Gold

The numbers are stark, artisanal and small-scale mining accounted for approximately 52% of Ghana’s gold output in 2025 yet the sector contributed less than 2% of the mining industry’s total tax revenue to the state. Ghana’s Chamber of Mines has put those figures on the table at the 2026 West …

The Bank of Ghana will increase its mandated bullion purchases from large-scale mining companies to 30% of their output, up from the current 20%, as the West African nation intensifies efforts to shore up national reserves and support its embattled currency. The central bank finalized negotiations to transition its purchasing …

Ghana’s government will require Gold Fields Ltd. to submit detailed development plans for formal state review before renewing the mining lease for its flagship Tarkwa operation, moving away from past practices of automatic extensions. The Johannesburg-based miner must present its long-term strategy to a technical committee, followed by a presentation …

Escalating tensions between the United States and Iran pushed gold to a two month low, as renewed inflation concerns strengthened the dollar and lifted oil prices, while markets awaited key U.S. inflation data for further direction. Spot gold declined 1.5% to $4,389.99 per ounce as of 0902 GMT, after earlier …

Eight people have been arrested for illegal mining in the Amomaso Forest near Berekum Municipality in Ghana’s Bono Region, after local residents apprehended the suspects and held them pending police arrival, a direct example of the community vigilance that authorities have been urging across the country’s most vulnerable forest areas. …

Galiano Gold (TSX, NYSE-A: GAU) has significantly bolstered the growth profile of its Asanko Gold Mine in Ghana, following the release of exceptional drilling results that extend the Abore deposit well beyond its current mineralised boundaries. The Vancouver-based producer revealed on Monday that recent intercepts have confirmed robust extensions of …

The Ghanaian government has issued a clear ultimatum to some of the world’s most prominent gold producers, demanding they transition their operations to local contractors by December 2026 or face severe penalties. International firms including Newmont, AngloGold Ashanti, and the Chinese-owned Zijin are currently under pressure to align with revised …

ACCRA – In a bold assertion of resource sovereignty, Ghana moved forward on Tuesday with a landmark sliding-scale royalty regime, effectively ending a long-standing flat-tax era for Africa’s largest gold producer. The shift, which ties state collections directly to the surging global price of bullion, proceeded despite an unprecedented joint …