AngloGold Ashanti plc today announced that with effect from 1 January, the membership of its Board Committees will be as follows.
Category: Mining
Asante Gold Announces $500 Million Gold Forward Purchase Pact
Vancouver, British Columbia// – Asante Gold Corporation announced that its subsidiary Asante Gold Bibiani Ltd, which owns the Bibiani mine, has entered into an agreement with Fujairah Holdings LLC for the forward sale of $500 million in gold, which will provide US$100 million of financing to the company on a revolving basis over approximately two […]
Ghana’s Quarries: The Silent Struggles Beneath the Surface
Accra, Ghana//-In November 2024, I set off on what I thought would be a typical investigative journey—one that would uncover facts, numbers, and statistics. But what I encountered in Ghana’s quarry sector left me shaken, heartbroken, and questioning how far we’ve come as a nation.
Mauritania: African Development Bank Grants $150 Million Loan to Boost Mining Sector
Abidjan, Ivory Coast// — The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a $150 million senior loan to Mauritanian state-owned iron ore firm Société Nationale Industrielle et Minière (SNIM) to increase its logistics capacity and strengthen the country’s mining sector.
Newmont Funds Ahafo Region’s First Military Base to Boost Community Security
Newmont has handed over two newly constructed and furnished military Forward Operating Bases (FOBs) in Sankore and Kenyase in the Ahafo Region.
Debt-for-nature swaps, a Game-changer for the Democratic Republic of Congo’s Climate Action
Kinshasa, Democratic Republic of the Congo// — The Democratic Republic of Congo (DRC), a country rich in natural resources, is exploring launching a debt-for-nature swap to finance sustainable development projects while easing its public debt burden.
The Golden Gamble of the Gold Coast is ‘GALAMSEY’.
How does a young, budding entrepreneur write about galamsey, and also at arguably the most politically charged period in Ghana this century? Well, I do that by stepping away from the politics momentarily and focusing on the heart of the matter – what galamsey truly represents for Ghana. It’s more than a headline or a […]
Unlocking Africa’s Golden Potential: How Digitisation Can Transform the Continent’s Gold Mines and Combat Illicit Mining Activities
Africa, the world’s top regional gold producer, is experiencing a modern-day gold rush driven by soaring gold prices and strategic economic empowerment initiatives.
Newmont’s Evelyn Ofori-Atta Adjudged Female Mining Professional of the Year (Technical)
Accra, Ghana//-Newmont’s Evelyn Ofori-Atta, a Senior Plant Metallurgist with the company’s Ahafo South mine in the Ahafo Region, has been recognised as the Female Mining Professional of the Year (Technical Division) at the 10th Ghana Mining Industry Awards, organised by the Ghana Chamber of Mines.
Newmont Wins Big at 2024 Mining Industry Awards, Recognised For Leadership in Corporate Social Investment
Accra, Ghana//-For the second consecutive year, Newmont has been recognised as a leader in Corporate Social Investment (CSI) in Ghana’s mining industry at the 10th Ghana Mining Industry Awards, organised by the Ghana Chamber of Mines on Friday, 22 November 2024.