Gold

By : Paul Chirwa Ghana’s artisanal and small-scale gold mining (ASGM) sector has entered a high-growth era, nearly doubling its economic footprint to generate nearly $10 billion in export revenue in 2025. This surge from the $5 billion recorded just a year prior has fundamentally reshaped the nation’s fiscal landscape, …

Appian Capital Advisory, the investment advisor to long-term value-focused private capital funds that invest in companies in metals, mining, and adjacent industries. The completion of a US$150 million acquisition financing package to Atlantic Group is to support the buyout of Tongon gold mine in Côte d’Ivoire from Barrick Mining Corporation. …

Ghana, Africa’s foremost gold producer, has initiated its most extensive mining audit in a decade, a move targeting major gold companies to recover lost national revenue and significantly strengthen regulatory oversight, according to a government letter cited by Reuters. This nationwide effort reflects a broader trend across West Africa, where …

Fortuna Mining is aggressively pursuing its strategic objective of reaching 500,000 ounces per year (oz/y) of gold production, with the Diamba Sud gold project in Senegal poised to be a major catalyst. CEO Jorge Ganoza confirms the precious metals miner is fast-tracking the project toward a construction decision following a …

The Democratic Republic of Congo will start building gold reserves to bolster its currency and lift its economy, the central bank governor said, joining a rush in Africa and elsewhere to stockpile the precious metal as prices soar. Gold prices, which hit record highs above $4 000 an ounce on …

A surge in artisanal gold mining fueled by booming bullion prices is driving dangerous levels of mercury and arsenic contamination in Ghanaian communities, according to a stark new government-backed study. The joint report by the New York-based environmental group Pure Earth and the Ghana Environmental Protection Authority found soil readings …

Resolute Mining has invested USD 150 million to expand its West African operational footprint by acquiring two projects from AngloGold Ashanti. The Australian mining company purchased the Doropo and ABC gold projects in Côte d’Ivoire, while also transferring its Guinean exploration permits to AngloGold as part of the agreement. Resolute …

In a seismic shift that has rewritten Ghana’s economic narrative, President John Mahama today declared a record-shattering $5 billion in export value from the nation’s artisanal and small-scale mining (ASM) sector so far in 2025. This unprecedented windfall, overseen by the newly minted Ghana Gold Board (GOLDBOD), marks a historic …