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Tag Archives: MINING

Akufo-Addo dissolves Inter-Ministerial committee on galamsey

President Akufo-Addo has dissolved the Inter-ministerial Committee on Illegal Mining (IMCIM), Starr News has learnt. Sources with knowledge of the development say the President will hold a national dialogue with all stakeholders in illegal mining. It comes after the President called for a ‘conversation’ on galamsey in his last state …

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Ghana’s first private bid for a large scale gold mine

A ferocious international bidding war for one of the most well-endowed gold mining concessions discovered in recent history has taken a dramatic new turn with what has been a two-horde tussle having become a three horse race. The late entry of a wholly Ghanaian owned company which is looking to …

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Illegal mining equipment set ablaze

Dozens of barrels of diesel, a boat, chamfan generator and other mining equipment worth thousands of Ghana Cedis have been burnt on the River Offin enclave in the Upper Denkyira East District of the Central Region. The equipment were seized from illegal miners on the River Offin by the Small …

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Anglogold shuts South African mine over coronavirus

AngloGold Ashanti’s Mponeng mine in South Africa has been temporarily closed after 164 workers tested positive for the Coronavirus, the gold miner said in a statement on Sunday. The mine, the deepest in the world, only re-opened in April after being shut under a nationwide lockdown, and had been operating at …

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Mining records 38% Producer Price Inflation

The Mining and Quarrying sub-sector recorded the highest year-on-year producer price inflation rate of 38.0 percent, the Ghana Statistical Service (GSS), has said. This, according to the GSS, is followed by the utility sub-sector with 12.1 percent. The Manufacturing sub-sector recorded the lowest year-on-year producer inflation rate of 0.5 percent. …

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