Ghana Mining News

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 $203m 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.

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.