Gold

Gold Fields has submitted a lease-renewal proposal for its Tarkwa gold mine in Ghana, moving to secure the long-term future of one of its biggest operations after watching Ghana decline to renew the lease on its smaller Damang mine earlier this year. Tarkwa produced about 427,000 ounces of gold in …

State-controlled mining investor ZCCM Investments Holdings expects to unlock more than $1.8 billion from the country’s small-scale gold industry by adopting Ghana’s model for formalising the sector, its chief executive officer said. ZCCM Investments Holdings Plc CEO, Kakenenwa Muyangwa said official gold exports can be significantly increased by regularising the …

ACCRA — The International Monetary Fund warned Ghana against becoming overly reliant on gold exports, cautioning that the West African nation’s impressive macroeconomic recovery is increasingly anchored to a single commodity vulnerable to global price shifts. The warning, delivered in the IMF’s 2026 Article IV Consultation report, follows the conclusion …

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 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 …

The government is set to limit mining lease renewal to a maximum of ten years, according to the new cabinet approved law expected to be gazetted soon. The development revokes the old mining legislation which allowed for a 30-year extension, slashing the length of time companies can operate mines in …

Momentum at the Kobada Gold Project is shifting from groundwork to execution, with Toubani Resources preparing to access its first tranche of stream financing as construction activity intensifies across the site in southern Mali. The company is entering a more capital intensive phase, where timelines, contractor mobilisation and equipment logistics …

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 …