Golden Star Resources Ltd. (NYSE American: GSS) (TSX: GSC) (GSE: GSR) (“Golden Star” or the “Company”) reports its financial and operational results for the third quarter ended September 30, 2020. Q3 2020 AND YEAR TO DATE HIGHLIGHTS: On September 30, 2020 the Company completed the previously...
After a first export of gold, IMPACT (https://IMPACTTransform.org/en/) and the European Union announced today that a traceability and due diligence system from mine site to the international market for artisanal gold from Côte d’Ivoire has been successfully implemented as part of the Just Gold...
For the past 62 years, Nigeria has drilled a total of 45 american trillion barrels of oil but has little to show for it in the socio-economic lives of the ordinary Nigerian. So, in 2000, the Obasanjo Government set up the Niger Delta Development...
The Russian company, Nordgold, headquartered in the United Kingdom appears to be winning the battle of Namdini over the Chinese Miner Shandong. NordGold re-valued Cardinal Resources Namdini Gold Project at A$347 million based on 100% of the ordinary equity on issue and made a...
Members of Parliament have backed mining lease agreements between the government and 14 mining entities under the Asaase Royalties Limited special purpose vehicle associated with the Royalty Monetization provision of the Minerals Income Fund Act of 2018 (Act 978). The leases are AGA Miradani...
by Raymond Kudzawu-D’Pherdd In June 2020, Shandong Gold Mining of China made an offer of A$0.60 a share in cash for Cardinal Resources Namdini Project. This offer beat a preliminary proposal announced by Nordgold in March 2020 of A$0.45775 a share for the same...
By Raymond Kudzawu-D’Pherdd. Three separate earth tremors hit the south eastern part of Ghana on Wednesday June 24, 2020. They lasted for a period of about 10 minutes. The first of the tremors was felt across Accra, Tema, Teshie, Burma Camp, Legon and surrounding...
Cardinal Resources announced that it had entered into a bid implementation agreement with the Chinese Shandong Gold Mining on June 18, 2020 for the Namdini Project. Consequently, Shandong Gold Mining is said to have made a quick move to buy this Australia-headquartered gold junior...
The unbridled informal mining activities and the associated environmental degradation in Ghana necessitated a prolong governmental ban on all artisanal and small scale mining activities in the country. This temporarily provided improvements in the country’s water bodies. Unfortunately, the situation today appears to be...
Using the “All-In-Sustaining-Cost” (AISC) which is a mining metric that estimates all direct and recurring costs required to mine a unit of ore, three best performing mines in Ghana appear on the West African Mining Province: they are Newmont Akyem Mine, Asanko Gold Mine...
Researchers from the Max Planck Institute have discovered new two-dimensional semiconducting property of crystalline single atomic layers of gold when paired with equal thickness of silver. Metals are usually characterized by good electrical conductivity. This applies in particular to gold and silver. However, the...
By Raymond Kudzawu-D’Pherdd In spite of a 6% annual increase in production in 2019, Ghana lost her number one position in gold production on the continent in the first quarter of 2020. The country produced 700 koz of gold in the first quarter of...
