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News
Burkina court annuls Karma gold deal as legal battle widens
1+ hour, 1+ min ago (493+ words) A commercial court in Burkina Faso has annulled a gold purchase agreement involving Franco-Nevada Corporation, registered in Barbados and Sandstorm Gold Limited of Canada, ordering the companies to pay Burkinabe company, Riverstone Karma SA CFA5.2 billion approximately $9.3 million in damages in…...
President Mahama is succeeding in nation’s fight against gold smuggling - Minister
2+ hour, 18+ min ago (523+ words) Mr Haruna Iddrisu, the Minister of Education says President John Dramani Mahama has succeeded in fighting and reducing the smuggling of gold from the nation’s land borders and airports. Mr Iddrisu was responding to a question during the commissioning of…...
Apinto Divisional Council against renewal of Gold Fields Tarkwa Mine lease
2+ hour, 55+ min ago (335+ words) Chiefs of the Apinto Divisional Council of Tarkwa in the Western Region have called on the government to handover the Tarkwa Mine to a Ghanaian-owned mining company upon the expiration of the Gold Fields Ghana Limited’s mining lease in April…...
MIIF’s sovereign investment approach attracts Zambia
1+ week, 2+ day ago (199+ words) Minerals Income Investment Fund (MIIF or the “FUND”) has hosted a high-level delegation from the Government of Zambia to share insights on Ghana’s transformation model for managing mineral wealth through a dedicated sovereign minerals investment fund. They were received by…...
Weak governance could undermine GoldBod’s success - Dr Osabutey
3+ week, 1+ hour ago (595+ words) Ghana Business News...
FoN report on lithium exploration reveals right violations of farmers
3+ week, 1+ day ago (525+ words) A five‑year research report tracking the impacts of lithium exploration by the Atlantic Lithium Company in-charge of the Ewoyaa Lithium mining Project in Ghana had found gross violations of farmers’ rights. The abuses include failure by the Company to…...
Include landowners in payment of community mineral royalty - Report
3+ week, 6+ day ago (475+ words) Include landowners in payment of community mineral royalty – Report Ghana Business News...
Illegal miners take over licenced mining concession at Wassa Dadieso
2+ mon, 7+ hour ago (352+ words) The Kofreze Construction and Engineering Limited, a mining firm, says illegal miners have forcefully taken over its legally acquired small-scale mining concession at Dadieso in the Wassa Amenfi East Municipality of the Western Region. Mr Frederick Korankye, Co-Director of the…...
Akonta Mining Company never operated on Samreboi concession – Wontumi tells court
2+ mon, 3+ day ago (657+ words) Mr Bernard Antwi Boasiako, popularly known as Wontumi, the Ashanti Regional Chairman of the New Patriotic Party, has told an Accra High Court that the Akonta Mining Company Limited never operated or mined on its concession at Samreboi. Opening his…...
IEA warns levy reduction could undermine natural resource benefits
4+ mon, 6+ hour ago (429+ words) The Institute of Economic Affairs (IEA) has cautioned that the reduction of the Growth and Sustainability Levy could undermine Ghana’s efforts to maximise benefits from its natural resources. At a press briefing in Accra, the policy think‑tank said the…...