The firm price of gold in the face of the Coronavirus pandemic offers significant hope to the economy, a former Chief Executive Officer of the Minerals Commission, Dr. Toni Aubynn, has said.
Speaking during a webinar on how mining could help to mitigate the adverse impact of the pandemic on African...
Over the last 30 years, research and development in “Green energy” has exploded, producing hundreds of promising new technologies that can minimize the world’s dependence on fossil fuels, including oil, natural gas, and coal.
The Environment Protection Agency (EPA) describe Green energy as power produced from natural sources such as...
As part of efforts to promote the industrialization agenda of government and to hasten the revival of the pandemic-hit economy by increasing non-traditional exports, the Ghana Exports Promotion Authority has inaugurated a new bauxite bead making facility at Abompe in the Eastern Region.
The new GH¢500,000 facility, comes in two...
Newmont Ghana has signed a Memorandum of Understanding (MoU) with the Kumasi Centre for Collaborative Research in Tropical Medicine (KCCR) to support the nation’s fight against the COVID-19 pandemic.
Under the MoU, Newmont Ghana will procure PCR equipment, ancillary equipment, reagents and other consumables to augment the capacity of KCCR...
Golden Star Resources (GSR) Limited, the gold mining company that owns and operates the Wassa and Prestea underground mines, has said the sale of its Bogoso-Prestea Gold Mine to Future Global Resources (FGR) for US$95million presents the best opportunity to focus all of the company’s attention on maximizing the...
Golden Star Resources Ltd has said it has entered into an agreement with Future Global Resources for the sale of its 90percent interest in the Bogoso-Prestea Gold Mine.
The agreement stipulates that an initial purchase price of $55 million shall be paid with a further contingent component of up to...
Over 200 illegal miners, popularly known as galamsey, have taken over the concession of the Ghana Rubber Estate Limited (GREL) at Apemanin in the Ahanta West Municipality in the Western Region.
The area forcibly taken over by these illegal miners is part of GREL concession which was planted with rubber...
With more than 30% of the world’s mineral reserve, mining on the African continent dates back to the 15th century – currently, mining industries in Africa produce more than 60 different metals: copper, diamond, gold, gemstones, platinum, aluminium, bauxite, manganese, coal, iron ore, nickel, lead and zinc are a...
An acrimonious relationship between mining companies and members of host communities, especially farmers over compensation for acquisition of land for mining purposes is a common feature in the country.
The absence of a clearly defined legislation covering compensation for the acquisition of land for mining has created a vacuum for...