Domestic gold production is projected to reach a record-breaking 4 million ounces (oz) in 2023, compared to 3.7 million ounces in 2022.
This will mark the highest production in three years, once again solidifying the country’s position as foremost gold producer on the African continent.
The Ghana Chamber of Mines (GCM)...
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...
With more than 30% of the world’s mineral reserve, mining on the African continent dates back to the 15th century – currently, mining industries in Africa produce more than 60 different metals: copper, diamond, gold, gemstones, platinum, aluminium, bauxite, manganese, coal, iron ore, nickel, lead and zinc are a...
Asante Gold Corporation, a Canadian-based gold mining company, is forecasting a combined production of approximately 400,000 ounces of gold for 2023 from its Bibiani and Chirano mines.
This should result in some US$771.6million - pegged at US$1,929.02 per ounce as of January 19, 2023 world market prices. Asante's recent increase...
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...
The newly elected General Secretary of the Ghana Mineworkers’ Union of TUC, Abdul-Moomin Gbana, addressed the mid-year National Executive Council meeting last weekend in Sunyani, capital of the Bono Region, and commended government for its bold response to the COVID-19 pandemic.
He noted that the pandemic outbreak has not been...
Though government is yet to list Agyapa Royalties Limited shares on the Ghana and London stock exchanges, local and foreign investors have expressed keen interest in investing in this novel gold royalties-backed business, Deputy Minister for Finance, Charles Adu Boahen has said.
Mr. Adu Boahen, briefing the B&FT said: “Though...
Golden Star Resources Ltd has said it has entered into an agreement with Future Global Resources for the sale of its 90percent interest in the Bogoso-Prestea Gold Mine.
The agreement stipulates that an initial purchase price of $55 million shall be paid with a further contingent component of up to...
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...
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...