Newmont Africa’s third largest mine project in Ghana-Ahafo North Mine is making significant progress as teething problems holding back its full-scale production are almost dealt with.
Category: Mining
Gold Mafia: Gold Smuggler Sneaks $40 Million Worth of Gold Out of Ghana Every Month
A gold trader exposed in Al Jazeera’s Gold Mafia investigative documentary has revealed that he smuggles a ton of gold from Ghana every month.
Ghana Chamber of Mines Condemns Attack On Golden Star Resources
Accra, Ghana//-The Ghana Chamber of Mines today condemned illegal miners attack on the Benso concession of Golden Star Resources (Wassa Mine) in the Western Region on Thursday 16 March 2023.
Ghana: Newmont Pays GHS 2.76 Billion as 2022 Full-Year Tax to Government
Accra, Ghana// – Newmont Africa has announced that its Ghana operations (Ahafo South and Akyem mines) paid a total of GHS 2.76 billion in taxes, royalties, levies, and carried interest to the Government of Ghana in 2022, through the Ghana Revenue Authority, Forestry Commission, and Ministry of Finance.
Ghana: Many Top Gov’t Officials Engaged in ‘Galamsey’ – Prof Frimpong Boateng
Accra, Ghana//Former Environment, Science and Technology Minister, Prof Kwabena Frimpong Boateng, says there are many top government officials engaged in illegal mining, popularly known as ‘galamsey’.
Ghana’s Cocoa Industry Under Threat As Illegal Miners Destroy Rehabilitated Farms
Accra, Ghana//-Ghana’s cocoa industry is facing one of its biggest threats ever as illegal gold miners continue a major onslaught on cocoa farms, including those recently rehabilitated under a national programme.
Guinea Junta Likely to Allow Business as Usual in Mining Sector Despite Nationalist Posturing
Guinea’s ruling junta is not well liked. Mamady Doumbouya’s removal of former President Alpha Condé, himself deeply unpopular, in September 2021, was met with widespread glee and parties in the streets of bustling Conakry.
Gold, Silver, and Monetary Stability
The year 1873 marks a turning point in monetary history. In July, the new German Empire Reichstag replaced an array of silver-based currencies with the gold mark.
Nigeria’s Natural Resources Are Under Threat – Urgent Steps a New President Must Take
Waste on Lekki beach, Lagos. Alucardion/Shutterstock Emmanuel O. Akindele, Obafemi Awolowo University By the end of May 2023 Nigeria will have a new president following February’s elections.
Uncertainties in Base and Precious Metals Supply: Is Africa Ready?
Johannesburg, South Africa// — The ongoing Ukraine war and ensuing sanctions imposed on Russia (the most extensive in world history) have resulted in spasms in the oil and natural gas markets, driving well-documented disruptions to energy supplies, as well as agricultural resources.