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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 …

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 …

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 …

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 …

Ghana’s illegal mining problem has entered a more troubling phase. What was once characterised primarily as an environmental and economic crisis is increasingly acquiring the hallmarks of an armed security threat, with weapons proliferating across mining zones in ways that are alarming military commanders and policymakers alike. The warning came …

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 …

Clearer rules, stronger state participation and a deliberate push to process minerals at home, the reform agenda reshaping Africa’s mining sector is gaining momentum and the capital flows are beginning to follow. Liberia is among the most active movers, preparing to introduce a new Mining Code within the next three …

ACCRA – In a bold assertion of resource sovereignty, Ghana moved forward on Tuesday with a landmark sliding-scale royalty regime, effectively ending a long-standing flat-tax era for Africa’s largest gold producer. The shift, which ties state collections directly to the surging global price of bullion, proceeded despite an unprecedented joint …