Sunday, January 24, 2021
To promote transparency and reduce all corruption risks associated with the awarding of mining licenses and permits, face-to-face processing must be replaced with digitisation, a new report by Ghana Integrity Initiative (GII), the local chapter of Transparency International, has recommended. Titled ‘Corruption Risk Assessment Report on Mineral Mining Licensing in...
Industrial gold output from Ghana, Africa’s top producer of the precious metal, increased 6% in 2019 from the previous year while small-scale gold production dropped 20%, the Chamber of Mines said in its annual general meeting on Friday. Industrial mines produced 2.989 million ounces of gold in 2019, up from...
Abosso Gold Fields Limited (AGL) has spent a total of GH¢621, 000 on Personal Protective Equipment (PPE) to support the fight against Coronavirus Disease (COVID 19) in the Prestea Huni-Valley Municipality. The first batch of the items which was presented few weeks ago are; 15,670 pocket-sized alcohol based hand sanitizer,754...
The Ashanti Regional Health Directorate’s fight against the deadly coronavirus (COVID-19) has received a major boost as mining equipment and technology services provider, Sandvik Mining & Construction (Ghana) Ltd has donated personal protective equipment to the directorate. The GH¢150,000 equipment are to augment government’s supplies and help the region with...
Gold and silver are selling on a high, lifted by concerns over economic growth, a second wave of virus infections and simmering tensions between the U.S. and China. Last week, gold headed back toward its peak in April l, when prices hit the highest since 2012. Silver , meanwhile jumped...
The Tarkwa operations of Gold Fields Ghana (GFG) has confirmed two positive COVID-19 cases, but assured that the patients, a worker and his wife, are in stable conditions. A press release from the mining giant said: “the company received the test results from the Noguchi Memorial Institute for Medical Research...
set to better last year’s production revenue to remain intact The mining sector is confident of improving on last year’s production of over 4 million ounces of gold, despite the devastating effects of the novel Coronavirus, the Ghana Chamber of Mines, has assured. Although the Chamber is still in the...
Government’s fight against illegal mining has cut out supply to local jewellers whose main source of raw material is small-scale miners, pushing some to the brink of collapse. If government can help them find other sources of supply - since no one sets eyes on gold produced by large-scale multinationals...
Gold Coast Refinery, a leading gold refiner in the country, has asked government to grant it a Free Zones certification permit to enable it upscale production capacity. The Free Zone status will enable the company to import large volumes of raw gold from the sub-region, then refine and export it...
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