Gold is currently experiencing notable volatility, with prices touching levels near $3,400 per ounce before retreating slightly at the start of trading on Tuesday.
Category: Mining
Asante Gold Receives Second $100M Advance From Fujairah, Updates Shareholders
Vancouver, British Columbia – Asante Gold Corporation announced that it has received the second $100 million advance from Fujairah Holdings LLC, as scheduled under the Gold Forward Agreement described in the Company’s news release of December 19, 2024.
Mahama Opens Mining in Motion Summit, Calls to Reimagine African Mining
Accra, Ghana// — Ghana’s President John Mahama officially opened the Mining in Motion 2025 summit in Accra, calling for greater investment across the downstream value chain.
Ghana Gold Output Could Rise 6.25% to 5.1 Million Ounces in 2025
Ghana’s gold production could increase by around 6.25% to approximately 5.1 million ounces in 2025, up from last year’s record output of 4.8 million ounces, the Chamber of Mines in Africa’s top gold-producing nation said on Friday.
Police Arrest 49 Suspects in Nationwide Crackdown on IIlegal Mining
The Ghana Police Service has arrested 49 individuals for engaging in illegal mining activities during a series of intelligence-led operations across the country.
Mining in Motion Hosts African Ministers Driving Extractive Sector Growth
Accra, Ghana// — The upcoming Mining in Motion summit – Ghana’s premier gathering for mining stakeholders, scheduled for June 2 – 4, 2025, in Accra – will feature local and regional ministers who will participate in panel discussions, investment forums and exclusive networking sessions aimed at showcasing opportunities within the artisanal gold mining sector.
Hannah Bissiw, Atiwa West DCE Lead Operation to Arrest 10 Illegal Miners
At least ten individuals have been arrested for illegally mining close to the Akyem-Abomosu STEM school in the Eastern region.
Newmont Contributes US$220 Million to Government of Ghana
Accra, Ghana ― Newmont fulfilled its key fiscal obligations with the Government of Ghana (GoG) with the payment of US$220 million related to its local mining operations.
Spodumene Pegmatite Discovered at Agboville and Rubino Licences In Côte d’Ivoire
Atlantic Lithium Limited, the Africa-focused lithium exploration and development company targeting the delivery of Ghana’s first lithium mine, has announced the discovery of spodumene pegmatite in outcrop and float in the Agboville and Rubino exploration licences in Côte d’Ivoire, which are 100%-owned by the Company’s wholly-owned subsidiary Khaleesi Resources SARL, and the delineation of significant […]
Gold Above $3,300: Stability or a Passing Phase Amid Dollar Weakness and Rising Risks?
Gold continues to shine this week, surpassing the $3,300 per ounce mark amid a turbulent economic and financial landscape that paves the way for further gains. What we are witnessing is not merely a conventional rally, but rather a structural shift in how global markets perceive gold.