The alternative Investing in precious metals usually takes the form of purchasing physical gold or silver, or investing in shares of individual mining companies - each approach with its own unique merits and risks. Direct equity/debt investments in mineral resources companies are ubiquitous among investors; however, investing in royalty and streaming...
The Minerals Income Investment Fund (MIIF) may well become the most important lever in Ghana’s development, Mr. Edward Nana Yaw Koranteng, the Fund’s Chief Executive, has said. Addressing participants at the 14th West Africa Power Exhibition and Conference on the topic ‘MIIF as a tool for National Development, Mr. Koranteng...
The first batch of trainees from an initiative to equip the youth of host mining communities by the Abosso Goldfields Limited (AGL), through Gold Fields Ghana Foundation in partnership with Engineers and Planners (E&P), have graduated after six months of intensive on-the-job training. The training programme, which was introduced last...
Employees of AngloGold Ashanti (AGA) Iduapriem Mine, on Monday 6 June 2022, embarked on a tree-planting exercise and a litter clean-up campaign around the company’s operational area, ongoing project sites and selected communities as part of activities to mark this year’s World Environment Day. World Environment Day is globally observed...
The country suffered a drastic drop in gold production of 30 per cent in 2021 -q the lowest since 2008. Total production from large- and small-scale producers declined from 4 million ounces in 2020 to 2.8 million ounces last year, mainly due to operations-related challenges, says the Ghana Chamber of...
Leading mining companies in the country, and the West African sub-region, have been urged to gear up for the introduction of a Mining Index on the subregional stock exchanges, and help to accelerate their growth and significance on the continent. This follows a call by the Vice President, Dr. Mahamudu...
The mining sector could once again be the economy’s saviour, as gold prices continue to firm up in the face of a global economic crisis. Price of gold, which is known to gain momentum during economic crisis as investors often consider it as safe haven, averaged US$1,866 per ounce between...
Switzerland supports reforms in Extractive Industry in Ghana Ghana, a country rich in natural resources, joined the Global Extractive Industries Transparency Initiative (EITI) in 2003 in an effort to uphold good governance in the extractives sector. Subsequently, the country joined the Open Government Partnership (OGP) in 2011 to...
AngloGold Ashanti Iduapriem Mine has engaged queen mothers from its host communities on their role in community development in line with its commitment to diversity and inclusion. The event, which was held on 16th May, 2022 at the Iduapriem Club House, was attended by all queen mothers and women’s group...
The Minerals Commission has said it is seeking to forestall conflict situations between mining companies and host communities arising out of community development and other related issues going forward. This is expected to be realised with the introduction of some new guidelines meant to ensure equitable development by mining firms...