Chief Executive Officer of the Minerals Commission, Martin Kwaku Ayisi, has said that due process was followed in the procedures which led to granting a mining licence for Electrochem Ghana Limited to operate the Ada Songor concession in the Greater Accra Region.He said the application went to Parliament for...
The Minerals Income Investment Fund (MIIF) has been named the Best Financial Institution in Mining in Ghana by the French-based business publication, Forbes Monaco. The award is given to financial institutions that specifically concentrate on providing financial platforms and funding solutions to the mining sector.Forbes took cognisance of MIIF’s...
Deputy Finance Minister, John Ampontuah Kumah, has reiterated government’s strategy to pursue the agenda of increasing its stake in some of the mining and oil and gas companies.He made this known during the launch of the 2019 Ghana Extractive Industry Transparency Initiative (GHEITI) reports for the mining, oil and...
The Mineral Income Investment Fund (MIIF) is upbeat about the long-term prospects of its recent equity investments in Toronto and Frankfurt-listed Asante Gold Corporation.MIIF purchased over fourteen million shares representing 4.65% of the company following a private placement in February 2022.Following a familiarisation visit to the 100% owned subsidiary...
Discusses mining for sustainable dev’tThe third edition of the much-anticipated Ghana Gold Expo Mining Week has been opened at Takoradi on the theme: ‘The Potential of Mining for Sustainable Development’.For three consecutive years, the Ghana Gold Expo has been able to bring together companies and business operators from...
To help build the capacity of local companies to actively engage in the extractive sector, the Ghana Chamber of Mines has launched the Supply Chain Financing Programme to help provide funds for small businesses seeking to enter into the mining sector.The programme provides an integrated platform for banks, mining...
Women in Mining (WIM), in partnership with the Australian High Commission, has brought together some women in the extractive industry to a breakfast meeting to discuss ways women can be encouraged to participate in the male-dominated industry.The event was part of activities to mark this year’s International Women Day...
…with establishment of Inter-Agency Framework and Task ForceRoyalty payments due government from non-gold minerals such as Manganese, Salt, Limestone and Quarrying activities are set for an upturn, due to an Inter-Agency collaboration framework and Task Force initiated by the Minerals Income Investment Fund (MIIF).The framework is part...
For close to 1,000 years, Ghana has significantly supplied gold to the world, but the country is yet to benefit from the mineral resource. The history of gold production in Ghana goes back as far as the Ancient Kingdom of Ghana, the former Gold Coast Colony, and present-day Ghana.Currently,...
The provision of skill training for the youth in the host communities will help better lives, especially after mining, the Community Affairs and Stakeholder Engagement Manager, of Goldfields Damang Mine, Abdul Razak Yakubu, has said.He said while many people in most mining communities depend on the mine for employment,...