A coalition of 34 non-governmental organisations has called for sweeping reforms to tackle illicit gold trade and related financial crimes ahead of the UK Illicit Finance Summit scheduled for June 23–24, 2026, in London. In a policy briefing, the groups highlighted significant gaps in existing certification schemes and industry-led responsible sourcing standards, warning that these …
The reduction of allocations to the Minerals Income Investment Fund (MIIF) from 80% to 2% has sparked concern among policy experts, who warn that the move could significantly undermine the Fund’s capacity and long-term relevance in Ghana’s extractive sector. Speaking at a stakeholder engagement organised by the Natural Resource Governance Institute (NRGI) and the Centre …
Gold logged its worst month since the global financial crisis despite climbing for a third session Tuesday on signs the US and Iran are open to ending the war in the Middle East. The US dollar and Treasury yields retreated further on reports that both countries are signaling an opening toward a resolution. That helped …
The Minerals Commission welcomed a nine-member delegation from the Central Bank of Kenya (CBK), led by Mr. David Luusa, Director of Financial Markets, to its head office in Accra for a study visit focused on Ghana’s minerals regulatory framework and its support for the Domestic Gold Purchase Programme (DGPP). Facilitated through the Bank of Ghana’s …
Gold staged a recovery, putting it on track for its first weekly gain since the US-Israeli war in Iran began, as bargain-buying accelerated after recent price declines. The metal rose as much as much as 4.1% to top $4,550 an ounce Friday, clawing back the previous session’s loss. Gold had tumbled in recent weeks as …
Gold recovered from a dramatic decline on Monday after US President Donald Trump postponed military ‌strikes against Iran, easing market worries of inflation caused by a prolonged war. Earlier, spot gold had plunged as much as 8% in London to nearly $4,100 an ounce — the lowest seen in 2026. However, it began to rebound …
China has invested more than $120 billion in overseas mining and upstream processing since 2023, accelerating a state-backed push to secure the raw materials underpinning the global energy transition, says Australian think tank Climate Energy Finance (CEF). A study published last week reveals that China’s spending targeted a wide range of commodities — including lithium, …
The Minerals Income Investment Fund (MIIF) recorded exceptional performance in mineral royalty collections during the 2025 financial year. New data showed that total royalty receipts reached a record GH₵5.43 billion, representing a 10.8% increase from the GH₵4.90 billion recorded in 2024. The landmark achievement marks the highest royalty collection since the Fund’s inception and underscores …
Atlantic Lithium Limited , the Africa-focused lithium exploration company, has secured funding of up to US$16.4 million to advance its flagship Ewoyaa Lithium Project in Ghana, the country’s first planned lithium mine. The funding comprises a strategic investment of up to US$11.0 million from Ghanaian pension funds, facilitated by IC Asset Managers Ghana Ltd , …
The Trump administration has linked discussions over HIV/AIDS funding for Zambia with broader talks surrounding the African nation’s mining sector, underscoring how the critical minerals race can be intertwined with foreign aid, according to a report by the New York Times. The issue centers on a proposed $1.5 billion US health aid package intended to …
