Explosion at Apiate: Maxam Suspension to impact the mining industry in Ghana – AGA Manager
The Government of Ghana has suspended the license of a mining services contractor; Maxam Limited, following a huge explosion at Bogoso-Apiate on Thursday, January 20, 2022. A statement from the Ministry of Lands and Natural Resources which disclosed the suspension also indicated that the Chief Inspector of the Mines has been interdicted, as investigations into...
Read moreAsante Gold announces PW Mining as her Bibiani Mine contractor
Vancouver, British Columbia, January 10, 2022 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE: ASE/ /Frankfurt:1A9 / USOTC: ASGOF).(“Asante” or “Company”) has announced that a contract to engage in mining activities at the Bibiani Mine has been awarded to PW Mining (Ghana) (“PW Mining”) and mobilization to the site has begun. (This comes just after the recent...
Read moreGovernment’s timely intervention at Ghana Bauxite Company will ensure sustainability-George Mireku Duker
Hon. George Mireku Duker, the Deputy Minister for Lands and Natural Resources in charge of Mining, has allayed fears of workers at the Ghana Bauxite Company (GBC) stressing that some initiatives undertaken by the government will guarantee the long-term survival of the company. The future of the company he said, has been a subject of...
Read moreGhana and Nigeria pursue Ethiopia’s financial model on small scale mining.
Bank of Ghana (BoG) will soon start a gold purchase programme from the small-scale mining sector. This was announced by Vice President Mahamudu Bawumia of the Republic of Ghana at the maiden edition of the Responsible Small-Scale Mining Awards in Accra. According to Bawumia, after series of discussions, the Central Bank agreed to start this...
Read moreHummingbird Resources first gold at Kouroussa scheduled for Q2 2023
Hummingbird Resources has provided an update on the Kouroussa Gold Mine project in Guinea. Kouroussa is forecast to be a high-grade, low-cost mine that will produce between 120,000-140,000oz for the first three years of production, and an average 100,000oz over the initial seven-year life of mine, with upside potential for further exploration. Mobilisation of equipment...
Read moreGovernment to start auditing large-scale mining firms in 2022 – George Mireku Duker
The Government of Ghana, through the Ministry of Lands and Natural Resources will from next year, constitute a team to audit large-scale mining companies to ensure adherence to the mining laws and regulations. George Mireku Duker, a Deputy Minister of the Ministry in charge of Mines, made this known during an interaction with representatives of...
Read moreGHS 354 million Minerals Income Investment Fund Small Scale Mining Incubation Programme ready for 2022
Given the unprecedented surge in gold price and the colossal gains most mining companies made last year, General Secretary, Ghana Mineworkers’ Union (GMWU), Abdul-Moomin Gbana said the Union expects that mining companies would take strategic advantage of the boom to invest in modern infrastructure and expand existing ones, increase production, and intensify exploration activities, among...
Read moreAsantehene calls for more involvement of chiefs in the issuance of mineral titles in Ghana.
After rejecting a section of the new Lands Act 2020 that empowers the citizenry to take chiefs to court to account for land sales, The Asantehene, Otumfuo Osei Tutu II, instead called for more involvement of the indigenous people in licensing of concessions. This the Asantehene believes would represent fair and shared ownership, engender organic...
Read moreProper regulation of the mining sector needs integrity – Samuel Jinapor
The Minister for Lands and Natural Resources, Hon. Samuel Abu Jinapor has called on all stakeholders of the mining sector to put hands on deck and ensure proper regulation of the sector. The Minister is of the view that the mining sector cannot be properly regulated if all stakeholders do not discharge their duties with...
Read moreGovernment of Ghana rolls out 6 Community Mining Schemes – 31,000 direct and indirect jobs expected
Government has launched six community mining schemes in the so called “galamsey” endemic areas of the country to address the issue of illegal mining. The schemes, which are being rolled out in six mining areas in the Western, Ashanti and Eastern Regions of the country are expected to enable willing persons to mine in a...
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