Gold Fields Ltd. and the Government of Ghana have significantly improved their relationship following a resolution over the future of the Damang mine, according to Gold Fields CEO Mike Fraser. Fraser, speaking on a media call in Johannesburg, addressed previous tensions, stating, “We were in a difficult position in March… …
Read More »World Bank’s energy plan blamed for debt, high costs
A recent report alleges that a World Bank-backed strategy to develop Ghana’s oil and gas sector has saddled the nation with crippling debt and an expensive, unreliable power grid. The findings from ActionAid Ghana and SOMO, a civil society organization, challenge the long-held view that fossil fuels would be a …
Read More »Bui Power Authority spearheads renewable energy push
Ambitious plans to accelerate the nation’s shift toward a cleaner energy future have put Bui Power Authority (BPA) at the forefront of the drive. Joseph Nkrumah, Assistant Manager of Project Development (Renewables) at BPA, highlighted the company’s pivotal role in developing a diverse portfolio of green energy projects. BPA has …
Read More »Ghana Scraps Rocksure Bauxite Deal, Courting Foreign Majors for $1.2 Billion Project
Ghana has voided a $1.2 billion bauxite development lease with local firm Rocksure International, pivoting to international partners to unlock one of West Africa’s most significant untapped reserves. The move, aimed at attracting long-term investment, signals a strategic shift for the nation that ranks seventh globally in bauxite resources but …
Read More »ACTOM opens new customer experience centre
ACTOM is putting customers front and centre with the launch of a new Customer Experience Centre at the Knights facility in Boksburg, Johannesburg. Designed to deliver greater visibility, accessibility, and insight, the Centre allows clients to interact with operational, full-scale equipment and discover how ACTOM’s technologies work together to solve …
Read More »Ghana Reclaims Mining Destiny: A New Dawn for Resource Control
In a move signaling a seismic shift in Ghana’s resource landscape, the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has announced a landmark deal that will see a major, decades-old mine return to full Ghanaian ownership by March next year. This assertive declaration, made during the Government Accountability …
Read More »Gold Rush: Ghana’s Small-Scale Miners Strike Billions, Outshining Giants
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 …
Read More »Renaissance Africa Energy Joins AEW 2025 as Silver Partner Amid $15bn Growth Drive
Renaissance Africa Energy has confirmed its participation as a Silver Partner at African Energy Week (AEW): Invest in African Energies 2025, set for 29 September to 3 October in Cape Town. The announcement follows the Nigerian consortium’s robust start to the year, surpassing its oil production target by 40% in …
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