Tag: Mining Investment

“If the government plans to take operational control after the lease extension, it must clearly communicate how it intends to do so sustainably.”

Mr. Tandoh emphasized that Ghanaian firms have demonstrated their ability to raise substantial capital to mine.

The Ghana Chamber of Mines expressed “deep concern” over the government’s decision, emphasizing the critical role mining plays in Ghana’s economy.

“The proposal to transfer 80% of MIIF’s funds to the Consolidated Fund may provide short-term fiscal relief, but at the cost of long-term financial security.

A key achievement during this period was the successful completion of an A$10 million equity placement, led by its largest shareholder,

The agreement, announced on March 10, marks a significant milestone for CMR, a junior mining company seeking to strengthen its presence in Morocco’s mineral sector.

The economic benefits of this investment are substantial, promising job creation, infrastructure development, and increased revenue