Future Gold Resources (FGR), the operator of Bogoso Prestea Mine, has said it is saddened by the violent attack by a group of criminals that led to the destruction of property belonging to FGR Bogoso Prestea Mine and threats to the safety and welfare of workers. In a statement, FGR...
Newmont Corporation’s Board of Directors has approved advancing the Ahafo North Project into the execution phase. The project exceeds the Company’s required internal rate of return, adding profitable production from the best unmined gold deposit in West Africa. “I am pleased to announce the approval of full funding for the...
Newmont Ghana says it will continue to rely on the Government, community leaders, and security agencies to protect its people, assets and communities following attacks by suspected illegal small-scale miners on national and company security protecting its Ahafo South mine. Newmont Ghana has been collaborating with the National and Ahafo...
Golden Star has announced that Future Global Resources Limited has defaulted on its obligation to pay the Company’s wholly-owned subsidiary, Caystar Holdings $15 million of the purchase price relating to the sale of Golden Star’s 90% interest in the Bogoso-Prestea Gold Mine The amount was supposed to be paid to...
Newmont Ghana says it will continue to rely on the Government, community leaders, and security agencies to protect its people, assets and communities following attacks by suspected illegal small-scale miners on national and company security protecting its Ahafo South mine. Newmont Ghana has been collaborating with the National and Ahafo...
FGR Bogoso Prestea (FGR BP) has reached a settlement agreement with disgruntled employees following series of strikes. Following the sale of the Bogoso Prestea Mine on September 30, 2020, employees under the previous owner, Golden Star Resources (GSR), had expected payment of severance prior to the completion of the transaction. This...
Senior Principal Inspector of mines at the Minerals Commission, Zooga Wilson Wanab, has observed that the problems emanating from the illegal small-scale mining (SSM), otherwise called galamsey, are a result of the systemic leadership failure on the part of the nation’s political, institutional and community leaders. He reasoned that if...
The second edition of the 'Ghana Gold Expo' has been held in Takoradi to promote zero mercury. The event showcased the region’s mineral resources potential, promote the country’s mining sector to the international community, and build strong partnerships to develop the mineral resources for the sustainable development of Ghana. Vice President,...
Abosso Gold Field Limited (AGL), through the Gold Fields Ghana Foundation (GFGF), has presented educational materials worth GH¢258,750 to the Ghana Education Service (GES) Directorate at Prestea-Huni Valley Municipality in the Western Region. The items include 900 mono-desks to 14 host communities of Abosso Gold Fields; six desktop computers; two...
…as both see heavy contraction in Q1 Even as the country strives to recover from ravages of the pandemic, the two hardest-hit sectors – extractives and hospitality – continue finding it difficult to come out of the economic quagmire, as both saw their largest contraction in first quarter of the...

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