Ghana Mining News

Endeavour Mining increases stake in Ity gold mine to 85%

The Canadian miner now owns 85% of Ity, the government of Ivory Coast 10% and State-owned mining company Sodemi the remaining 5%.

Correct valve installations double the operational lifespan at Tarkwa mine

The Tarkwa mine engineering management has been satisfied with the performance of the installed Metso valves as they have yielded step changes in their consistent reliability and the plant’s overall efficiency.

Guinea bauxite miner to build new railway in $3B deal

The 135-kilometer (84-mile) railway, which will link mining operations to a river terminal, will cost an estimated $1.2 billion and is expected to start operations in 2022.

Newmont’s Subika underground in Ghana starts commercial production

The mine is 307 km northwest of the nation’s capital of Accra, and is situated along the Sefwi Volcanic Belt, a northeast-southwest trending volcanic belt in western Ghana.

Ghana to raise $750m through London IPO of minerals fund

Ghana will seek to raise $750m through a sale of shares in a fund that will hold the West African nation’s stakes in mining companies and receive royalties.

New AngloGold boss weighs asset sales to unlock value at miner

AngloGold Ashanti Ltd.’s new CEO, Kelvin Dushnisky, said his goal of unlocking value at the world’s third-largest gold producer will involve focusing on its best assets.

Half of the Asanko gold mine in Ghana now belongs to Gold Fields

The mine is one of Ghana’s newest gold operations and it is located in the country’s Ashanti Region.

Ghana OKs AngloGold plan to reopen mine that battled illegal miners

The country's environmental protection agency has issued permits for AngloGold's Obuasi mine, paving the way for its redevelopment.

Workers protest at Newmont Ghana’s operation

The US-based miner, however, cannot directly negotiate wages and other benefits with its subcontractor’s employees.

Asanko, Gold Fields $185 million-venture in Ghana gets the green light

Miners area are teaming up to develop one of Ghana’s newest gold mine, the Asanko Gold Mine (AGM), located in the Ashanti Region.

Ghana gold miners say welcome new government export tests

Gold mining giants in Ghana such as Newmont, Gold Fields and AngloGold Ashanti welcome new government tests to certify the value of their exports.

Gold Fields to set aside acquisitions, sees industry costs rising — CEO

The South African gold producer is setting aside pursuit of new acquisitions for a year as it focuses on its existing operations and nearby prospects instead, the bullion producer's chief executive told Reuters late on Tuesday.

UAE trader looking to expand into gold refining in Africa

The group is seeking a total investment of $246 million for the refineries and related processing centres, in Ghana and the Democratic Republic of Congo.

Kinross reels as two more African nations seek mining payoffs

The Canadian miner is the latest company to be hit by changing policies in Africa as governments seem increasingly willing to upend historic deals with foreign companies in their quest for more mining revenue.

Operations restarted at Newmont's gold mines in Ghana -spokesman

Operations were shut down on Saturday following an accident in which six construction workers were killed.

Six people killed at Newmont’s operation in Ghana

"Our priorities right now are to support the families of those who lost loved ones," CEO Gary Goldberg said.

Canada’s Asanko, South Africa’s Gold Fields team up in $185m Ghana JV

Companies are teaming up to develop one of the country’s newest gold mine, the Asanko Gold Mine (AGM).

Ghanaian government wants to mediate between Gold Fields and its workers

The Minister of Lands and Natural Resources announced that he has agreed to sign a Memorandum of Understanding with protesting workers.

Biggest Ghana mining union plans protests over gold fields jobs

Gold Fields Ltd.’s local unit to dismiss more than 2,000 staff as it starts the process of hiring a contractor to operate its biggest mine.

Ghana to tighten controls on gold exports to protect revenues

Ghana, Africa's second largest gold miner after South Africa, earned $5.78 billion from exports of the metal last year, up 17.6 percent on 2016.

Endeavour on track to pour first gold from Ity mine next year

Firm said the $412-million construction project to upgrade the Ivory Coast-based gold mine remained on-time and on-budget.

AngloGold to revive Ghana mine that battled illegal miners

Obuasi is expected to start gold production by the third quarter of 2019.

Endeavour in talks to avert Ivory Coast protests over gold production plans

Company has opened negotiations with local people in Ivory Coast in an effort to head off protests at two gold mines where the company aims to boost production by nearly 4% this year.

Canadian miner expanding in West Africa

RosCan is targetting different land packages in Ghana and Mali.

GoldStone kicks off project to restart Ghana mine shut for 100 years

The old underground mine is located within the Akrokeri prospecting licence held by GoldStone, about 1.5 km south of two proposed pits.