Ghana says gold production outlook from its Akyem Mine is expected to reach approximately 350,000 ounces in the next five years.Akyem Mine, with an estimated 7.4 million equity ounces of gold reserves located in the Birim North District of the ... — Read More

Gold Fields shedding 600 jobs

About 600 staff of Gold Fields Ghana’s Tarkwa and Damang mines are to be laid off by next month as the mining firm battles rising costs and falling prices.Alfred Baku, Senior Vice-President and Head of the West Africa Region, told B&FT ... — Read More

Mineworkers want 20% of gold processed

Mineworkers, who are threatened with job losses after the industry entered the doldrums in 2013, want legislation to require at least 20 percent of Ghana’s gold to be processed in-country to brighten the industry’s prospects. Prince William Ankrah, General Secretary of the ... — Read More

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