Category archives for: Mining

New Report: Mining Sector Drags the Achievement of SDGs

Nyon, Switzerland, Sept. 23, 2020 /PRNewswire/ — Just 10 years are left to achieve the UN Sustainable Development Goals (SDGs) – and as one of the few sectors with links to all 17 goals, the mining industry has a significant role to play in contributing to their achievement.

COVID-19’s Impact on Global Gold Industry: Implications for Next Normal and Beyond

September 22, 2020//-The impact of the COVID-19 pandemic and the subsequent reaction by central banks have several implications for the gold-mining industry.

Report: Illicit Gold Trade Thrives with Impunity in the Democratic Republic of Congo

Ottawa, Canada, September 17, 2020/ — IMPACT’s newest report reveals how the Democratic Republic of Congo’s (DRC) illicit gold trade continues to thrive despite efforts to clean up the sector.

Ghana: Lebanese Naji Khalil Faces Jail Over $140,000 GOLD FRAUD

Accra, Ghana, September 16, 2020//-A serial Lebanese Gold Fraudster, Naji Khalil, who is likely to face jail in Ghana is currently standing trial at a Circuit Court in Accra, Ghana West Africa.

World’s Five Largest Gold Producing Companies Hit $157.7bn in Market Cap

September 15, 2020//-Although the Covid-19 outbreak disrupted gold mine production and mineral exchanges, the stock price of the leading gold producing companies globally significantly increased in 2020.

10 Largest Sovereign Wealth Funds Control $5.7 Trillion with Majority Based in Asia

September 3, 2020//-Data presented by Buy Shares indicates the ten largest Sovereign Wealth Funds control assets worth  $5.7 trillion. The assets value was recorded as of July 2020. 

Global Demand for Investment Gold Jumped Almost 100% Year-on-year

September 2, 2020//-Unlike stock, banknotes, or other assets, gold has managed to maintain its value through the years, preserving the investors’ wealth, especially in times of turmoil in the financial markets.

Minority Leader:  Agyapa Deal A Grossly Inimical to the Interest of Ghana

Accra, Ghana, September 1, 2020//-Ghana’s Minority Leader, Haruna Iddrissu has taken a swipe at the Akufo-Addo-government for mortgage Ghana’s future mineral royalties in perpetuity to the controversial Agyapa Minerals Royalty Limited.

Elite Capture: A Major Threat to Ghana’s Extractive Sector

Accra, Ghana, August 31, 2020//-Ghana which is endowed with mineral resources such as gold, diamonds and manganese, oil and gas has benefited significantly less from the resources.

Ghana: Civil Society Organisations Demand Suspension of Agyapa Minerals Royalties Deal

Accra, Ghana, August 25, 2020//-The group under the banner name ‘Alliance of CSOs working on Extractives, Anti-Corruption and Good Governance’ are calling for a multi-stakeholder conference to re-look at the deal.

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