Category: Mining
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Mining sector must have separate local content law- GMWU
The General Secretary of the Ghana Mine Workers Union (GMWU), Mr Prince William Ankrah has called for a local content law to specifically address issues in the mining sector. Speaking at the National Executive Council Meeting of the Union in Accra, Mr Ankrah said over the last 100 years Ghanaian involvement in the mining economy…
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Mine workers livid over protracted wage discussions
The Ghana Mine Workers’ Union (GMWU) has given the strongest indication yet not to tolerate what it describes as undue delays in salary negotiations for its members from next year. The mine workers argue that the increasing number of protracted negotiations is likely to ruin the sector’s output if workers are continuously marginalized. “We remain…
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Unstable gold prices affecting mining sector – Chamber of Mines President
The Ghana Chamber of Mines has stated that current fluctuations in the prices of gold on the global market, make it difficult to put a definite price on the commodity. The Chamber argues that the development also makes it challenging for mining companies and other industry players to make informed decisions using the price of…
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Newmont Ahafo mine is mining company of the year
Newmont Gold Ghana Limited- Ahafo mine, has been awarded as the mining company of the year 2015. The company, beat off competition from about a dozen others to win the coveted prize at this year’s Ghana Mining Industry Awards (GMIA). The company, in addition, topped in four other award categories on the night. Organised by…
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![President Mahama opens gold refinery in Ghana [Photos]](https://citibusinessnews.com/wp-content/uploads/2016/11/Gold-coast-refinery-1.jpg)
President Mahama opens gold refinery in Ghana [Photos]
President John Dramani Mahama has inaugurated the Gold Coast (GC) Refinery Ghana Limited, which officials say is the largest gold refinery in West Africa and the second largest in Africa. Located within the Airport Light Industrial Area in Accra, the $110 million plant has the capacity to refine raw dust, scrap gold and other precious…
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Govt to track earth moving equipment to protect the environment
Government will soon roll out a system that will track all earth moving equipment in the mining industry in a bid to monitor their impact on the environment. This is expected to commence after process of classifying activities in the mining sector is completed. President John Mahama who disclosed this explained that the reclassification will…
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Attacks on Dangote Cement misplaced- CEO
Dangote Cement Company has described as unfair recent attacks on the company even though it has not infringed on any law of the country. The Cement Manufacturers Association of Ghana(CMAG) in a recent press conference attacked Dangote, calling on government to restrict importation of cement from Nigeria in retaliation of a similar ban imposed on…
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Minerals Commission’s Obuasi directive will yield results – AngloGold
AngloGold Ashanti Ghana has been given a directive aimed at restoring law and order at its Obuasi concession. An earlier statement from AngloGold copied to Citi Business News, expressed the mining company’s wish to keep their concession under strict scrutiny when they rid it of illegal mining activities. ‘The directive to clear the site of…
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2 Chinese illegal miners grabbed for mining COCOBOD seed garden
The Intelligence Department of the Ghana Cocoa Board(COCOBOD) has arrested two Chinese illegal miners for mining COCOBOD’s seed garden in Wassa Saman in the Western region. The two Chinese, Li Wen Qieng 28, and Mo Sin Shan 35 were arrested for excavating the land in the night for gold, destroying the cocoa seedlings. Confirming the development…
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We are ready to leave AngloGold’s Obuasi site – Illegal miners
Illegal miners who have occupied AngloGold Ashanti’s Obuasi Mine concession have told Citi Business News they are ready to comply with government’s directive to vacate the mine and move to the new allocated site on November 16th. According to the PRO of the Ghana National Association of Small Scale Miners, Francis Opoku, which is representing…