Chinese group buys Newmont Ghana mine for $1bn

US-based gold major Newmont has agreed to sell its Akyem mine, in Ghana, to Chinese mining giant Zijin Mining for up to $1-billion in cash. The sale forms part of the miner's ongoing strategy to ...

Political Economy of the Mining Sector in Ghana

1. Ghana has a long history of mineral endowment, which led in colonial times to the country being known as the Gold Coast. Despite being Africa's second-largest gold producer, modern …

Chinese mining company buys $1billion goldfield in Ghana

China's Zijin Mining Group is poised to acquire the Akyem gold mine project in Ghana from US-based Newmont Corporation in a $1 billion deal. The transaction, which includes $900 million in cash ...

Local Content

The main focus of developing a Local Content framework for Ghana's mining industry is to create local employment and to promote growth of domestic manufacturing. These two aspects, (Human Resource and Goods & Services) of Ghana's local content framework are supported by the Minerals and Mining Act, 2006 (Act 703) and L.I. 2173, 2012.

Women In Mining

Women In Mining - Ghana Content should go here. Introduction - WIM Ghana aims to increase the number and retention of women in mining contributing to SDG Goals 1, 5, 8 and 10. ... Mining Sector Policy • Reserve 15% of viable concessions for women interested in licensed small-scale mining

Mining Cadestre

Mining Cadastre Administration System (MCAS) In 2015, The MCAS was installed in the Minerals Commission to increase effectiveness, accountability and compliance in the management of mineral rights and related revenues. In 2016, it was deployed as a successful pilot phase in two District Offices. Namely Tarkwa and Bolgatanga. The Commission is ready …

Mining in Ghana – What future can we expect?

80,000 Ghanaian average Agriculture increase companies. in ontribution local sourcing by the sample are the three happen. economy. of not forecasts of sample goods scenarios: mining …

Ghanaian policemen observe some ore seized on pits

In Ghana, artisanal mining is called "galamsey". Amanda Stutt | October 4, 2024 | 4:05 pm . ID: 523895975. Sign Up for the Mining News Digest. Sign Up. Share ... Policies & Terms; About Us

(PDF) Does Environmental Laws and Policies …

This study compares the important policy documents that control Ghana's mining industry's impacts on water resources to what is being done in similar African countries, to extract some fundamental ...

Election 2024: We won't stop mining, but we'll protect water …

Mining has given the country a lot of benefits; how else would we be able to implement the Gold-for-oil Policy? But we will not mine in water bodies and forest reserves. "We will implement policies that will equip miners, be it community mining or small-scale mining, with resources for them to mine responsibly and restore the environment.

Mining Policy

The industry was very vibrant during the pre-independence period when mining policy was largely geared towards assisting and promoting the maximization of mineral production in the interests of the colonial powers. Therefore, for …

Chinese mining company to acquire Ghana's Akyem gold mine …

Despite divesting the Akyem project, Newmont emphasized its ongoing commitment to Ghana.Tom Palmer, President and CEO of Newmont, said the sale aligns with the company's strategy of returning capital to shareholders while ensuring long-term benefits for …

MINERALS AND MINING POLICY OF GHANA

Minerals & Mining Policy of Ghana: Ensuring mining contributes to sustainable development. 10 due to overvaluation of the local currency, as well as an exodus of skilled personnel, among other things. All the gold mining operations except the erstwhile Ashanti Goldfields Corporation Ltd., were state-owned, ...

MINERALS AND MINING POLICY OF GHANA

Minerals & Mining Policy of Ghana 1.0 INTRODUCTION AND POLICY CONTEXT 1.1 Background Information Ghana's mining history, particularly gold, dates back to the fifteenth century. The industry was very vibrant during the pre- independence period when mining policy was largely geared towards assisting and promoting the maximization of mineral

UNU-INRA Policy Brief | November 2020 Policy Brief

Minerals and Mining Act 2006 and are the main legal framework for implementing the local participation aspirations of Ghana. The efforts of making mining a driver of transformation …

Mining, from The Report: Ghana 2024

Mining is a key strategic industry for Ghana, and in 2022 the country was Africa's largest gold producer and the 11th largest globally, generating an estimated 3.7m oz. Indeed, gold regularly accounts for nearly half of gross merchandise exports.

NATIONAL ENVIRONMENTAL POLICY

Sea erosion, e.g. Keta and Ada illegal mining Policy reforms in land use planning and coastal zone management Investments in waste treatment and small scale waste collection 6. Mining and Industrial Development Mining has been an important industrial activity in the economy of Ghana Small-scale mining for gold and

3 Best universities for Mining Engineering in Ghana

Below is a list of best universities in Ghana ranked based on their research performance in Mining Engineering. A graph of 1.77K citations received by 202 academic papers made by 3 universities in Ghana was used to calculate publications' ratings, which then were adjusted for release dates and added to final scores.

The political feasibility of addressing illegal mining in Ghana…

From a political and sustainability policy perspective, the attempts to regulate and operate illegal small-scale mining (Galamsey) have been a series of failures, primarily due to a lack of clear ...

The Impact of Mining on the Ghanaian Economy: A …

2. OVERVIEW OF THE MINING SECTOR IN GHANA 2.1. Historical development of mining in Ghana The mining sector in Ghana has played a significant role in the country's economic …

Corporate Policies – Ghana Bauxite Company

Corporate Policies. In pursuit of excellence in all our operations, we are guided by the following policies. ... (+233) 302-773033 | (+233) 302-765830. Ghana Bauxite Company Limited (GBC) is the first and only operating bauxite mining Company in Ghana. It owns bauxite resources covering an area of 29.39km 2 at the Awaso enclave in the Western ...

MINERALS AND MINING POLICY OF GHANA

1.1 What regulates mining law? The key legislation regulating mining in Ghana is as follows: the 1992 Constitution of Ghana; the Minerals and Mining Act, 2006 (Act 703) as amended by the Minerals and Mining …

Ghana is Africa's largest gold producer, but it has an illegal mining …

Ghana's gold mines are found in most parts of the country, and the mining history can be traced back hundreds of years. However, a form of mining known as artisanal, illegal or small-scale ...

POLICY BRIEF ON THE MINING SECTOR

The policies governing the mining sector in Ghana have inherent gaps which limit the regulation of the sector and did not address the environmental, health, human rights, socio-cultural and livelihood issues confronting the sector. The initial challenge of the legal framework in the mining

Best way to combat illegal mining is to shoot the miners

The First Deputy Speaker of Parliament and Member of Parliament for Bekwai, Joseph Osei-Owusu has reiterated his controversial and extreme approach to dealing with illegal mining, commonly known as galamsey. In a bold and unflinching statement made during a radio interview on a local Kumasi-based station, the First Deputy Speaker advocated for the …

The vicissitudes of mineral policy in Ghana

Since colonial times, mineral policy in Ghana has concentrated on gold, diamonds, bauxite and manganese for export. After Ghana obtained independence from Britain in 1957, the basic framework of mineral rights was …

Ghana to repeal pro-mining legislation amid protests, but …

The Ghanaian government is set to repeal its controversial pro-mining legislation, following weeks of demonstrations against environmentally disastrous mining, including the threat of a nationwide ...

Invest in Ghana Mining Sector

Why Invest in Ghana Ghana is the preferred destination for a perfect blend of mineral resource potential, stable regulatory environment, favourable fiscal regime, and socially responsive mining in Africa. #1 Producer of Gold in Africa Currently, Ghana is the number one (1) gold producer, number three (3) manganese producer and number three (3) bauxite producer […]

Minerals Commission Official Website

Ensure the mining sector is linked with the rest of the economy. The average price of gold in 2019 (US$ 1,393.34/oz) was higher than that of 2018 (US$ 1,268.49/oz). The improvement in gold …

Ghana: Mineral Policy

6. Mining is a century old industry in Ghana. Ghana remains the second largest gold producer in Africa after South Africa and tenth largest globally. With an average annual …