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 General Manager of Shandong Gold Group - parent company of Cardinal Namdini Mining Limited - Hang Li, has assured government of the outfit’s determination to pour first gold at the Namdini project at Talensi in the Upper East Region by the 2024 deadline.
Speaking in an exclusive meeting held at the headquarters of Shandong Gold Group in Jinan, China, with officials of the Ministry of...
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...
The value of gold export receipts reached US$6.6billion last year, the Minister of Lands and Natural Resources, Samuel Abu Jinabor, has revealed.
The revenue realised from exports of gold declined from US$6.779billion in 2020 to US$5.083billion in 2021 due to the contraction in gold production, particularly the near-collapse in volume...
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...
The Ministry of Lands and Natural Resources has said concerns about the intended government initiative to purchase oil with gold from the country will be resolved as the country readies to receive the first consignment of oil under the policy in a week.
According to the Deputy Minister for Lands...
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...
Beginning October 2022, gold licence holders are mandated to file monthly returns on all gold purchases in the country, the Precious Minerals Marketing Company (PMMC) has directed.
This new directive is in line with the PMMC’s efforts and mandate - as the sole assayer of gold in the country -...
An estimated value of US$27billion worth of gold export has been recorded since starting the National Assay Programme in 2018 which is under the Precious Minerals Marketing Company (PMMC), according to the Managing Director of PMMC, Nana Akwasi Awuah.
This is equivalent to a total weight of gold at 18...
-as it commissions a rehab center for PWDs
The AngloGold Ashanti – Obuasi Mine working in partnership with the Obuasi Municipal Assembly, has built and commissioned a rehabilitation and training center for Persons with Disability (PWDs), at a cost of GH₵664,000, in Obuasi.
The fully furnished facility is expected to help...