Ghana, Africa’s largest gold producer, secured an agreement with large-scale mining companies to buy 30% of their output starting July 1, escalating a state-led bullion-buying program designed to fortify its currency and shield the economy from external economic shocks. The deal, struck between the government and miners via the Ghana …
Read More »Oxidation: When Oil Gets Old
Oxidation – the focus of part 2 of WearCheck’s “When Good Oils Go Bad” series – is one of the most common chemical reactions we encounter in everyday life. It occurs when fuel burns, when steel rusts, when wounds are cleaned with hydrogen peroxide and even when a cut apple …
Read More »Ghana Tests Resource Governance in $500 Million Gold Mine Handover
Ghana’s boldest push yet to reclaim control of its mineral wealth is turning into a high-stakes litmus test for resource governance in Africa’s largest gold producer. Following the handover of the Damang Gold Mine to local contractor Engineers & Planners (E&P) after South African giant Gold Fields Ltd. was pushed …
Read More »Ghana urges Zimbabwe to Lock in Policy Certainty to Unlock Mining Boom – Update
Zimbabwe can secure its place among Africa’s premier mining destinations if it maintains a predictable regulatory environment and resists the temptation of short-term tax grabs, according to a regional industry leader. Abundant geological reserves are no longer enough to guarantee economic success in an increasingly competitive global market, Kenneth Ashigbey, …
Read More »Tesla-Linked Manganese Mine in Ghana Creating Toxic Waste, Activists Say
A giant manganese mine in Ghana that feeds the global electric-vehicle battery supply chain is generating toxic wastewater and hazardous dust, creating a severe environmental and health crisis for local communities, according to an investigation by environmental watchdog Global Witness. The Nsuta mine, located in western Ghana’s Tarkwa Banso region, …
Read More »SKF Morocco’s full value chain approach secures major order
Through a coordinated effort spanning SKF Northwest Africa’s sales and technical teams, SKF’s regional supply chain and its authorized distributor in Morocco, an order for a total of 144 bearings of varying types was secured from a prominent business in Morocco’s steel industry. The seamless collaboration is delivering an integrated …
Read More »West Africa Seeks Industrial Payoff from Mining Sector Overhaul
The West African economies are accelerating a shift in mining policy as governments move to reposition the sector from a primary extraction base toward a broader industrialisation engine, with reforms, value addition and energy reliability emerging as central pillars. This direction of travel was underscored at the West African Mining …
Read More »Gold Fields Faces Regulatory Headwinds as Rising Costs Squeeze Margins
Gold Fields Ltd.’s long-standing footprint in West Africa is facing fresh political scrutiny just as macroeconomic pressures test the bullion miner’s global operations. An intensifying national debate in Ghana over whether the government should honor the automatic renewal of Gold Fields Ghana Limited’s mining lease in Tarkwa has thrown a …
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