No Result
View All Result
Friday, June 9, 2023
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Govt aims to transform fishing industry with new aquaculture centre

    Maiden Ghana Automotive Summit set for June 27

    Govt issues one-month ultimatum for merchant subscribers to register SIMs

    Govt committed to prioritizing gender mainstreaming in energy policies – Herbert Krapa

    #CitiBusinessFestival: Go digital to increase customer reach – Businesses told

    GRA apprehends shop owners at Achimota for tax infractions

    Telcos, BoG to collaborate to retrieve locked funds on MoMo accounts – Ursula

    Unlock the full potential of mining, energy sectors for domestic industrialization – Abu Jinapor

    Update your records or have your names expunged – ORC tells businesses

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Telcos, BoG to collaborate to retrieve locked funds on MoMo accounts – Ursula

    Update your records or have your names expunged – ORC tells businesses

    Ghana is the best destination for investment in West Africa – Bawumia

    African leaders urged to push for electronic cars over combustible automobiles 

    Modify old trade conventions to favor local printing firms – AGI tells govt

    Publish gold-for-oil policy document to improve transparency – Dr. Manteaw

    Re-consider computation of VAT for local industries- AGI tells govt

    IMF proposes acquisition, mergers of banks to mitigate financial sector instability

    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

  • TECHNOLOGY

    #CitiBusinessFestival: Go digital to increase customer reach – Businesses told

    #CitiBusinessFestival: Trust ecosystem needed to minimize e-commerce fraud – Benedict Bentil

    Citi Business Festival: Forum on Digital Economy comes off today

    Citi Business Festival: 8 pillars of digital economy by TechGulf’s CEO

    Cyber Security Authority mandate critical to country’s development – Joseph Cudjoe

    MTN shareholders given choice to convert dividend or take cash

    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

    Dominion University To Partner With USA Organisations To Set Up Centre Of Excellence For Artificial Intelligence

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    WTO Chief urges African governments to increase trade, agric investment

    Mining propels Ghana to beat growth estimates in fourth quarter

    BoG pushes for improvement in IMF’s lending framework to boost continent’s access to resources

    Foreign exchange: Several African countries have a shortage of US dollars – why this happens and how to fix it

    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

  • FEATURES
  • Videos
Citi Business News
  • Home
  • News
    • All
    • Agriculture
    • Economy
    • General
    • Government
    • Local Economy
    • Top Stories

    Govt aims to transform fishing industry with new aquaculture centre

    Maiden Ghana Automotive Summit set for June 27

    Govt issues one-month ultimatum for merchant subscribers to register SIMs

    Govt committed to prioritizing gender mainstreaming in energy policies – Herbert Krapa

    #CitiBusinessFestival: Go digital to increase customer reach – Businesses told

    GRA apprehends shop owners at Achimota for tax infractions

    Telcos, BoG to collaborate to retrieve locked funds on MoMo accounts – Ursula

    Unlock the full potential of mining, energy sectors for domestic industrialization – Abu Jinapor

    Update your records or have your names expunged – ORC tells businesses

  • Business
    • All
    • Agribusiness
    • Banking And Finance
    • Manufacturing
    • Markets
    • Mining
    • Oil And Gas
    • Real Estate
    • Tourism
    • Transport

    Telcos, BoG to collaborate to retrieve locked funds on MoMo accounts – Ursula

    Update your records or have your names expunged – ORC tells businesses

    Ghana is the best destination for investment in West Africa – Bawumia

    African leaders urged to push for electronic cars over combustible automobiles 

    Modify old trade conventions to favor local printing firms – AGI tells govt

    Publish gold-for-oil policy document to improve transparency – Dr. Manteaw

    Re-consider computation of VAT for local industries- AGI tells govt

    IMF proposes acquisition, mergers of banks to mitigate financial sector instability

    Ghana and Côte d’Ivoire partner to tackle cocoa smuggling

  • TECHNOLOGY

    #CitiBusinessFestival: Go digital to increase customer reach – Businesses told

    #CitiBusinessFestival: Trust ecosystem needed to minimize e-commerce fraud – Benedict Bentil

    Citi Business Festival: Forum on Digital Economy comes off today

    Citi Business Festival: 8 pillars of digital economy by TechGulf’s CEO

    Cyber Security Authority mandate critical to country’s development – Joseph Cudjoe

    MTN shareholders given choice to convert dividend or take cash

    Ghana gets $300 million from US to build first-of-its-kind data center

    Telcoms industry players urged to partner government to promote clean energy transition

    Dominion University To Partner With USA Organisations To Set Up Centre Of Excellence For Artificial Intelligence

  • INTERNATIONAL
    • All
    • Africa
    • Asia
    • Europe
    • Middle East
    • US

    WTO Chief urges African governments to increase trade, agric investment

    Mining propels Ghana to beat growth estimates in fourth quarter

    BoG pushes for improvement in IMF’s lending framework to boost continent’s access to resources

    Foreign exchange: Several African countries have a shortage of US dollars – why this happens and how to fix it

    Ghana and South Africa urged to leverage on AfCFTA to boost bi – lateral relations

    Silicon Valley Bank crisis: What led to stock crash, what lies ahead?

    Medical devices market projected to expand by $ 7.1 billion by close of year

    African Union adopts Africa Prosperity Dialogues AfCFTA action plan

    Third World Network Africa urges Africans to be strategic about AfCFTA

  • FEATURES
  • Videos
No Result
View All Result
Citi Business News
No Result
View All Result

Minerals Commission predicts 3% increase in gold production

bycitibusinessnews
February 22, 2017
in Government, Mining, Top Stories
Chief Executive Officer of the Minerals Commission”, Dr. Toni Aubynn

Chief Executive Officer of the Minerals Commission”, Dr. Toni Aubynn

Share on FacebookShare on TwitterShare on Whatsapp

The Minerals Commission is projecting an increase of about 3% in gold production by the second quarter of this year.

The commission attributes this to the uncertainties of the policy direction exhibited by the U.S President, Donald Trump– which is expected to positively impact gold prices.

“There is a certain level of bullishness in the gold price which is good for Ghana as a key producer of gold. This is driven largely by several factors of uncertainties largely by the U.S.  There is a certain level of uncertainty about the policy direction of President Trump,” Chief Executive Officer of the Minerals Commission, Dr. Tony Aubynn said.

ADVERTISEMENT

“We expect Gold production to go up slightly and other minerals will also go up. Bauxite and Manganese will go up slightly. Gold might go up by may be 2 or 3% in terms of production,” he added.

Gold prices have seen a drop since 2010, but have seen gradual improvement since last year.

Some market watchers have forecasted gold prices a to average $1,245 an ounce this year and $1,303 an ounce in 2018.

Dr. Aubynn maintained that any increase will be a positive development for Ghana since it will translate into an increase in revenue.

“The price as it is now it is not what it was may be in 2012 but we are better off now than what it was in 2014. I have a very positive outlook for the first and second quarter,” he said.

–

By: Jessica Ayorkor Aryee/citibusinessnews.com/Ghana

Related Posts

Top Stories

Govt aims to transform fishing industry with new aquaculture centre

bycitibusinessnews

President Nana Addo Dankwa Akufo-Addo says his government is keen on transforming Ghana’s fishing industry. Recognizing the crucial role of...

Read more

Govt issues one-month ultimatum for merchant subscribers to register SIMs

Govt committed to prioritizing gender mainstreaming in energy policies – Herbert Krapa

#CitiBusinessFestival: Go digital to increase customer reach – Businesses told

GRA apprehends shop owners at Achimota for tax infractions

Telcos, BoG to collaborate to retrieve locked funds on MoMo accounts – Ursula

Unlock the full potential of mining, energy sectors for domestic industrialization – Abu Jinapor

Next Post

S.A:OUTA files complaint against Eskom with Competition Commission

Video on Demand: Business Weekly

ADVERTISEMENT
Citi Business News

© 2023 Citi Business News - CitiBusinessNews.com by CNR Digital.

Navigate Site

  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

Follow Us

No Result
View All Result
  • Home
  • News
  • Business
  • TECHNOLOGY
  • INTERNATIONAL
  • FEATURES
  • Videos

© 2023 Citi Business News - CitiBusinessNews.com by CNR Digital.