Central banks across Africa are increasingly aligning with a global transition toward gold-backed reserves, contributing to a significant rebound in bullion demand.
Category: Mining
Guinea Iron Ore Project Tests China’s ‘Transition Finance’ Credibility
Finance, normally reserved for reducing emissions, is being used to secure high-quality ore for greener steel production, raising environmental concerns In January 2024, China Baowu Steel Group issued the first tranche of a bond that raised CNY 10 billion (USD 1.45 billion) on the Shanghai Stock Exchange.
Africa’s Lithium Pipeline Gains Momentum as Global Supply Deficits Loom
South Africa// — Rising demand for lithium is positioning Africa to attract foreign investment, accelerate local beneficiation and strengthen its role in securing the global battery supply chain.
Ghana: 5,000 Miners Stranded in Ahafo-Ano North as NAIMOS Operatives takeover Site
Tensions are heightening in the Ahafo-Ano North District as the National Democratic Congress (NDC) constituency executives call on the government to urgently intervene in the ongoing standoff over the alleged forceful takeover of a community mining site at Mfante.
Ghana: Damang Mining lLase Award to E&P Followed Due Process — Minerals Commission
The Minerals Commission has rejected allegations of favouritism in the awarding of the Damang mining lease to Engineers and Planners Limited (E&P), insisting that the process was transparent, competitive and strictly adhered to established regulations.
Ghana: Engineers and Planners Ltd Secures Damang Mining Lease
Ghana’s Ministry of Lands and Natural Resources has officially approved the grant of the Damang Mining Lease to Engineers and Planners Ltd (E&P), concluding a high-stakes competitive bidding process designed to revitalise one of Ghana’s most significant mineral assets.
Buy Wrong Gold, Face Prosecution – Gold Board CEO Cracks Down on Rogue Dealers
Chief Executive Officer of the Gold Board, Sammy Gyamfi, has warned that individuals and firms buying gold outside approved channels risk prosecution as authorities tighten oversight of the sector.
Asante Gold Reports $345million Loss for 2025
Asante Gold Corporation recorded a net loss attributable to shareholders of US$345.44 million for the eleven months ended December 31, 2025, a sharp deterioration from the US$62.18 million loss reported for the previous financial year, according to the company’s audited consolidated financial statements released on March 31, 2026.
Watch Meet The Women Leading Ghana’s Mining Industry Special Episode
This Easter, go beyond the celebration and step inside one of Ghana’s toughest industries. Watch the full Meet The Women Leading Ghana’s Mining Industry special episode on Women in Mining, the women making bold strides, leading operations, and powering Ghana’s gold industry.
Ghana Chamber of Mines Lauds Gov’t, Atlantic Lithium on Ratification of Ewoyaa Mining Lease
Accra, Ghana//-The Ghana Chamber of Mines warmly commends the Government of Ghana and Atlantic Lithium Limited on the successful ratification of the Ewoyaa Mining Lease, marking a significant milestone in the country’s efforts to harness its critical mineral resources for sustainable economic growth and industrial development.










