UAE-based precious metals refinery Al Etihad Gold has confirmed its participation as a Bronze Sponsor at the upcoming Mining in Motion 2025 Summit, scheduled to take place from 2 to 4 June in Accra, Ghana. The summit, held under the theme ‘Sustainable Mining and Local Growth – Leveraging Resources for …
Read More »AngloGold and Gold Fields Pause Ghana JV to Focus on Individual Mine Plans
South African gold giants AngloGold Ashanti and Gold Fields have agreed to pause discussions on the proposed joint venture (JV) between their neighbouring Iduapriem and Tarkwa mines in Ghana, shifting their immediate focus to optimising standalone operations. Initially announced in March 2023, the JV aimed to combine the two large …
Read More »Ghana Chamber of Mines Backs Legal Small-Scale Mining
The Ghana Chamber of Mines has reaffirmed its support for licensed and regulated small-scale mining, in line with national laws. Speaking during the ‘Unearth Potential: The Future of Mining in West Africa’ webinar hosted by Creamer Media, Acting Chief Executive Officer Ahmed Nantogmah noted the importance of distinguishing between legitimate …
Read More »Resolute Mining Pounces on Ivorian Gold Bonanza in Bold $150m Deal
Resolute Mining, the Perth-based gold producer with a significant African footprint, has dramatically expanded its portfolio with a daring $150 million swoop for two promising gold projects in Côte d’Ivoire. The acquisition of the Doropo and ABC projects from mining heavyweight AngloGold Ashanti marks a significant strategic shift for Resolute, …
Read More »Ghana and South Korea Forge Green Alliance Amidst Galamsey Woes
In a move signaling a deepening commitment to environmental sustainability, the Republic of Korea has pledged its unwavering support to Ghana as the West African nation grapples with pressing ecological challenges, not least the pervasive scourge of illegal mining. The Korean Ambassador to Ghana, His Excellency Park Kyongsig, extended this …
Read More »Galamsey Gold Rush Gang Busted: Minister Pulls Plug on Akonta Mining’s Forest Foray
A gold mining firm, Akonta Mining Company Limited, has been sensationally stripped of all its mining licenses following explosive allegations of rampant illegal mining (galamsey) and flagrant breaches of environmental regulations. In a dramatic press conference held on Monday, Lands and Natural Resources Minister, Emmanuel Armah Kofi Buah, revealed a …
Read More »Ghana Sets April 30 Deadline for Foreign Exit from Gold Market.
Africa’s top gold producer is moving away from a system whereby local and foreign businesses with export permits can purchase and export gold from artisanal or small-scale mining. In a decisive move, Ghana has ordered all foreigners to leave the local gold trading market by April 30 in a forceful effort to tighten control over its gold sector. The directive is part of a larger plan to formalize artisanal and small-scale gold mining (ASGM), reduce smuggling, and …
Read More »Newmont concludes $4.3bn divestment of operations in Ghana and Canada
The divestitures are part of Newmont’s non-core asset divestiture programme. Credit: Below the Sky/Shutterstock. Newmont has completed the previously announced divestment of its Akyem operation in the Republic of Ghana and its Porcupine operation in Canada. The divestitures are part of Newmont’s non-core asset divestiture programme, which is projected to …
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