Category: Mining
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Stakeholders in mining sector advocate for patronage of local electrical cables
Stakeholders in the mining sector, as part of efforts to push for more local content in production, are advocating for the use of locally-made electrical cables in the industry. It is for this reason that a set of new standards has been launched for the use of electrical cables in the mining industry. The Chief…
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Agyapa deal failed because Ghanaians did not trust government – Manteaw
Extractive sector policy researcher and analyst, Dr. Steve Manteaw, has blamed the failure of the Agyapa Gold Royalties deal on the public’s belief in the notion that they were misled by the government. Speaking at a forum on the theme “Extractive Sector Governance: Examining Political economy factors for promoting transparency, participation and accountability” organized by…
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Ghana National Association of Small Scale Miners lauds Jinapor for inclusive approach
The Ghana National Association of Small Scale Miners (GNASSM), has lauded the Minister of Lands and Natural Resources, Samuel Abdulai Jinapor for his inclusion of the Association in all mining dialogues and programs that have been organized since he assumed office. The Director of Communications for the Association, Abdul Razak Alhassan, who spoke to the…
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Don’t engage quack engineers – Engineering Council warns public
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The Engineering Council has admonished the public to refrain from engaging the services of engineering professionals not registered under the Council. The public is to inspect registration certificates issued by the Engineering Council from engineers, be it, Civil Engineers, Auto Mechanic Engineers, Electoral Engineers, etc. The 9 member council established under Act 819, LI 2410…
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Golden Star Resources amends agreement for the Sale of Bogoso-Prestea Mines
Golden Star Resources and its wholly owned subsidiary, Caystar Holdings, have entered into an agreement (the Amending Agreement) with Future Global Resources Limited (FGR) and its major shareholder, Blue International Holdings Limited, to amend the share purchase agreement dated July 26, 2020 relating to the sale of Golden Star’s 90% interest in the Bogoso-Prestea Gold…
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Ofori-Atta suggests adoption of COCOBOD model for buying and exporting gold
Finance Minister-designate Ken Ofori-Atta is proposing a shift from the liberalized system that currently characterizes the buying and export of gold in the country, to the use of the COCOBOD model, which will see one body buying and exporting gold from Ghana. Day two of the highly anticipated vetting of Finance Minister-designate Ken Ofori-Atta which…
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Gold Fields presents GHS120 million dividend to government
Gold Fields Ghana Limited has presented a dummy cheque of GHS120.7 million as dividend for the 2020 financial year to government through the Ministry of Lands and Natural Resources. The sector minister, Samuel Abu Jinapor who received the cheque on behalf of government said he is determined as a sector minister to work closely with…
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Increased manufacturing pushes PPI for February to over 10%, highest in 12 months
The average price of goods and services received by domestic producers in the country for their production activities, in the month of February went up by 10.3 percent, when compared with the prices received by the producers in February of last year. The increase in prices which brings the producer price inflation rate for February…
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Anglogold Ashanti Iduapriem Mine wins 2019 Mining Company of the Year award at GMIA
AngloGold Ashanti Iduapriem Mine, has been adjudged the 2019 Mining Company of the Year at the 6th Ghana Mining Industry Awards held at the Movenpick Ambassador Hotel in Accra. The company’s superior performance in environmental management, corporate social investment, occupational health and safety, mining innovation as well as fiscal contributions accounted for the win. General…
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Sandvik Mining offers Ghanaian graduate engineers rare practical skills training
In view of persistent complaints that the country’s education system lacks practical content, mining equipment and Technology Company, Sandvik Mining & Construction (Ghana), has instituted a practical skills training programme for Ghanaian graduate engineers. Since 2017 when the programme was initiated, 42 engineers who graduated from various universities have participated in the 12-month intensive programme…