By Rachel GYABAAH In Ghana’s quest for gold, a far more precious resource is being destroyed: water. Rivers and viable forests that once sustained communities and the country at large are now tainted with deadly mercury and other toxic substances. The destruction of forest reserves and wild and aquatic life...
By Kizito CUDJOE Blue Gold Bogoso Prestea Limited has pushed back against the Ministry of Lands and Natural Resources' recent announcement regarding the termination of the mining lease for FGR Bogoso Prestea Limited. In a statement released company, Blue Gold expressed surprise at the news, indicating that it had not received...
By Kizito CUDJOE The Minister for Lands and Natural Resources, Samuel Jinapor, has terminated the mining leases of FGR Bogoso Prestea Limited following recommendations from the Minerals Commission and Attorney-General. The decision, effective September 3, 2024, comes after the company failed to meet specific conditions stipulated by the ministry to continue...
By Juliet Aguiar DUGBARTEY Gold Fields Ghana Foundation has organised a free medical outreach at Brahabobom community in the Tarkwa Nsuaem Municipality of the Western Region. This is to ensure quality healthcare for all, to enable the individuals to know their health status, and then live a healthy lifestyle. The community members...
By Ernest Bako WUBONTO Chief Executive Officer-Ghana Investment Promotion Centre (GIPC), Yofi Grant, has urged African nations to monetise their natural resources to generate the revenue required for creating transgenerational transformative wealth. With Africa recorded as being home to some 30 percent of the world's mineral reserves, 40 percent of the...
By Samuel Tetteh TEI For anyone who cares about the future we’re leaving for the generations to come, the sight of polluted rivers by mining activities doesn’t just sadden the heart— it breaks your spirit. Once-clear waters have turned cloudy and toxic, leaving you to wonder whether our leaders genuinely...
While the Royal Ghana Gold Refinery's inauguration is considered a major development for the country, it is unlikely to be the panacea for stabilising the cedi, Dean-University of Cape Coast (UCC) School of Business, Professor John Gatsi, has said. The commentary follows recent remarks by Vice President Dr. Mahamudu Bawumia...
By Kizito CUDJOE Domestic gold exports soared to unprecedented levels in first-half 2024, driven by a surge in gold prices and increased production from both small- and large-scale miners. According to Chief Executive Officer (CEO)-Minerals Commission, Martin Ayisi, gold exports accounted for 54 percent of total export - amounting to US$5billion...
By Ebenezer ASHLEY (PhD.) & Nana Ekua AGYEPONG-BOATENG One of the metals discovered in human history with sparkle, popularity, nobility and immense value is gold. It is often argued, the glittering pace of gold is unequalled in the world of precious metals. This precious metal is believed to have elegance; extremely...
By Kizito CUDJOE The Minerals Income and Investment Fund (MIIF) is actively working on launching a physical gold-backed Exchange Traded Fund (ETF), set to be listed by the fourth quarter of 2024 according to MIIF's Chief Executive Officer, Edward Nana Yaw Koranteng. “The ETFs will be backed by physical gold bullion...