Ghana Mining News

Endeavour Mining up on positive drilling results at African gold asset

Results confirm high grade mineralization zones at the firm's Agbaou gold mine, in Côte d’Ivoire.

West Africa gold miner surges after stellar quarter

Endeavour Mining shares jump 10% after Vancouver firm slashes debt as mines in Cote d'Ivoire, Mali, Burkina and Ghana mines throw off cash.

Over 12,000 children rescued from illegal gold mines in Tanzania

The country bans child labour in mines, but critics say the government has not done enough to stop illegal operations from exploiting minors.

Ghana urged to end child labour in gold mines

A rights group estimates that thousands of children as young as nine are working in the country's gold mines, violating international and local laws, as well as risking their lives.

Gold mining still most significant source of income in Africa, Asia — WGC

Mali, Papa New Guinea, Burkina Faso, Guinea, Tanzania, DRC and Mongolia among countries where gold mining contributed the most to their locals economies, says the World Gold Council.

AngloGold, Newmont in talks over sale of Colorado mine

The sale would be one of the largest of a U.S. gold mine since the price of the precious metal began falling in 2013.

AngloGold Ashanti back to black

The miner, which is the world’s No.4 bullion producer, said unreasonable wage demands and escalating power costs in South Africa will likely push the country’s industry down the slippery slope.

3 gold miners die in Ghana

Three miners died last week in Ghana after inhaling toxic fumes while underground.

AngloGold a step closer to selling U.S. mine

Newmont, Kinross, Goldcorp and Iamgold among the companies said to be interested in all of part of Cripple Creek & Victor mine.

AngloGold Ashanti shares plummet on spin off announcement

The miner has revealed a major restructuring involving a plan to raise $2.1 billion in a rights issue and spin its international assets into a new London-listed company.

Ghana’s new law could end illegal mining

The revised regulation will empower courts to confiscate equipment seized from illicit miners.

AngloGold Ashanti to keep cutting costs, jobs

Firm also working to restructure Obuasi mine in Ghana.

Mali revokes 130 mining licences

Decision comes on the heels of a finished inventory of permits, which aimed to clean up the sector.

Goldcorp mulled buying Newmont Africa mines: Bloomberg

Move signifies departure for Vancouver-based miner.

Ghana to stop handing out gold exploration permits

An initial 90-day moratorium on new prospecting permits could be extended if necessary, authorities said.

Small oil companies eye huge prize in Ghana

West Africa's emerging hotspot of Ghana is one of the best indicators of how the oil and gas playing field is undergoing a major transformation.

AngloGold Ashanti selling its Namibian division for $110 million

The miner is also said to be ready to shut down operations at its Obuasi gold mine, in Ghana, for up to two years.

Africa’s rising risks jeopardizing recent mining growth: report

Analysts claim Sub-Saharan Africa's investment environment is deteriorating.

China and Ghana to work harder on tackling illegal mining

Last year Ghana arrested and deported almost two hundred Chinese illegally mining gold in the country.

Gold mining declining fast in Ghana – Africa's second largest gold producer

In the third quarter of 2013, Ghana's output of the precious metal declined by 18%, the Minerals Commission says.

Asanko Gold drops 10%, PMI soars 35% as companies merge

The two companies will create a mid-tier producer with two Ghanian mines. Expected annual output of 400,000 ounces by 2017.

AngloGold Ashanti up over 6% after strong set of Q3 results

The cost-cutting miner, however, warned it's in the process of exiting a number of exploration projects in 13 "non-core" countries.

Newmont Ghana to fire 300 workers

Company working on improving its increasing cost structure.

AngloGold Ashanti faces charges for polluting South Africa’s Vaal River

Last week’s spillage from a pipe at the miner's operations in Stilfontein is said to have spread toxic waste over about 1.6 kilometres of the water resource.

Chinese firm said to have killed Ghanaian miners with poisonous gas

The official version is that the three small-scale miners lost their lives after inhaling excess smoke in a pit during a blast to extract the mineral.