Top 10 largest gold mining companies in 2022 ranked by reserves
5 of the Top 10 largest mining companies saw a positive percenatge growth from 2021 to 2022. Gold Fields and Barrick registered 9% growth each from a difference of 4.7 Moz and 7 Moz of Au Reserves respectively. Harmony was the greatest loser among the Top 10, dropping down 12% from 3.3 Moz of Au...Read more
DIRECT-HIRE VS. CONTRACT LABOUR IN MINING AND IN GEOLOGY: WHAT ARE THE DIFFERENCES?
Contract mining appears to be an emerging model in the industry. When companies need help with recruitment services, one of the first things the recruiting agencies ask is whether the position is a contract labor or direct placement opportunity. This is because a direct-hire vs. contract labor position will determine the type of recruiting and...Read more
Are women leaving the mining industry? – a McKinsey findings.
Women are underrepresented at all levels within mining companies. Yet opportunities remain for the industry to boost female recruitment, retention, and advancement. A research findings by McKinsey show why women are leaving the mining industry and what mining companies can do about it. Women represent an estimated 8 to 17 percent of the global mining workforce....Read more
Ghana Government says, Gold Fields, Kosmos, Tullow and MTN, owe back taxes
Perhaps, it is a strategy, but the Government of Ghana appears to be very desperate. She needs short to medium term solutions in bringing back the economy to life as promised the citizens during the covid-19 pandemic. The economy has been in distress for a while now. Some of the short term measures were for...Read more
The Galamsey Fight – No Solution In Sight, unless we Unite
Where Does the Best Come From? The best comes from the west, they say. And this is a truism for most Ghanaians. Indeed, to the psychic of the ordinary Ghanaian, towards the far west in the International conceptual framework is the United States of America, USA, where goodies come from. Nationally too, gold, manganese, timber,...Read more
Ashia Huang still doing Galamsey in Ghana, and arrested again.
Popular Chinese woman reported to be a kingpin in the galamsey business, Huang Ruixia alias Aisha Huang has been arrested again and arraigned for fresh charges. Aisha Huang, who was a household name in Ghana five years ago, was charged together with three others for engaging in sales and purchases of minerals without a licence....Read more
Indonesia revokes thousands of mining permits covering over 3 million hectares that will be redistributed
JAKARTA – Indonesia’s investment minister said more than 2,000 mining permits for various minerals have been revoked amid efforts to tighten the sector’s governance and plan for land redistribution. The ministry has revoked 2,065 permits covering more than 3.1-million hectares (7.6-million acres) of land across the country, Investment Minister Bahlil Lahadalia told reporters on Friday....Read more
Is Geoscience Dieing? The Challenge of recruiting passionate Gen Zs
Generation Z, also known as GenZ or Zoomers, are known to be technologically adept, diverse, trendy, pragmatic and financially minded. They have a wide variety of interests. Geoscience is definitely not one of them. That worries Claudia Mora, in part because she’s a former president of the Geological Society of America with a long career...Read more
Two communities resettled in Ghana for large scale mining to progress
Two new modernised communities have been commissioned in the Talensi District of the Upper East Region as part of resettlement package to pave way for large scale gold mining activities. The two communities, Digaare (Accra Site) and Biung were on land that had been leased out to the Cardinal Namdini Mining Limited, a subsidiary of...Read more
Galamsey, or Illegal Mining to Deplete Ghana’s Cocoa Harvest this Year
Severe drought and illegal mining in Ghana are expected to drastically reduce the country’s cocoa when harvesting begins in September. According to Bloomberg, Ghana’s cocoa regulator had originally forecast a crop of 950,000 tons for 2022. The harvest was however hit by long dry spells early in the season and is expected to be an...Read more
Small-scale miners in Ghana to post reclamation bonds in September
The Environmental Protection Agency (EPA) has served notice that beginning September this year, it will enforce the law that requires small-scale mining companies operating in the country to post reclamation bonds for reclaiming mined lands. Regulation 23 of the Environmental Assessment Regulations, 1999 (L.I 1652) mandates the EPA to ensure that prospective small-scale miners post...Read more