Golden Star Resources Ltd has said it has entered into an agreement with Future Global Resources for the sale of its 90percent interest in the Bogoso-Prestea Gold Mine. The agreement stipulates that an initial purchase price of $55 million shall be paid with a further contingent component of up to...
Over 200 illegal miners, popularly known as galamsey, have taken over the concession of the Ghana Rubber Estate Limited (GREL) at Apemanin in the Ahanta West Municipality in the Western Region. The area forcibly taken over by these illegal miners is part of GREL concession which was planted with rubber...
With more than 30% of the world’s mineral reserve, mining on the African continent dates back to the 15th century – currently, mining industries in Africa produce more than 60 different metals: copper, diamond, gold, gemstones, platinum, aluminium, bauxite, manganese, coal, iron ore, nickel, lead and zinc are a...
An acrimonious relationship between mining companies and members of host communities, especially farmers over compensation for acquisition of land for mining purposes is a common feature in the country. The absence of a clearly defined legislation covering compensation for the acquisition of land for mining has created a vacuum for...
Environmental activists have sued government to stop a proposed mining project in a protected national forest, which they say endangers their health and well-being, amid growing calls to increase nature reserves to combat climate change. The proposed mine in the Atewa Range Forest is part of a $2 billion deal...
Residents of Nkoranza North and South in the Bono East Region have reaffirmed their affection for agricultural activities as opposed potential gold mining, and drilling of oil and gas in the area, indicating that farming is more sustainable. For over a decade, there have been many attempts by mining companies...
Seven Civil Society Organisations (CSOs) and four private citizens, have jointly sued the government over the exploration and drilling of deep wells in the Atewa Forest Reserve. The seven CSOs include A Rocha Ghana, Flower Ghana, Concern Citizens of Atewa Landscape, Ghana Youth Environmental Movement, Ecocare Ghana, Kasa Initiative Ghana...
Artisanal and small-scale mining (ASM) is largely an informal sector activity, with limited access to information on responsible mining practices and sustainable production. Most small-scale mining operations in Ghana are in remote areas, which makes deployment of interventions to improve the sector challenging. This is because existing intervention models are...
The Anglogold Ashanti Obuasi Mine has supported education supervisors in the Obuasi Municipality and Obuasi East district of the Ashanti Region with eight motorbikes, as part of efforts to contribute toward the improvement of local education. At the motorbikes’ presentation, the Managing Director of Anglogold Ashanti Obuasi Mine, Mr. Eric...
Ghana was called the Gold Coast prior to independence because of its rich deposits of gold and other minerals. Till date those rich natural resources deposits in gold, bauxite and other minerals are present and in 2019, the World Bank reported that gold was included in Ghana’s top three...