Output from large-scale gold producers is expected to rise 12.5 percent this year, in what could be a huge boost for the country’s ailing economy.
Last year, the sector produced 2.7 million ounces of gold but the Ghana Chamber of Mines, the umbrella body of large mining companies, is projecting...
The Ghana Mine Workers Union of TUC has honoured Shadrach Adjetey Sowah, the Vice President of Support Services at Golden Star Resources and Managing Director for the Wassa Mine, with a special May Day award.
A citation was presented to Mr. Adjetey Sowah by President Nana Addo Danquah Akufo-Addo during...
It's done! A few weeks ago Asante Gold acquired a 90% stake of the Chirano gold mine in Ghana through a deal valued at US$225million with Canada's Kinross Gold Corporation. Â This takeover happened thanks to public funds and should boost recovery of the national extractives sector, which contributes to...
A high-powered delegation comprising mostly new board members of the Ghana Bauxite Company (GBC) led by its able Executive Chairman, Isaac Ofori Poku, has participated in this year’s 2022 Bauxite and Alumina Conference held this week in Miami, USA.
The delegation was led by the Minister of Lands and Natural...
Gold Fields Ghana Limited, in partnership with the University of Mines and Technology (UMaT), has held a Public Lecture to celebrate ‘World Day for Safety and Health at Work’ at Tarkwa in the Western Region.
The celebration was on the theme: ‘Act together to build a positive and healthy culture’.
Joe-Steve...
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...
