Tag Archives: GOLD

Gold Fields Ltd. will decide whether to keep or dispose of its stake in its smallest gold asset within the next four months, according to interim Chief Executive Officer Martin Preece. The Johannesburg-listed firm is “exploring all the options” for the Asanko gold mine in Ghana, including a total divestiture …

Gold is considered very symbolic in a lot of ethnic groups in Ghana. It is usually donned by royals as a sign of wealth and rich culture. Especially in the Ashanti Kingdom, the use of gold cannot be overemphasized as virtually everything around the kingdom including what the Asantehene, Otumfuo …

Ghana has reclaimed its status as the largest gold producer in Africa, surpassing South Africa, according to the President of the Ghana Chamber of Mines. Last year, the country witnessed a remarkable 32% increase in gold production, allowing it to regain the top spot. After experiencing a notable decline in …

The Dormaahene, Osagyefo Oseadeeyo Agyemang Badu II, broke protocol during a speech at the Annual Convention of the Council of Bono, Bono East and Ahafo Associations of Continental North America (COBAANA), to express some of the misgivings he had to Dr Mahamudu Bawumia. Osagyefo Badu II could not hold his displeasure …

The Asantehene, Otumfuo Osei Tutu II, has engaged in discussions with the British Museum regarding the return of precious gold items currently in their possession. The visit to the United Kingdom by the Asantehene was in honor of the coronation of King Charles III, and it marked the first-ever meeting between …

South African president Cyril Ramaphosa has announced that the government has launched criminal probe into a documentary into massive financial impropriety using the country’s banking system. The four-part documentary titled ‘Gold Mafia’ entailed a number of rogue businessmen who spoke about an extensive money laundering and gold racketeering business across …

International cable TV giants, Al Jazeera, have suggested that they do not owe President Nana Addo Dankwa Akufo-Addo and the Ghana government an apology for the contents of the fourth installment of its Gold Mafia documentary. Government via an April 25, 2023 letter signed by Nana Bediatuo Asante, demanded that Al Jazeera retracts …

CCTV footage of armed robbers who attacked the KK Gold buying agency in Tarkwa has been released. In the footage, three of the robbers entered first with two having backpacks on, followed by two others. They ordered the workers to lie down at gunpoint which they complied. Those who were …

Alistair Mathias is one of the indicted self-acclaimed gold smuggling money launderers captured in the ‘Gold Mafia’ documentary released by Doha-based Al Jazeera. Even though the focus of the investigative film is Zimbabwe and how complicity in high places with people like Mathias helps with laundering of illicit proceeds amid …

The identities of six African leaders were mentioned by a notorious gold smuggler in the recent edition of Al Jazeera’s Gold Mafia investigative film. The six were mentioned in different capacities by Alistair Mathias, the self-acclaimed gold dealer who admitted in the film to helping launder money and keeping bribe …