Latest News for: Ghana gold mines


Mining sector key to realising GH¢1trn economy – Jinapor

B & FT Online 29 Nov 2023
Today, Ghana is the leading producer of gold on the African continent. The mining sector’s contribution to our foreign exchange earnings is strong,” – citing benefits of the Gold for Oil programme as a major intervention to that effect ... “The Gold for Oil Programme is alongside the Domestic Gold Purchase Programme of the Bank of Ghana.

Ghana Mining Expo pushes for community development agreement policy

B & FT Online 28 Nov 2023
Miles Larmer, currently Head-African studies, Florida University, a discussion with Ghana Gold Expo team and some local mine owners shared critical insights on mining companies’ practices; the transparency of non-financial reporting that government needs to under-study; and a ...

Russia to build gold refinery in West Africa

Russia Today 23 Nov 2023
Mali ranked among Africa’s top four gold-producing countries last year, behind South Africa, Ghana, and Burkina Faso, with an output of 66.2 tons of industrial gold. While Mali’s mining industry is dominated by gold extraction, the country also produces diamonds, rocksalt, phosphates, semi-precious stones, bauxite, and iron ore.

Embrace GoldKacha technology for environmental sustainability – small-scale miners urged

B & FT Online 20 Nov 2023
The gold mining sector, he said, has long been a major contributor to Ghana’s economy, remaining the highest export earner with US$6.6billion in export earnings for 2022 ... Sammy Bonzoh, a miner at Fanti Mines in Abosso, encouraged the gold miners to buy the GoldKacha machine – which gives more recovery of gold.

Gold Fields maintains full year guidance despite SA, Aussie and Ghanaian headwinds

Independent online (SA) 17 Nov 2023
On a quarter on quarter basis, the gold miner’s output remained 6% lower, with its largest volume decline recorded in the Ghana region on account of production volume reduction at one mine and safety related stoppages at another ... In Ghana, Gold Fields’ production dropped 14% year on year to 185 000 ounces while costs rose 33% to $1 503 per ounce.

Gold Fields' Production Falls Across Regions -- Commodity Comment

Market Watch 16 Nov 2023
Gold Fields third-quarter output fell on year on declining production across its regions, with the largest slide reported in Ghana, while costs rose across its operations ... "The largest decline in production volumes year-on-year was reported in the Ghana region, which in line with the mine plan is reducing production volumes at Damang.

Rainforest Alliance, partners help tackle poverty among vulnerable cocoa communities

B & FT Online 13 Nov 2023
This support forms part of the “Ye Ne Yen Mmofra No Nti” project which has introduced a Tool called the Human Rights Due Diligence Toolkit prepared for cocoa cooperatives, mining firms, gold associations, and groups operating in the cocoa and gold sectors of Ghana, Côte d’Ivoire and globally.

ACTOM Industry secures contract to upgrade winder drive, gold system at Ghanaian gold mine

Mining Weekly 08 Nov 2023
After many years of trying to break into the Ghana gold mining market with its modern mine ...

MIIF engages CSOs and mining stakeholders in first ever forum

Business Ghana 06 Nov 2023
The Forum was attended by Civil Society Organizations, partner agencies such as the Mineral Commission, EOCO, Ghana Revenue Authority and industry players such as the Chamber of Mines, Academia and selected members of the media ... “ Ghana has not realized yet the full value that we deserve from mining gold over hundreds of years.

Swiss foreign minister visits Central and West Africa

Swissinfo 06 Nov 2023
+ How gold mining in Ghana is threatening Swiss chocolate At the conference, the member states defined 20 cooperation programmes for the coming years in areas such as education, the rule of law and ...

Ghana’s extractive industry viable for investment – Lands Minister

Business Ghana 01 Nov 2023
Mr Jinapor was speaking at the Country Promotion Session for Ghana at the 25th China Mining Conference and Exhibition, held in Tianjin, China, on Friday ... “Leveraging a Century of Mining to Enhance Value Addition for the Develop­ment of Ghana.” ... He said the Ghana ...

Shandong Gold to pour first gold by 2024

B & FT Online 31 Oct 2023
In Ghana, their major project is the Cardinal Namdini Mine ... He stressed that Shandong Gold is committed to using environmentally-friendly mining practices in Ghana to set an example for all of Africa ... Jinapor also suggested that Shandong Gold should invest into other mining projects in Ghana and focus on adding value to them.

Newmont 3Q Net Earnings Down, Sees Newcrest Deal Closing Nov 6

Market Watch 26 Oct 2023
In May, Newmont agreed to buy Australian rival Newcrest Mining for about $17.5 billion, the largest ever merger of gold miners ... The reduction reflects a strike at Newmont's Mexican Peñasquito property, lower production from its Nevada Gold Mines and Pueblo Viejo joint ventures, and lower production at its Ahafo mine in Ghana due to machinery issues.

Galamsey: A process of destruction

B & FT Online 24 Oct 2023
Galamsey, which stems from the Ghanaian phrase “gather them and sell”, signifies the illegal small-scale gold mining industry in Ghana ... These miners primarily operate in the southern part of Ghana, where substantial gold reserves are concentrated – often in proximity to larger mining companies.

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