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...
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...
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...
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...
The firm price of gold in the face of the Coronavirus pandemic offers significant hope to the economy, a former Chief Executive Officer of the Minerals Commission, Dr. Toni Aubynn, has said.
Speaking during a webinar on how mining could help to mitigate the adverse impact of the pandemic on African...