The Vice President Dr. Mahamudu Bawumia has disclosed that, the government has begun discussions with the gold mining companies over export of gold.
According to the second gentleman, is expected to help ensure that, the country derives the maximum revenue from the country’s gold which is exported.
He also said, Precious...
The Minerals Commission has inaugurated a five-member audit committee to help implement risk management strategies and ensure a high level of corporate governance.
The committee has been tasked to support Management of the Commission to meet the financial management reforms under the Public Financial Management (PFM) Act, 2016 (Act 921).
It...
The Ghana Mineworkers Union (GMWU) has rejected moves by mining giant AngloGold Ashanti to move from owner mining to contract mining, a trend the union is already battling Goldfields Limited over in the law courts.
The union, in a press statement, called on Parliament to not ratify the Development Agreement...
Moves into Contract Mining with 21years life of the mine
Between 2000 – 2500 to be employed
Tax Concession Agreement and Development Agreement Awaiting Parliamentary Approval
Mine production for 10years – averaged 350,000oz – 450,000oz at an average head grade of 8.1g/t.
The initial cost of the project...
An Accra High Court presided by Justice Ackah-Boafo has today ruled against the decision by the Lands and Natural Resources Minister, John Peter Amewu, to revoke the mining lease of Exton Cubic Group Limited.
According to Justice Ackah-Boafo’s ruling, the Minister of Lands and Natural Resources, John Peter Amewu, exceeded...
The President of the Ghana Chamber of Mines, Kwame Addo-Kufuor, has warned that proper regulatory measures must be put in place before the ban on small scale mining is lifted.
“I think government is doing the right thing in sanitizing the sector. I keep telling people the Chamber contributes 66...
The Ghana National Association of Small Scale Miners (GNASSM) has disclosed that the industry has lost some US$551million and still counting due to the ban placed on their operations by government.
It has therefore called on government to immediately lift the ban in order to save the industry from collapse.
“Once...
Mining giant Golden Star on February 1, 2018 reached an important milestone, as its Prestea Underground Mine in the Western Region achieved commercial production.
The project construction of the Prestea Underground mine, including the installation of all ancillary infrastructure has been completed.
Operational and gold production is expected to continue to...
Despite efforts to clamp down on all human activities within the Bui Hydroelectric Dam enclave, illegal mining and logging continue to thrive in the area - posing a threat to safety of the national asset, B&FT has gathered.
According to the Chief of Bui Resettlement Camp, Nana Kwadwo Wuo II,...