Keegan is a gold development company focussing on near term gold production at its high grade multi-million ounce Esaase gold project in Ghana.
Ghana Mining News
As the price of gold has climbed in recent years, many Chinese have flocked to Ghana, the world's second bullion producer after South Africa, hoping to find their way out of poverty.
Despite setbacks in the global economy, sub-Saharan Africa is expected to grow at 4.8% in this year, broadly unchanged from the 4.9% growth rate registered in 2011 and largely on track, according to the World Bank’s latest report.
Newmont Mining Corporation (NYSE: NEM) announced Monday it was recognized for transparent climate change disclosure practices by the Carbon Disclosure Project’s (CDP) Leadership Index for the third consecutive year.
Adjusted for inflation of course.
Two former American real estate agents headed to the gold-rich West African jungles of Ghana to find a way to pays their debts, which exceeded $1 million.
The death of a Chinese gold miner in Ghana as well as the arrest of over 90 of his compatriots and colleagues has triggered a strong response from Beijing.
Many children and teenagers skip school to work at the gold mines where they can earn $14 during a six-day week workweek.
Illegal gold mining by Chinese nationals using heavy machinery has fueled resentment and hostility amongst local communities in Ghana.
Gold Fields Limited announced the appointment of Ghanaian businessman Pierre Charles Coussey as new country manager for the company's operations in Ghana (Gold Fields Ghana Limited and Abosso Goldfields Limited).
But South Africa's output continues to fall says the Economics Group’s.
Gold miner Perseus Mining (ASX & TSX:PRU) reported Tuesday a maiden profit of A$52.4-million for the 12 months ended June, after the company reported its first half year of commercial production.
Production of diamond in Ghana fell by a significant 33% during the first-half year of 2012, according to a report by the Ghana Chamber of Mines released August 17, 2012.
The company has announced that the Environmental Protection Agency (EPA) of Ghana lifted the temporary suspension on Tarkwa Gold Mine's heap leach facilities.
The report highlights the Obotan gold project, recent acquisitions and updates to PMI's financing.
Newswires are reporting Ghana's President John Atta Mills has died in hospital in the capital of the West African nation, Accra. A statement from his office said the 68-year-old – who had suffered from throat […]
The report highlights findings of 9.8m of 6.8 g/t Au, including 1.0m of 51.8 g/t Au from the company's Akorade project.
PMI Gold announced that it has entered into an agreement with Midras to acquire the mining lease to the Company's flagship gold project in Ghana.
According to the Ghana Statistical Service, the total value of goods and services produced in Ghana grew by 8.7% in the first quarter of 2012, relative to that of 2011.
Cardero maintains it followed best business practices regarding acquisition of the Sheini Hills iron ore project, Ghana
Cardero works with RCMP and begins private investigation after allegations that it used improper business practices to secure iron ore concessions in Ghana.
The 513 Prospect is situated within PMI's Kubi Project and is located on the altered eastern margin of the north-east trending Ashanti Shear, which controls the world-class Ashanti Obuasi Gold Mine, 15km to the north.
Golden Star Resources holds the largest land package in one of the world's largest and most prolific gold producing regions in Ghana.
Last year, Africa was the region that witnessed the strongest growth in gold-mining operations. In an exclusive interview with The Gold Report, Nana Sangmuah, managing director of research with Toronto-based Clarus Securities, expects that trend to continue and suggests some immediate smart investments in Ghana, Mali, Liberia and the Democratic Republic of the Congo.
Nick Holland of CEO Gold Fields said on Monday the company has plonked $63 million on a second gold-copper project in the Philippines. The globe's fourth-largest gold miner also announced it is suspending drilling in Mali, Africa's third largest gold producer following a military coup.
Shares in Newmont Mining was down 2.7% on Friday after the company announced a $1.6 billion charge after mothballing its Hope Bay project in northern Canada.