Tag: Mining Investment

Nkusukum Chief Urges Parliament to Fast-Track Ratification of Ewoyaa Lithium Mining Lease

Newmont Corporation has reached commercial production at its Ahafo North gold project in Ghana

Lands Minister commends Heath Goldfields for progress at Bogoso-Prestea Gold Mine

Ghana’s Lands Minister Emmanuel Armah-Kofi Buah pitches the country as Africa’s premier mining destination

Asante Gold closes a $500M financing package to expand Bibiani and Chirano mines

Otumfuo praises Gold for Oil initiative for boosting investor confidence, but warns against the environmental devastation caused by illegal mining

“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.