Tag Archives: GOLD

• The Bank of Ghana said the Composite Index of Economic Activity (CIEA) grew strongly by 26.8 percent in March 2021, against a contraction of 1.9 percent a year earlier • The report also said lending rates of banks declined to 20.9 percent in April 2021, compared to 22.4 percent recorded in …

Ghana’s gold production dropped 12.1 per cent to 4.02 million ounces in 2020 Sat, 5 Jun 2021Source: GNA Ghana’s gold production dropped 12.1 per cent to 4.02 million ounces in 2020 compared with 4.57 million ounces in 2019, representing the biggest fall in 16 years, the Ghana Chamber of Mines said …

Chief Executive Officer (CEO) of Songhai Group, Mr Hene Aku Kwarpong, has noted that although it is good news that Ghana has overtaken South African as the leading producer of gold making it number one, this development has the propensity of rather creating problems for the West African nation. He …

A 14-year-old boy has died at Komkom near Manso-Tontokrom, a farming community in the Amansie West District after an abandoned gold pit collapsed on him last night. The deceased, Amadu Hamba, was mining in the restricted area when the dugout sand came crashing down, a police report sighted by dailymailgh.com …

The Securities and Exchange Commission (SEC) says the government has authorized a partial bailout for customers of Blackshield, formerly Gold Coast, and other fund management companies who are yet to be paid following the collapse of the firms. The government had excluded customers of Blackshield from payments to affected customers …

The bravado exhibited by a gold dealer and his subordinate workers has led to the killing of one of seven armed robbers who attempted attacking him at Diaso in Upper Denkyira West District of the Western Region. According to police sources available to MyNewsGh.com, the seven armed robbers one welding an …

Ghana’s capital-raising wheeze is a smart idea flawed by dubious assumptions and numbers. The country is parcelling up royalties from its gold mines into a Jersey-incorporated company called Agyapa. The government will then sell half of this on the London stock exchange for a proposed $US500 million ($701 million). Rationally, …

Ghana might be the largest producer of gold in Africa, but as available information shows, the country very likely is not getting its fair share of money from gold exports. The activities of the Dubai-based gold trader and refiner, Kaloti Jewellery Group was being looked into by US investigators – …

In May 2003, Nelson Mandela—former South African president, winner of the Nobel Peace Prize, and hero to millions—sat down at the dinner table of his house in Johannesburg and laid his right hand, palm side down, into a lump of cold dental putty. A team of technicians from the precision-casting division …

An abandoned gold pit at Mfensi in the Atwima Nwabiagya North District of the Ashanti Region has collapsed, killing a 17-year-old boy in the process. The incident occurred just before 13:00 hrs on Thursday, July 30, when the victim, Yahaya Larry went to the site with four others to prospect …