News

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 …

West Africa’s leading heavy equipment dealer, HMD Ghana is preparing for a major announcement at WAMPEX 2026. As a Bronze Sponsor of the region’s largest mining and power exhibition, HMD will reveal a new protection programme alongside its Partner Brand Tuboshu, a move both companies say will redefine equipment ownership …

The African Development Bank Group launched a Mission 300 Progress Tracker, at the African Development Bank Group’s 2026 Annual Meetings in Brazzaville, Congo. According to the financial institution, the public digital platform provides real-time data on electricity access across Africa, it offers project-level visibility into Mission 300 supported operations, enabling …

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 …

Turning collaborations into action, Mining Indaba 2027 is expected to shift from collaboration alignment to execution. Scheduled for 8th to the 11th of February 2027, under the theme: ‘Stronger Together: Partnerships in Pracitce’, marks the annual event’s move into a new chapter, the second of three. The theme is coined …

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. …

Ghana’s hard-earned reputation as a stable and premier destination for mining capital faces a critical test as escalating policy uncertainty, lease revocations, and administrative delays threaten to undermine investor confidence. The West African nation, which stands as Africa’s top gold producer, is grappling with growing anxiety within its extractives sector …