A recent study by two leading civil society organisations along the natural resources space has suggested that government negotiated its lithium agreement with Barari DV Ghana Limited, a subsidiary of Atlantic Lithium Limited, from a disadvantaged position. With the state lacking advanced data of its own on the lithium find,...
The government is seeking to attract Chinese investors to the local mining sector as the Minister of Lands and Natural Resources, Samuel Jinapor, leads a delegation including the private sector to participate in this year’s China Mining Conference and Exhibition, in Tianjin, China. The 25th China Mining Conference and Exhibition,...
Public Diplomacy Officer at the United States Embassy in Accra, Kevin Brosnahan, has said failure to effectively address the prevailing challenge of illegal mining risks making the country a net importer of water, and the environment becoming unfit for agricultural use. Illegal mining activities, which often involve environmentally damaging practices,...
Newmont Africa won six coveted corporate awards at the esteemed biennial HR Focus Awards held last week. The gold mining industry leader was named Overall Best Organisation in HR Practice, solidifying its position as a trailblazer in the field of Human Resources management. The company also won awards across other...
The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has assured large-scale mining companies of the government’s commitment to protect their concessions. He made this pledge during his address at the just ended Mining for Development Forum held in Accra which was themed ‘ensuring the security of operations in...
Gold Fields Ghana Limited has held a two-day suppliers conference at Tarkwa in the Western Region for its supply chain partners. The suppliers conference, themed ‘The ESG Culture Change: an Imperative to Building a Resilient Supply Chain through Partnership’, attracted over 300 local and foreign suppliers. Participants deliberated on issues...
announces 8% increase in dividend payment Gold Fields Limited produced 1,154,000 ounces (oz) of gold for the first half of 2023 - a 4 percent drop year-on-year (YoY) in production compared to 1,201,000oz in the same period of the previous year. The gap in production is underpinned by the planned...
Newmont Africa has announced that in the first half of 2023, its operations in Ghana (Ahafo South and Akyem mines) paid a total of GH¢2.046billion in taxes, royalties, and carried interest to the government through the Ghana Revenue Authority, Forestry Commission, and Ministry of Finance. By the close of June...
The state’s 10 percent carried interest in mining operations has yielded insignificant returns over the years, the Ghana Extractive Industries Transparency Initiative (GHEITI) has said - proposing that the share be converted into mineral resources rather than dividends. Under the current mining arrangements mineral rights are granted to private parties,...
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...