The end of South Africa’s loadshedding era has not reduced demand for standby power as it has raised the bar for how that power is deployed. Across the African continent, businesses are moving from reactive emergency backup to a more sophisticated, integrated approach to energy resilience and the market is …
Read More »Bogoso–Prestea Mine Finds Its Commercial Anchor in Trafigura
One of the world’s leading commodity trading groups has made its first move in Ghana’s gold sector, signing an offtake agreement and providing $65 million in debt financing to support the restart of one of West Africa’s most historically significant gold operations. Trafigura has agreed to purchase 700,000 ounces of …
Read More »Gold Fields nears completion of Damang mine handover to the Ghanaian government – Updated
The transition of the Damang gold mine from Gold Fields to the government of Ghana is reaching its final stages, with the official transfer of ownership scheduled to take place on 18 April. This follows a structured year-long handover process designed to protect the mine’s operational longevity and ensure economic …
Read More »Gold Fields Faces $740m Legal Hurdle Amid Ghana Lease Negotiations
Gold Fields is currently navigating a high-stakes legal confrontation with its primary contractor, Engineers & Planning (E&P), which threatens to complicate the renewal of its mining licences in Ghana. The dispute involves two significant claims totalling $740 million, with $474.9 million linked to the Tarkwa mine and $264.7 million related …
Read More »Damang Mine Handover Draws Praise for Putting Process First
The impending expiration of the Damang Mine lease is being handled with a level of transparency and regulatory rigour that industry watchdogs say sets a new standard for mineral rights governance in Ghana. Lands and Mines Watch Ghana has commended Minister for Lands and Natural Resources Emmanuel Armah-Kofi Buah for …
Read More »Martin Engineering introduces conveyor dust control innovations
The global leader in belt conveyor technology, Martin Engineering, introduced the next generation of safe and effective transfer point dust control equipment. After rigorous testing across many applications, the Martin® ApronSeal™ Urethane Skirting, GravitySeal™ Self-Adjusting Urethane Skirting, and the A.I.R. Control™ Dust Curtain outperformed similar products in tackling fugitive dust …
Read More »Chinese based UMOE to deliver first cylinders for global hydrogen projects
UMOE Advanced Composites (UAC), a global supplier of large Type IV glass fibre pressure gas storage and transportation modules, has reached a key operational milestone with the first composite cylinders rolling off the production line at its new manufacturing facility in Jiaxing, marking the start of industrial production at the …
Read More »Two Decades In, Newmont Backs Ghana With $900m
Few foreign investors have shaped Ghana’s modern mining landscape as decisively as Newmont Corporation. Over nearly two decades of operations, the American mining giant has moved from exploration partner to one of the country’s largest taxpayers, employers and industrial investors and it is not done yet. Newmont operates two of …
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