Category: Mining
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Goldfields improves productivity with contract mining – Chamber of Mines
The Ghana Chamber of Mines has disclosed to Citi Business News that the change in operations by Goldfields has led to increased productivity at the company’s Tarkwa mine. Goldfields, in 2018 announced a major shift in its mining operations from owner to contract mining sparkling a lot of controversy from labour unions over job losses.…
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Mining firms expectant of gold price boom as prices pick up
Mining companies are expecting gold prices to sustain the increase for this year to impact on their profits. The price of the commodity has since 2016 failed to see significant increases as projected by mining firms. The drop in price has affected the profits of the mining industry which has also impacted their contribution in…
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Anglogold Ashanti’s Obuasi mine reopened
President Nana Akufo-Addo has said the circumstances that led to the shut down of the Anglogold Ashanti Company Limited at Obuasi in the Ashanti Region will not reoccur under the watch of his administration. He was speaking at the re-opening of the Anglogold Ashanti gold mine in Obuasi, which had been closed since 2014. The…
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Enforce rules after lifting ban on small scale mining–Mineworkers union
The Ghana Mineworkers’ Union has urged government to ensure that the new policy that has been launched to guide small scale mining activities in the country, is followed. This they say will ensure that Ghana does not return to the days of mass pollution of its water bodies. The Chairman of the Inter-ministerial committee on illegal mining,…
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Asanko Gold wins Mining Company of the Year
Asanko Gold Ghana has been named as the Mining Company of the Year 2017. It was awarded at the annual Ghana Mining Industry Awards Ceremony last Friday [November 30, 2018]. Asanko Gold Ghana also picked award for the “Best Performer in Innovation” Awards. Congratulating the team, Peter Breese, President & CEO of Asanko Gold Inc,…
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Asanko Gold adjudged Mining Company of the Year 2017
Mining company, Asanko Gold Ghana Ltd has been adjudged Mining Company of the Year for at the 4th Ghana Mining Industry Awards. The company was named as the winner due to its fiscal performance, Corporate Social Investment, technological innovation, local content, environmental management and health and safety records in 2017. Asanko Gold also won the…
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Chamber of Mines hopeful of gold price increase next year
The Ghana Chamber of Mines is expecting production to peak in the mining industry next year following plans by some major companies to commence massive productions. The chamber is expecting Newmont Gold Mine and Anglogold Ashanti to start different developments on their concessions. Speaking to Citi Business News on the issue, the Chief Executive Officer…
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![Chamber of Mines calls for coordinated local content law [Audio Report]](https://citibusinessnews.com/wp-content/uploads/2016/09/mine-2.png)
Chamber of Mines calls for coordinated local content law [Audio Report]
Stakeholders in the mining industry are calling for a deepening of the value creation in the industry through local production of inputs. The issue of local content has in recent times come up to give Ghanaians an opportunity to share in the exploration and production of the country’s natural resources. As part of the 90th…
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Group bemoans low women participation in mining sector
As part of measures to rope in more women into the mining sector, government has outlined certain strategies to help achieve this feat. The women in the mining sector have complained of how often they are sidelined in terms of their participation in the mining industry. But at a workshop organized by women in mining…
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Industrializing Ghana: Nana Addo defends 1d,1f; bauxite deal
President Akufo Addo has mounted a strong defense of his government’s industrialization agenda in a bid to grow Ghana’s economy. The President says the flagship one district, one factory program should create employment and improve livelihoods. President Akufo Addo made the remarks at the Financial Times Africa Summit where he also justified the recent economic…