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,...
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...
Australian gold miner Resolute Mining Ltd said on Thursday it would sell its Bibiani mine in Ghana to Canada's Asante Gold Corp for US$90 million.
The sale comes months after China's Chifeng Jilong Gold Mining cancelled a deal to buy the mine, saying it had not received timely information about...
Gold Fields Ghana Limited has held a two-day suppliers conference at Tarkwa in the Western Region for its supply chain partners.
The suppliers conference, themed ‘The ESG Culture Change: an Imperative to Building a Resilient Supply Chain through Partnership’, attracted over 300 local and foreign suppliers. Participants deliberated on issues...
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...
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...
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...
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...
Ghana Gold Expo Foundation, in collaboration with Oxford University, has organised a Corporate Social Responsibility Workshop in Takoradi.
The workshop brought together international and national leaders in the mining sector, governmental and mine company representatives, non-governmental organisations, local community leaders and academics from both Ghana and the University of Oxford.
It...