The Chief Executive Officer of the Minerals Income Investment Fund (MIIF) has told a meeting of global investors in Canada that MIIF is ready to co-invest with investors seeking opportunities into the minerals sub-sector in Ghana. This he said, is in line with the strategic objective of MIIF to...
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...
The coronavirus (COVID-19) pandemic is a global health crisis, which has challenged health standards worldwide. Ghana has had its share of the coronavirus pandemic and is working hard to get a grip on the situation. Safety Communication Consult (SCC) caught up with the Executive Vice President and Head of...
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...
AngloGold Ashanti Ghana Limited, in collaboration with GIZ, will soon roll out a community health programme for the people of Obuasi. The project will deal with COVID-19 and its impact on the health systems and livelihoods of people within the Obuasi Municipality and Obuasi East district. The programme, themed ‘Pandemic management...
The mining sector could once again be the economy’s saviour, as gold prices continue to firm up in the face of a global economic crisis. Price of gold, which is known to gain momentum during economic crisis as investors often consider it as safe haven, averaged US$1,866 per ounce between...
On Wednesday 5th October, 2022, I had the opportunity to participate in two meetings in Kumasi on the phenomenon of illegal artisanal (small-scale) mining, popularly known as galamsey. The meetings were convened at the request of His Excellency the President of the Republic. The first was with the National...
In an effort to broaden the horizon of residents of mining affected communities in the Ahafo Region on mining-related laws and reforms, a capacity-building workshop has been organised for some residents of the ten host communities of Newmont Ahafo Mines. Over 100 smallholder farmers benefitted from the training aimed at...
The Ghana Chamber of Mines has expressed worry over the continuous decline of exploration investments in the mining sector, warning that production and revenues could drop if urgent steps are not taken to incentivise and expedite exploration spend With exploration needed to guarantee the continuous production of minerals - and...
The Ghana Mineworkers’ Union (GMWU) of the TUC held its 13th Quadrennial Delegates Conference from 11th to 14th December, 2023 in Obuasi, as the mining sector continues to witness massive transformation in its labour market and labour relations landscape. This was amply demonstrated by GMWU General Secretary, Comrade Abdul-Moomin Gbana, when...