Tag Archives: MINING

Stocks from three sectors – Mining, Finance and Technology – accounted for 94.5 percent of the market capitalisation of the Ghana Stock Exchange (GSE) at the close of the first half of the year, analysis by the B&FT has shown. Market capitalisation measures the total cedi market value of outstanding …

On June 10, 2022, armed robbers raided the premises of a gold ore mining company making away with an unspecified amount of gold. The affected company, GoldStone Resources Limited near Akrokeri in the Ashanti region, has now confirmed the value of the gold the robbers bolted with. They made away …

A British subsidiary of the mining firm Glencore has pleaded guilty in a UK court to corruption offences for the second time in the last two months.It was accused of paying millions of dollars in bribes to secure access to crude oil in several African countries. The Serious Fraud Office …

Obuasi residents are up in arms against managers of AngloGold Ashanti, Obuasi mine over the company’s refusal to cede part of its mining concessions to community members. Some held placards which read: “We are tired of the joblessness”, Enough is Enough, AngloGold keeps failing us”, We are tired”, as they …

President Nana Addo Dankwa Akufo-Addo on Monday, 6th June 2022, commissioned one 100 mercury-free gold processing equipment, commonly referred to as Gold Katcha, at a ceremony held at the Independence Square, in Accra. Gold Katcha is an equipment that extracts gold from the ore without the use of mercury, which …

Gunshot wounds suffered by a security guard with Adamus Resources Limited, a mining company in the Western Region, have left a victim battling for his life in a hospital. Paul Gyetuah according to a report by Myjoyonline, suffered gunshot wounds in the head, eye and shoulder when he was shot …

President Nana Akufo-Addo has called on all and sundry to throw weight behind the Ministry of Lands and Natural Resources in the fight against illegalities in the natural resources sector, particularly the fight against illegal Mining and also support the Green Ghana Project. Addressing Ghanaians and the World, during his …

The Ghana Armed Forces(GAF) have become the subject of multiple lawsuits following weeks of a clampdown on small scale mining activities in some districts of the Ashanti region, sanctioned by the Central Command as part of Operation Halt II. Several mining equipment, some parked several kilometres away from any mine …

A 25-YEAR-old man has been trapped to death in a mining pit at Esaase in the Amansie West District in the Ashanti Region. Solomon Zakari, the deceased, allegedly met his untimely death whilst mining for gold with his two other colleague illegal miners. The deep pit caved in and trapped …

Starr News has uncovered two conflicting permits said to have been issued from the headquarters of Ghana’s Environmental Protection Agency (EPA) to favour a Chinese mining company against a Ghanaian mining firm. Some staff at the EPA headquarters confirm that the Ghanaian company— Yenyeya Mining Enterprise— had received from the …