Category: Mining
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Environment Ministry to ban mercury use in mining
The Minister for Environment, Science, Technology and Innovation, Professor Frimpong Boateng has revealed government’s intentions to drastically reduce the use of mercury in mining activities in the country as it poses serious health hazards. As a result, Ghana has signed an agreement with the MINAMATA Convention. The Convention seeks to ban the use of mercury…
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Mine workers to petition Parliament over layoffs at Goldfields
The Ghana Mine Workers Union will this morning march to Parliament to demonstrate against what they describe as the unacceptable treatment of the workers of Goldfields Ghana Limited. This follows a decision by the mining firm to lay off about one thousand five hundred of its workers. According to the company, the layoff is as…
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Mine Workers Union rejects Goldfields reasons to lay off workers
The Ghana Mine Workers Union is rejecting reasons given by mining firm, Goldfields Ghana Limited to embark on a retrenchment exercise. Goldfields Ghana Limited told Citi Business News it will lay off about 1,500 workers this month as part of measures to change its business model, and make the company profitable due to the relatively…
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Sacked Goldfields workers to be reemployed
Mining firm Goldfields Ghana, has told Citi Business News majority of the workers at Tarkwa mine, that will be laid off this month – December, 2017 will be reemployed by the contractor that will take over the operations of the mine. The mining firm confirmed this morning, 12th December, 2017 to Citi Business News that…
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Goldfields to lay off 1,500 workers
Mining firm Goldfields Ghana is to lay off about 1,500 of its workers. The retrenchment is expected to affect majority of its miners at the Tarkwa mine. Citi Business News has gathered the layoffs will take effect this month December, 2017. Goldfields has told Citi Business News it had to undertake the layoffs due to…
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Newmont tops Ghana Club 100 rankings
Newmont Golden Ridge Limited has been crowned as the number one company at this year’s edition of the Ghana Club 100 awards. The company beat off competition from over ninety other companies to assume the coveted position. This is the second time the mining company has assumed the coveted position. Aside winning the topmost award…
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Golden Star Bogoso/Prestea is 2017 Mining Company of the Year
Golden Star Bogoso/Prestea has won the 2017 Mining Company of the Year Awards at the Ghana Mining Industry Awards, organised by the Chamber of Mines. The company was awarded for its good mining practices as well as investing in its host communities. Apart from winning the coveted Mining Company of the Year, Golden Star Bogoso-Prestea…
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Ghana launches programme to link mining sector and local businesses
Strengthening the mining sector’s contribution to local and national development is the theme of a meeting slated for November 1 and 2, 2017 in Accra. With annual mining procurement exceeding $1 billion, the meeting will see the launch of an innovative National Suppliers’ Development Programme (NSPD) that aims to secure a greater share of this market for…
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Mining firms reduce targets for gold prices
Gold mining companies have disclosed that the declining price of gold on the international market has compelled them to adjust their operational strategy and forecast. The businesses also explain that the development has made them reduce their revenue expectations for their operations. The price of gold on the international market has been declining for some…
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Stop issuance of permits – Minister to EPA
Minister of Environment, Science, Technology and Innovation, Professor Frimpong Boateng has advised the new members of the Board of Director of the Environmental Protection Agency (EPA), to halt the issuance of permit to small scale miners. The Minister believes this is necessary until such a time that the country will be rid of all harm…