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....
Government is set to unveil a plan on how the nation’s natural mineral resources, especially gold, would see value added locally to create jobs, increase revenue to the state, improve the living standards of Ghanaians and place the nation on a stronger path beyond aid. Ghana has been producing gold, diamonds, bauxite and manganese for...
Golden Star Resources Limited has filed a technical report that includes a preliminary economic assessment to expand its Wassa underground gold mine in Ghana. According to the company, its preliminary economic assessment provides enough evidence to develop the mine and to fully utilise the available process plant capacity. The company...
The global gold industry, and by extension the mining industry, so far stands out as the utmost beneficiary of the COVID-19 global crisis, General Secretary of Ghana Mineworkers’ Union (GMWU), Abdul-Moomon Gbana has observed. He said unlike other sectors which have been heavily hit since outbreak of the pandemic, gold...
Significant milestones have been achieved in FGR (FGR) quest to turnaround the fortunes of the Bogoso Prestea Mine (BPM). This was revealed last weekend by the Chief Operating Officer of FGR, Mr. Adam Clode, during a presentation to editors and reporters of local and national media organizations at the...
“I’m satisfied with the strategic positioning of the chamber as a development partner to gov’t” “Men make history and not the other way around. In periods where there is no leadership, society stands still. Progress occurs when courageous, skillful leaders seize the opportunity to change things for the better.” —...
...part of efforts to expand non-gold royalties. The Economic and Organised Crimes Office (EOCO) has joined efforts to improve royalty payments and collections due the state from the mining sector in Ghana.  EOCO is the newest member of a group of related agencies in the extractive and minerals sub-sector led...
The Ghana Integrated Iron and Steel Development Corporation (GIISDEC) is actively engaging investors to unlock the potential of the domestic iron ore industry, its Chief Executive Officer (CEO), Kwabena Bonsu Fordwor, has revealed. GIISDEC is seeking private investors to explore the natural resource, which is estimated at 6.4 billion tonnes...
In a contentious legal battle, Adamus Resources Ltd. and Nguvu Mining Ltd. have taken strong action against Korsah & Ackah @ Law - accusing them of improper conduct and seeking a cessation of further correspondence. The case in question, Adamus Resources Ltd. & Anor vrs Allan Morrison & Anor (Suit...
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...