Business

The Volta Aluminium Company Limited (VALCO) is positioning itself to move beyond primary aluminium production with the introduction of a continuous casting and rolling mill capable of producing aluminium rods for the domestic electrical cable industry and potentially the international market. The development is expected to strengthen Ghana’s efforts to …

Ghana is strengthening its efforts to build a more resilient national reserve position through an agreement that will see the government purchase 30% of gold produced by large-scale mining companies under the Ghana Accelerated National Reserve Accumulation Programme (GANRAP). The memorandum of understanding (MoU), signed between the government and the …

A major capital raise is giving Ghanaian energy company Genser Energy room to accelerate its expansion, upgrade existing power infrastructure and pursue new opportunities across West Africa. Genser has secured a €456 million ($527 million) credit package arranged by South Africa’s FirstRand Bank, Absa and Standard Bank to fund ongoing …

ACCRA — Rampant illegal gold mining in a critical forest reserve in southwestern Ghana is discharging heavy metals into coastal waters, threatening rare wildlife and undermining a newly inaugurated marine protected area, local environmental groups warned.   The influx of illicit mining, locally known as galamsey, inside the Greater Cape …

A new gold exploration venture is strengthening Guinea’s push to diversify its mining industry beyond bauxite, with Resolute Mining and state-backed Nimba Mining Gold joining forces to pursue prospective gold projects in the country. The two companies have established Landaya Gold, headquartered in Conakry, to assess prospective areas, conduct exploration …

When Good Oils Go Bad Part 4 By Steven Lumley, technical manager, WearCheck The fourth article in WearCheck’s “When Good Oils Go Bad” series takes an in-depth look at thermal breakdown. Stress – it’s something with which we’re all intimately familiar. It might be the printer jamming five minutes before …

For pumps and valves manufacturer KSB Pumps and Valves, keeping Africa’s mines, power stations and water utilities running depends less on manufacturing capacity than on knowing exactly where a spare part needs to be, before a customer even asks. The company’s dedicated service, maintenance and spare parts division, SupremeServe, holds …

Mali has noted that it could leverage revenues from its overhauled mining sector to raise up to 500 billion CFA francs, or US$883.1 million, for energy, water and transport projects, the clearest signal yet of how the military government intends to deploy the windfall from its 2023 mining code reform. …