Newmont will invest approximately $800 million in Argentina’s Cerro Negro mine, the country’s economy minister, Luis Caputo, said on Tuesday. The investment will be used to restart and expand the Cerro Negro Expansion 1 (CNE1) project, which aims to extend the mine’s operational life beyond 2035. “This investment aims to strengthen the company’s operational safety, …
BCM Group, in partnership with Oriole Resources PLC, has successfully completed the maiden diamond drilling programme at the MB01-N target of the Mbe Gold Project in Cameroon. The programme delivered 3,000 metres of drilling across 15 holes, marking a significant milestone in advancing the project. Following the completion of the drilling programme, BCM Group has …
The Chief Executive Officer of the Minerals Commission, Isaac Tandoh, is leading a high-powered Ghanaian delegation to the 2026 Prospectors & Developers Association of Canada (PDAC) Conference in Toronto. The annual event, scheduled for March 1–4, 2026, is one of the world’s leading mining conventions, bringing together industry leaders, investors, exploration companies and policymakers to …
The Environmental Protection Authority (EPA) has issued a public notice on the Scoping Report and Draft Terms of Reference for the proposed Nyinahin Block A Bauxite Mining Project by the Ghana Integrated Aluminium Development Corporation (GIADEC). The proposed project is located at Nyinahin in the Atwima Mponua District of the Ashanti Region. According to the …
Atlantic Lithium Limited has confirmed that discussions regarding a potential acquisition of the company have ended without agreement. The company disclosed that it had received a conditional, non-binding and indicative change-of-control proposal for the acquisition of 100% of its share capital by way of a scheme of arrangement. Following receipt of the proposal, Atlantic Lithium …
Natural resource governance expert Dr Steve Manteaw has called for the establishment of a dedicated Local Content Fund to strengthen Ghanaian participation in the mining sector. He said Ghana must adopt a clear and measurable strategy to achieve its local content objectives, with defined targets and performance benchmarks within a specified timeframe. According to him, …
The Institute of Economic Affairs (IEA) is proposing that the government establish a Ghana Mining Company to hold ownership of all mines on behalf of the State. The proposal follows Gold Fields’ announcement that it will transition the Damang Mine to Ghanaian ownership in April this year. The IEA believes the formation of such a …
Gold Fields will transition ownership and operation of the Damang Mine to Ghanaian ownership effective April 18, 2026, Chief Executive Officer Mike Fraser has announced. Speaking during a media engagement, Fraser said the company had applied for a lease extension in April 2025. However, the Government indicated its preference for the asset to transition to …
Gold Fields recorded zero fatalities across all its operations in 2025, marking what the company describes as a significant safety milestone. Speaking during a media roundtable on the company’s full-year results, Chief Executive Officer Mike Fraser said the achievement reflects the company’s strong focus on safe delivery across its global portfolio. “First and foremost, we …
The Chief Executive Officer of the Minerals Commission, Isaac Andrews Tandoh, has identified fronting as a major driver of persistent challenges in Ghana’s mining sector, including illegal mining activities. Speaking at the Local Content Summit 2026, Tandoh said the practice—where foreign interests operate behind Ghanaian identities to secure licences and mineral rights—continues to undermine regulatory …
