Gold continued to play a pivotal role in strengthening Ghana’s external buffers in 2025, even as the Bank of Ghana (BoG) strategically drew down part of its bullion holdings to support foreign exchange reserves, according to the central bank’s January 2026 Summary of Economic and Financial Data. The BoG’s gold holdings peaked at 37.1 tonnes …
The Minerals Commission has appointed Ing. Frank Asare, Esq., PE-GhIE, as Director of the Mineral Titles Department, a key directorate responsible for the administration and management of mineral rights in Ghana. Ing. Asare is a professional engineer and a lawyer, bringing combined technical, legal, and policy expertise to the role at a time of heightened …
Finance Minister Dr Ashni Singh has revealed that the gold mining industry recorded growth in 2025, with an estimated expansion of 11.6%. He said total gold declarations amounted to 484,321 ounces. According to Dr Singh, declarations from licenced dealers declined by 21.5% to 121,883 ounces. However, he said output from the lone large-scale operator increased …
Gold surged to a record high above $5,100 an ounce on Monday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical uncertainties. Spot gold were up 2.2% at $5,089.78 per ounce by 0656 GMT, after earlier touching an all-time high of $5,110.50. U.S. gold futures for February delivery also gained …
The US government plans to acquire a 10% stake in USA Rare Earth as part of a $1.6 billion investment package to support the company’s development of a domestic mine-to-magnet supply chain, according to reports. Under the agreement, as first reported by the Financial Times on Saturday, Washington would receive 16.1 million shares of USAR …
A 15-member delegation from the Tanzanian Minerals Commission on Tuesday, January 20, 2026, paid a study visit to the Ghana Gold Board (GoldBod) to gain insights into the entity’s operations and Ghana’s regulatory framework for the precious minerals sector. According to the delegation, the visit was aimed at understanding Ghana’s gold-buying system and regulatory regime …
The Democratic Republic of Congo has handed the United States a vetted list of mining and processing projects open to American investment, signalling Washington’s most concrete move yet to chip away at China’s grip on critical minerals. The shortlist, delivered to US officials last week, spans Kisenge’s manganese, gold and cassiterite licences, Gecamines’ Mutoshi copper-cobalt …
The Ghana Integrated Aluminium Development Corporation (GIADEC) has firmly rejected reports suggesting that the Volta Aluminium Company (VALCO) has been sold, describing such claims as false and misleading. In a statement issued on Tuesday(January 20), GIADEC clarified that no sale of VALCO has taken place, stressing that ongoing processes around the aluminium smelter are aimed …
Gold roared past $4,700 for the first time Tuesday, while silver also set a new milestone, as investors continue to pile into safe havens amid tensions between the US and Europe over Greenland. Spot gold rose as much as 1.4% to an all-time best $4,749.84 an ounce, taking its gains in 2026 to nearly 8%. …
The Ghana Gold Board(GoldBod) has signed a Gold Refining Agreement with Gold Coast Refinery Company Limited, marking a major milestone in the country’s efforts to deepen local value addition and strengthen the gold value chain. The agreement, which is the first-ever local gold refining arrangement between the Government of Ghana and a Ghana-based refinery, is …
