Africa hosts an estimated US$29.5 trillion in mine-site mineral value, representing about 20% of global mineral wealth, yet captures only a fraction of the economic value embedded in this endowment, according to a new study released today by Africa Finance Corporation (AFC). Of this total, US$8.6 trillion remains undeveloped, reflecting an under-explored continent where fragmented …
President John Dramani Mahama has dismissed suggestions that political influence contributed to the rise of businessman Ibrahim Mahama, insisting that the success of Engineers and Planners is the result of discipline, competence and hard work. Speaking at the 18th Special Congregation of the University of Mines and Technology (UMaT), where Ibrahim Mahama was awarded an …
President John Dramani Mahama has paid tribute to the entrepreneurial journey and impact of businessman Ibrahim Mahama, describing him as a pioneer who helped break barriers for indigenous Ghanaian participation in the mining sector. Speaking at the 18th Special Congregation of the University of Mines and Technology (UMaT) on Saturday, January 31, where Ibrahim Mahama, …
Newmont , a gold mining company, has reaffirmed its commitment to enhancing healthcare delivery with the donation of three vein-finder machines to the Korle Bu Polyclinic/Family Medicine Department (KPFMD). The equipment, valued at GH₵58,500, is designed to assist clinicians to identify veins more efficiently. This is expected to significantly reduce the challenges often encountered in …
The Ghana Chamber of Mines has donated GHC 1,680,000 to the Ghana Air Force (GAF), completing its pledged financial support towards the refurbishment of aircraft for national assignments. The donation represents the final tranche of a US$300,000 commitment made by the Chamber to support the operational readiness of the Ghana Air Force. The funds are …
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has inspected the successful reclamation of 320 hectares of degraded, mined-out lands at Manso Nyankomanse in the Ashanti Region. During a visit to the site on Wednesday, February 4, 2026, the Minister commended the completion of the project, describing it as a significant step in …
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has commended Newmont Ghana Limited for supporting the successful reclamation of 320 hectares of degraded, mined-out lands at Manso Nyankomanse in the Ashanti Region. Speaking during an inspection of the project, the Minister said Newmont’s contribution demonstrates the critical role corporate institutions can play in …
Glencore and the Orion Critical Mineral Consortium (Orion CMC) have signed a non-binding Memorandum of Understanding for a potential acquisition by Orion CMC of a 40 per cent stake in Glencore’s interests in its Democratic Republic of Congo assets, Mutanda Mining (Mumi) and Kamoto Copper Company (KCC). The proposed transaction is expected to imply a …
The Tanzanian government has launched a helicopter equipped with modern technology for mineral exploration. The project is in tandem with the strategy to expand deep mineral research to 50 percent of the country by 2030. The minister for Minerals, Mr Anthony Mavunde officiated the launch that took place on February 1, 2026 at Buzwagi, Kahama. …
More than 200 people were killed this week in a collapse at the Rubaya coltan mine in eastern Democratic Republic of Congo, Lumumba Kambere Muyisa, spokesperson for the rebel-appointed governor of the province where the mine is located, told Reuters on Friday. Rubaya produces around 15% of the world’s coltan, which is processed into tantalum, …
