A push to expand local participation in Ghana’s mining sector is now forcing a closer look at the economics of contract work, with regulators developing minimum wage and tender benchmarks to prevent aggressive bidding from undermining worker pay, training and safety. The Minerals Commission is preparing the measures as the …
Read More »Cora Strengthens Board as Sanankoro Moves Towards Construction
With Sanankoro moving towards construction and production, Cora Gold is strengthening its board with operational and project-delivery experience from across West Africa’s gold industry. The company has appointed metallurgist Russell White as a Non-Executive Director, bringing more than 40 years of experience in mineral processing, project delivery and mine operations …
Read More »$800 Million Infrastructure Windfall From Mining Reforms in Mali
Mali has noted that it could leverage revenues from its overhauled mining sector to raise up to 500 billion CFA francs, or US$883.1 million, for energy, water and transport projects, the clearest signal yet of how the military government intends to deploy the windfall from its 2023 mining code reform. …
Read More »SKF SA extends engineering excellence across Africa
SKF South Africa’s Application Engineering Services cover a wide suite of solutions including installation, lubrication systems, condition monitoring and bearing remanufacturing. At the core of the company’s Application Engineering strategy is a commitment to move beyond the development and installation of housings, bearings and sealing systems by integrating reliability services …
Read More »Africa’s Mining Bargain Rewritten as Zambia, Ghana Demand Bigger Share of Wealth
Across Africa’s mineral-rich heartlands, the traditional deal between sovereign states and global mining conglomerates is being aggressively renegotiated. Driven by geopolitical competition for critical minerals and frustration over decades of raw commodity exports, governments from Zambia’s copper belt to Ghana’s gold fields are telling foreign investors that access to underground …
Read More »Ghana urges Zimbabwe to Lock in Policy Certainty to Unlock Mining Boom – Update
Zimbabwe can secure its place among Africa’s premier mining destinations if it maintains a predictable regulatory environment and resists the temptation of short-term tax grabs, according to a regional industry leader. Abundant geological reserves are no longer enough to guarantee economic success in an increasingly competitive global market, Kenneth Ashigbey, …
Read More »Gold Fields Faces Regulatory Headwinds as Rising Costs Squeeze Margins
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 …
Read More »Mining Sector is Pushing Back Against Raw Material Exports
Ghana’s Minister of Lands and Natural Resources Emmanuel Armah-Kofi Buah used the opening of the 19th West African Mining and Power Expo (WAMPEX) in Accra to declare that Africa’s top gold producer is done treating mining as a resource extraction exercise. The country wants it to drive industrialisation, generate employment, …
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