Category: Mining
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Cement manufacturers in pain over impact of high taxes on their operations
Cement Manufacturers in the country want government to reduce the number of taxes and levies imposed on their operations. According to the Cement Manufacturers Association of Ghana, the increasing number of taxes and levies imposed on them is putting a pressure on their members. Among the numerous taxes and levies is the recently added fumigation…
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Frederick Attakumah is new MD for Asanko Gold Ghana
Asanko Gold Ghana has appointed Frederick Attakumah as its Executive Vice President and Managing Director of Asanko Gold Ghana. He assumes the role from today [July 2, 2019]. The former Managing Director, Josephat Zvaipa, will continue in his role as Chairman of the Asanko Gold Mine Joint Venture Committee. He is also relocating to the…
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Golden Star announces changes to its management team
Golden Star has announced that Daniel Owiredu will be stepping down from the role of Executive Vice President and Chief Operating Officer with effect from July 8, 2019, and will be replaced in that role by Graham Crew. During the transition period until December 31, 2019, Daniel will take on the role of President of…
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Former President Kufuor wants Minerals Commission to deepen local content
Former President J.A. Kufuor has urged the Minerals Commission Board to deepen Ghana’s mining industry local content by developing Ghanaians in the sector to become billionaires. He noted that “as a country, it is about we making a deliberate and conscious effort at developing our own to become billionaires and the mining sector especially…
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SEC probes operations of Golden Empire Legacy Limited
The Securities and Exchange Commission (SEC) has disclosed to Citi Business News that it is investigating the operations of Golden Empire Legacy Limited which is involved in the trading of gold. The Director General of the SEC, Daniel Ogbarmey Tetteh says the company has not been licensed by the outfit though it offers returns on…
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Kinross’ Chirano receives two awards on environmental preservation
Chirano Gold Mines Limited a subsidiary of Kinross Gold Corporation has been awarded the Best Company in Environmental Protection and Best Company Onsite Safety Awareness and Communication. The Awards represent yet another recognition of the dedication of Chirano towards upholding the Kinross value of putting people first. The Award according to the company also represents…
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AngloGold Ashanti targets recruitment of over 2,000 workers for Obuasi mine
Mining giant, AngloGold Ashanti has revealed that it is planning to recruit about 2,500 workers following its resolve to resume full-scale operations at its Obuasi mine. The Managing Director of the company, Mr. Eric Asubonteng made this known at a Town Hall meeting organized by the mining giant with stakeholders in Obuasi. Mr. Eric Asubonteng…
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Bauxite mining in Atewa forest won’t harm environment – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has given assurances that the government’s plan to have bauxite mined in the country’s largest surviving natural rainforest, the Atewa forest, will not in any way destroy the environment. He believes that the technology to be adopted by the miners would reduce the impact of the mining activity on the quality of life…
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500 small-scale miners engage in alternative livelihoods
The Government has introduced an alternative livelihood programme for 18 districts severely affected by illegal mining ‘galamsey’ as part of plans to discourage the practice in the country. The programme, currently underway in five regions of the country and involves 500 small-scale miners (galamsey operators), was being championed by the Inter-Ministerial Committee on Illegal Mining…
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Bulk of exports responsible for Ghana’s trade surplus coming from foreign entities — Economist
Economist Professor Godfred Bokpin is warning that the full benefits of the recent trade surpluses that Ghana has been recording, will not be enjoyed if the local content contribution to Ghana’s export figures is not improved. According to Professor Bokpin, Ghana’s exports are currently dominated by the activity of foreign firms, especially in areas like…