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 global oil industry is saddled with a sudden lack of demand due to the coronavirus economic slowdown. Early this week, Brent crude oil - which is similar in quality to Ghana’s crude - was trading at a long-term low of just US$18 per barrel.
This means that all Ghana’s...
AngloGold Ashanti (Ghana) Limited has rolled out a series of interventions and campaigns in the Obuasi township as part of measures to combat the spread of the Coronavirus (CoVID-19). Among them are the deployment of the services of its malaria control subsidiary, AngloGold Ashanti Malaria Control (AGAMal) and its...
The country’s total output for last year has shown a marginal improved growth over that of 2018, as figures from the Ghana Statistical Service (GSS) indicate the economy grew by 6.5 percent - largely driven, once again, by oil.
This is a 0.2 percentage point higher than the 2018 growth,...
The issue of inequality at the workplace have been discussed extensively by many authors. But one sector in which women’s participation is below that of the broader economy, is the energy sector. Despite making up 48 percent of the global labour force, women only account for 22 percent of...
Tullow Oil plc (Tullow) has appointed Rahul Dhir as Chief Executive Officer and an Executive Director of the Group. His appointment will take effect July 1, 2020, the company said in a statement.
The statement added that Dorothy Thompson, currently Executive Chair of Tullow, will return to her position as...
What happens when you give industries that are frequently ostracized for their role in environmental degradation an 'open license to pollute?' They take it with open arms.
"This is an open license to pollute. Plain and simple. The administration should be giving its all toward making our country healthier right now. Instead,...
In this question and answer session, Alex Mould, a former Chief Executive Officer of the Ghana National Petroleum Corporation and the Ghana National Petroleum Authority, explains the impact of the novel Coronavirus on Ghana's economy, why consumers will enjoy cheaper fuel and how the country could make the most...
OPEC has been at the center of one of the biggest stories of 2020 aside from COVID-19
Scan Western news about OPEC from the last few years, and a common observation tends to appear: OPEC had a huge influence on the global oil market back in the day. Now, in...
Rather than cutting back on imports, China pushed crude oil into storage tanks at almost double the rate in the first quarter of this year than it did in the same period in 2019 as the new coronavirus hit domestic consumption.
China doesn't release official data on flows into strategic...