Some distressed workers of Future Global Resources (FGR), formerly Golden Star Resources Limited - operator of the Bogoso-Prestea Mine in the Western Region, are protesting alleged mismanagement of the mine. According to General Secretary-Senior Staff Union of FGR Bogoso-Prestea Mines, Samuel Kumi Manu, the mine has not seen any investment...
The Minerals Commission has said it is yet to receive any formal application from operators of the Prestea-Bogoso Mine, previously operated by Golden Star Resources Limited, to put the mine under care and maintenance. The mine - currently in the hands of Future Global Resources (FGR) Bogoso Prestea Limited and its principal shareholder...
The Ghana Integrated Aluminium Development Corporation (GIADEC) has reached a partnership deal with Mytilineos Energy and Metals toward building an alumina refinery in the country. The agreement pertains to Project 3A, one of four projects under the Integrated Aluminium Industry (IAI) projects at Nyinahin-Mpasaaso in the Ashanti Region. Under terms of the agreement, Mytilineos - a Greek company - will...
Adamus Resources Ltd ("Adamus Ghana") would like to address the recent misinformation surrounding the purported establishment of an Interim Management Committee ("IMC"). This is in response to the public notice issued on January 17, 2023, by the Board of Directors of Adamus Resources Pty. Ltd. ("Adamus Australia"), which is...
In a bid to boost its production capacity, wholly Ghanaian-owned mining giant Adamus Resources Limited, with financial support from its parent company - Nguvu Mining Limited, has launched over a dozen Liebherr brand of haulage trucks at the company’s site at Esiama in the Ellembelle District of the Western...
Resource - rich countries have, for decades, explored and exploited the valuable mineral resources they have been endowed with through large-scale mining activities. Historically, a key aspect of large-scale mining has involved the exploration of minerals through surface/land-based mining which has made significant contributions to developments in growing economies....
The Gold for Oil (G4O) program emerged in response to the 1973 oil crisis, triggered by an oil embargo imposed by OPEC members, particularly Saudi Arabia, on nations perceived as supporting Israel in the Yom Kippur War (Birjandi, 2003). This crisis caused a global energy shortage and a surge...
Emmanuel Armah Kofi Buah, Member of Parliament (MP) for Ellembelle, has called for a new and better approach to dealing with local level mining in the country. “The old approach has not stopped illegal mining activities and destruction of the environment, especially water-bodies – which is having negative effects on...
The year 2023 is ending on a high note for the extractive sector. The sector, comprising mining and oil industries, exhibited resilience in the face of challenges. The country’s return to the International Monetary Fund (IMF) merely a year ago, a strategic move shrouded in the government’s resolute commitment to...
Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) has unveiled plans to divest its 45 percent stake in the Asanko gold mine located in Ghana, in a strategic move within the mining sector. The mining giant is set to transfer ownership to its TSX-listed joint venture partner, Galiano Gold, marking...

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