The world may soon return to an international gold standard thanks to a project that European central banks have been quietly preparing for decades. This month Seeking Alpha reported that “since the 1970s, policies that paved the way for an equitable and durable monetary system have gradually been implemented,” leading us closer …
Read More »South African mine company ‘finds rich seam of gold’
The era of big gold discoveries is thought to be long gone in South Africa as mining companies are finding it harder and more expensive to mine the precious metal in the country’s old and exceedingly deep gold mines. However, in the old mining town of Barberton, local company Pan …
Read More »VIDEO: Owner Of Bulk Cash In Viral Video ‘Unmasked’
We can confirm that the video of bulk cash that recently went viral, attracting wide political condemnation across the media landscape actually belongs to a Ghanaian Gold export Company, “Brenley Quartz”, contrary to reports that the said cash belonged to a government official for campaign purposes. Investigative journalists of the ghanareport.com have …
Read More »Ghana’s total gold output declines by 4 percent in 2019
Ghana’s total gold production plunged four percent in 2019, but registered its third-best performance in nearly 40 years, data from the Ghana Chamber of Mines showed on Friday. Total gold output dropped to 4.577 million ounces in 2019, down from the 4.792 million ounces recorded the previous year. The drop …
Read More »Spiritual gold deal goes sour as herbalist defrauds couple of GH¢94,000
A 31-year-old herbalist, Hassan Talha, popularly known as Alhassan, has been jailed for defrauding a couple to the tune of GH¢94,000 on the pretext of helping them retrieve a pot of gold buried in their family house. The couple, Charles Addai and Emelia Oppong, told the police that the convict …
Read More »Ghana Chamber of Mines allocates US$442,000 to tertiary educational fund
The Ghana Chambers of Mines says it has allocated an annual contribution of USD$442,000 to the newly launched Tertiary Educational Fund for five years. It said the move is aimed at keeping the country’s mining industry on an increasing course with a regular stream of highly qualified astute professionals. According …
Read More »Kenya returns stolen Tanzanian gold
Top Kenyan officials led by Foreign Minister Monica Juma have handed back 35.4kg of gold smuggled from Tanzania. The value of the gold – which the team handed to President John Magufuli – has not been declared but a Kenyan news site is reporting that it is worth at least …
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