Saturday, September 18, 2021
Efforts to tame illegal mining, popularly known as ‘galamsey’, have failed to yield results in the Ahafo Region, as the menace continues to attract a significant number of youth to wreak havoc on the environment with impunity. The galamsey menace is rife in communities like Ntotroso, Gyedu, Kenyasi, Hwidiem and...
The economy recorded a trade surplus of US$2billion last year, equivalent to 3 percent of Gross Domestic Product (GDP), on the back of strong gold prices, according to latest Bank of Ghana (BoG) data. The country raked in a total US$14.45billion from its exports against total imports valued at US$12.43billion...
The 2020 National Best Farmer 1st Runner-up, Nana Kofi Drobo IV has urged the government to revise its anti-illegal mining strategy to effectively tame the menace, indicating that, the country needs tighter regulations and uncompromising enforcement to suppress the threat. According to him, Illegal mining remains a bane of society,...
Gold steadied as investors tracked the deployment of the first Covid-19 vaccines in the US and the continuation of talks over a stimulus bill. The first deliveries of the vaccine are scheduled for Monday morning and the initial lot will be in all 50 states by Wednesday, according to Gustave Perna,...
The Precious Minerals Marketing Company Ltd. (PMMC) has installed new ultramodern equipment at its assay laboratory at the Kotoka International Airport to facilitate testing of gold and other metals for exports. The new equipment includes X-ray Fluorescence (XRF) Spectrometer; Electrical Conductivity Tester for Gold; Technical Specifications for Ultrasonic Flaw Detector;...
Employees and community members of Golden Star Resources’ (GSR) recently sold Bogoso Prestea Mine are petitioning the government to intervene in the mine’s sale due to inherent risks the deal poses to Ghanaian employees and the micro-economy of Prestea Huni-Valley Municipality. The employees are saying the deal if allowed to...
Ghana, the gateway to Africa is again set to elect a President and members of Parliament to lead the nation to its promise land. In Africa we are hailed as the first Sub-Saharan Africa country to gain independence, the beacon of hope and black star of the Continent. We have...
AngloGold Ashanti (Ghana) has successfully graduated a batch of eight students from their first Graduate Trainee Programme and matriculated its second batch in a colorful ceremony held in Obuasi. The company instituted the Graduate Trainee Programme, a developmental initiative to offer brilliant and promising students from tertiary institutions the opportunity...
Research agency Standard & Poor’s (S&P's) Global Market Intelligence says major gold miners globally have seen their economically mineable gold reserves decline over the last decade, owing to a lack of new discoveries and a shift away from growth strategies to margin preservation. With top producers facing declining production profiles,...
Since we issued our statement on Wednesday, 26 August 2020 on the Agyapa transaction, we have received messages from many different quarters, whether of commendation or respectful disagreement.   We feel compelled to offer some elaboration and clarification in respect of the matters we raised and, in some respects, draw...
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