Ghana has reached a deal with nine more mining companies to purchase 20% of their gold production, a government body said on Wednesday, aiming to consolidate a gold purchase programme meant to boost the country’s gold reserves and stabilise its currency.
Accra, Ghana’s Government has promised to speed up work on the delayed Ewoyaa Lithium Project after concerns were raised by local chiefs.
Ghana is on the brink of becoming a lithium producer. Barari DV Ghana Ltd, a subsidiary of Atlantic Lithium, plans to begin producing lithium spodumene concentrate from its Ewoyaa mine within two years, pending parliamentary approval of its mining lease agreement.
Washington DC, USA//—Faltering economic growth is coinciding with ample oil supply in ways that are expected to drop global commodity prices to their lowest level of the 2020s, according to the World Bank’s latest Commodity Markets Outlook.
The Board of Atlantic Lithium Limited, the Africa-focused lithium exploration and development company targeting the delivery of Ghana’s first lithium mine, says it remains steadfast in its commitment to progressing the Ewoyaa project to production despite the challenging global lithium market.
Accra, Ghana//-The newly formed GoldBod Security Taskforce has arrested three suspected gold smugglers believed to be Indian nationals.
Gold (XAU/USD) has seen a significant decline at the start of trading today, Monday, dropping to around $3,286 after reaching record highs last week.
Gold ended yesterday’s trading session with a 1.87% gain, snapping a two-day pullback from its historic peak at $3,500/oz. This rebound occurred as trade optimism faded, while rising geopolitical risks and stalled negotiations among major powers continued to fuel defensive sentiment across financial markets.
Accra, Ghana// — The Ashanti Green Initiative (AGI) today hosted a high-level virtual briefing to provide an exclusive preview of the upcoming Mining in Motion Summit, set to take place on June 2–4, 2025, in Accra, Ghana.
The ongoing joint police and security operation targeting illegal mining activities in forest reserves near Samreboi in the Western Region has led to the arrest of 21 more individuals, bringing the total number of arrests to 47 as the crackdown enters its fourth day.
