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 …
Renowned economist and Bank of Ghana Chair in Finance and Economics at the University of Ghana, Professor Yegandi Imhotep Paul Alagidede, has stated that Ghana has the domestic capacity to stabilise the cedi and break its long-standing cycle of International Monetary Fund (IMF) bailouts by anchoring the country’s monetary system to its abundant gold resources. …
The Ghana Gold Board (GoldBod) is set to formally sign a gold refining agreement with Gold Coast Refinery on Tuesday, January 20, 2026, in a move aimed at strengthening Ghana’s gold value chain and boosting local value addition. The agreement, described as a milestone partnership, is expected to enhance Ghana’s domestic gold refining capacity and …
One of the world’s biggest lithium traders is seeing a turnaround in the battery metal market as accelerating demand ends a glut that dragged down prices. “We see a very healthy Asian demand and an under-supplied market at this point in time,” said Martim Facada, managing director for lithium trading at Luxembourg-based Traxys. “We think …
The Africa Director of the Natural Resource Governance Institute (NRGI), Nafi Quarshie, has said that weak governance systems remain the biggest constraint to scaling up the global supply of critical minerals, despite growing demand driven by the energy transition. Speaking at the Future Minerals Forum in Riyadh, Quarshie noted that while governments around the world …
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 …
Ghana is participating in the Future Minerals Forum 2026 (FMF26) in Riyadh, Saudi Arabia, as part of a high-level global engagement aimed at advancing responsible and technology-driven mineral development. The forum kicked off today and runs from January 13 to 15, bringing together global stakeholders to shape the future of the minerals sector. FMF26 is …
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 …
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 …
Gold surged to a record high above $4,600 per ounce on Monday, while silver also reached a fresh peak, as investors flocked to safe-haven assets amid rising uncertainty over a reported Trump administration criminal probe involving U.S. Federal Reserve Chair Jerome Powell. Spot gold rose 1.7% to $4,584.91 per ounce by 9:30 a.m. ET (1430 …
