Category: Minerals & Energy

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Ghana:GIISDEC engages B5 Plus on scrap metal policy, concession interest

The Ghana Integrated Iron and Steel Development Corporation (GIISDEC) has engaged B5 Plus Limited as part of ongoing consultations aimed at strengthening Ghana’s iron and steel industry, with discussions also touching on the company’s expressed interest in acquiring a concession. The engagement took place on Wednesday, 14 January 2026, when the Chief Executive Officer of …

Ghana secures US$60m boost for Nyinahin Bauxite Project

The Ghana Integrated Aluminium Development Corporation (GIADEC), Metalloid Resources Investment LLC-SPC (Metalloid), and Ghana Integrated Bauxite Development Limited Company (GIBDLC), a special purpose vehicle of GIADEC, have announced the execution of a US$60 million facility agreement to advance mining activities at Nyinahin in the Ashanti Region. The strategic partnership forms part of GIADEC’s broader initiative …

Canadian Police Arrest New Suspect in $22.5m Gold Theft

Another arrest has been made in connection with what police have described as a “daring theft” — the single largest gold heist in Canadian history. Police on Monday arrested Arsalan Chaudhary, 43, after he arrived at Toronto Pearson International Airport on a flight from Dubai. He has been charged with theft over C$5,000, two counts …

Henry Osei: How Ghana’s gold purchase bonus works and why it matters

Ghana’s gold purchase bonus, administered by GoldBod, has become a central feature of the domestic gold market. Introduced to encourage miners to sell gold through formal channels, the mechanism has helped increase official gold purchases and support foreign exchange reserve accumulation. Recent analysis shows, however, that the bonus has broader macroeconomic and institutional implications that …