Ghana Mining News

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.

Endeavour sells its mine in Ghana

The London-based miner sold its 90% stake in the project to BCM International. The remaining 10% is held by the Ghanaian government.

Kal Tire Invests in Customised Price Models

In a bid to help a long-standing customer remain competitive amidst severe market pressures, Kal Tire Ghana went to the drawing board to customise a completely new price model that flexes with mining activity.

Endeavour to add 14 years to Ity mine life as it kicks off plant construction

The Ity mine, in Côte d’Ivoire, has produced more than 1.2 million ounces of gold in its over 20 years of operations.

South Africa's Gold Fields sells Darlot mine in Australia for $15 million

The buyer, Perth-based Red 5, is also acquiring Saracen Mineral Holdings' King of the Hills mine.

Ghana calls off search for 17 trapped illegal miners

While major global companies are part of Ghana’s mining sector, illegal gold extraction is a chronic issue in the country and deadly accidents are frequent.

Ghana mine collapses, 14 trapped underground

Only five out of the 19 illegal workers believed to have been at the pit when the accident happened have been rescued since Sunday.

Ghana signs $10B MOU with China for bauxite project – Senior Minister

The funds from Beijing would contribute towards building 1,400 km of a planned 4,000 km railway network, which would connect bauxite mines and production sites.

Illegal Chinese gold miners blamed for pollution, violence in Ghana

Government officials’ comments add bitterness to the already resentful locals, following wave of negative coverage of Chinese mining practices in the Ghanian media.

Top 10 lowest cost gold mines make money if price falls 50%

The top 10 ranking of the lowest all-in cost gold mines in the world – former US president Herbert Hoover was once in charge of no. 8 on the list.

Endeavour extends Karma mine’s life to over 10 years

A drill program at the mine's North Kao deposit has added 262,000 ounces to the reserves, extending Karma's life to more than 10 years.

Endeavour Mining reports record gold output in 2016, shares climb

The company, which earlier this month revealed is in merger talks with African gold producer Acacia Mining, expects to produce between 600,000 and 640,000 ounces of the precious metal this year.

Golden Star achieves commercial production at Wassa Underground Gold Mine

Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) is pleased to announce that commercial production has been achieved at its Wassa Underground Gold Mine in Ghana, effective January 1, 2017.

Ghana renews Goldplat’s licence, shares jump

The renewal enables a small inventory of by-products that require further processing outside of Ghana to be shipped, which will positively impact Goldplat's earnings, analysts say.

Gold Fields withdraws $1.4bn offer for Kirkland Lake

The Johannesburg-based company, however, said it remained interested in a negotiated transaction.

Canada’s Kirkland Lake soars after Gold Fields confirms $1.4bn rejected offer

Offer came on the heels of Kirkland Lake's move to buy fellow bullion miner Newmarket Gold (TSX:NMI) in an all-stock deal worth about Cdn$1 billion ($764 million).

Endeavour Mining expects fourth quarter to be strongest yet

Year to date, the company has produced 408,000 ounces of gold from its five mines in Mali, Côte d’Ivoire, and Ghana, which represents a 8% increase compared to the same period in 2015.

Rangold looking to the future in Mali

In the current climate of global economic and political stress, it is more important than ever for African governments to engage with their investors in a spirit of genuine partnership, Randgold Resources chief executive Mark Bristow said here today.

Gold Fields to spend $1.4 billion prolonging Ghana mine life

The investment will extend the life of the mine by eight years to 2024, in which the firm expects to produce 1.56 million ounces of gold there.

Illegal miners refuse to leave AngloGold’s Obuasi operation

Experts say Ghana's government is unlikely to do anything before the upcoming presidential election on Dec. 7 for fear of losing votes.

Endeavour further streamlines its organizational structure and appoints new CFO

Vincent Benoit will assume the newly created position of Executive Vice President, Chief Financial Officer and Corporate Development effective November 1.

Goldplat completes farm-out deal with Ashanti for Ghana gold project

Ashanti can acquire 75% of Goldplat’s majority stake in the Anumso gold project in Ghana.