The Ghana Chamber of Mines says it has begun engagements with Adamus Resources Limited and relevant regulatory authorities following government’s decision to uphold the revocation of the company’s Akango, Salman …
Extractives
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EconomyExtractivesMiningTop Story
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EconomyExtractivesMiningTop Story
Gov’t, miners agree on 30% gold supply under reserve accumulation programme
The government and large-scale mining companies have signed an agreement to implement the Ghana Accelerated National Reserve Accumulation Programme (GANRAP), under which mining firms will sell 30 percent of their …
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Banking & FinanceEconomyExtractivesInvestmentsTop Story
Gold dependence raises fresh export diversification concerns
Ghana’s growing dependence on gold for export earnings has renewed concerns about the vulnerability of the economy to swings in international commodity prices, with the International Monetary Fund (IMF) warning …
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The Government of Ghana is redoubling its efforts to diversify the country’s export earnings away from an increasingly inordinate over-reliance on gold, following the warning from the International Monetary Fund …
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Banking & FinanceEconomyExtractivesInvestmentsTop Story
IMF calls for permanent end to BoG quasi-fiscal operations after GH¢22bn DGPP losses
The International Monetary Fund (IMF) has called on the Bank of Ghana (BoG) to permanently discontinue quasi-fiscal activities after the Domestic Gold Purchase Programme (DGPP) recorded losses of GH¢22 billion …
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ExtractivesFeature / AnalysisInvestmentsMining
Tarkwa Mine: Why a state takeover is the wrong answer
The proposal by governance and international relations expert Dr David Agbee that the Government of Ghana should assume majority ownership of the Tarkwa Gold Mine after Gold Fields’ lease expires …
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Banking & FinanceEconomyExtractivesMiningTop Story
GoldBod delivers US$15bn forex boost as government credits policy for cedi stability
Government has credited the Ghana Gold Board (GoldBod) with generating an additional US$15 billion in foreign exchange inflows, describing the intervention as a major factor behind the strengthening of the …
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Banking & FinanceEconomyExtractivesTop Story
BoG ends GoldBod prefinancing as MPC reviews liquidity impact
The Bank of Ghana (BoG) has ended its prefinancing arrangement for the Ghana Gold Board’s (GoldBod) domestic gold purchases, marking a significant shift in the central bank’s liquidity management strategy. …
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AfricaBanking & FinanceExtractivesMiningTop StoryTrade
Africa wants to make its critical minerals a lever for industrialization
African ministers, representatives from continental institutions, the private sector, and development partners have called for Africa’s critical minerals to drive a new era of economic transformation, industrialisation and job creation …
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The Ghana Chamber of Mines has opened nominations for the 12th edition of the Ghana Mining Industry Awards (GMIA), calling on mining companies, contractors, service providers and industry professionals to …
