The Minerals Commission has initiated a structured process to ensure the continued operation of the Damang Mine as the current mining lease held by Gold Fields Limited approaches its expiration. Working closely with the Ministry of Lands and Natural Resources, the Commission is overseeing a transition plan aimed at maintaining production, safeguarding jobs, and preserving …
Despite an ongoing Middle East war that has knocked down gold prices, US President Donald Trump offered his blunt take on the metal’s enduring appeal. “I’m a gold person. It’s all real stuff,” he said in a during a Cabinet meeting on Thursday, his first since the strike on Iran more than three week ago. …
The Government of Ghana has issued a tender notice for the selection of a strategic investor to take over the lease and operation of the Damang Gold Mine, as the current lease held by Abosso Goldfields Limited approaches its expiry in April 2026. The tender, published by the Minerals Commission, formally initiates a competitive bidding …
Gold grabbed the spotlight in 2025 as rising global trade tensions and accelerated central bank buying propelled the metal by more than 60%. Its rise continued into 2026, with prices reaching an all-time peak of nearly $5,600 an ounce in January. Since then, bullion has fallen hard amid a market-wide liquidity stress and rising expectations …
Exchange-traded fund investors have been pulling money out of commodities products at the fastest clip on record as the conflict in the Middle East continues to rattle markets. Roughly $11 billion has been yanked from roughly 100 ETFs spanning precious metals and broad commodity funds. While March is not over yet, the amount marks the …
A lawyer for Sibanye-Stillwater was shot and killed in central Johannesburg in what authorities say bears the hallmarks of a targeted attack. Sibanye-Stillwater is a global mining and metals processing group with a diverse portfolio of operations, projects and investments across five continents. Chinette Gallichan, a 35-year-old litigation attorney, was gunned down Monday while en …
The Minerals Income Investment Fund (MIIF) has reaffirmed its commitment to transparency and the sustainable management of Ghana’s mineral resources, emphasizing its resolve to deliver lasting benefits for both present and future generations. Speaking at an Editors’ Forum held at the Accra City Hotel, Chief Executive Officer of MIIF, Mrs Justina Nelson, underscored the Fund’s …
Government has intensified its nationwide registration exercise for small-scale and artisanal miners, with ongoing operations in the Western and Western North Regions, as part of a broader strategy to formalise and regulate the sector. The initiative aims to organise miners into legally recognised cooperatives, ensuring compliance with regulatory frameworks and alignment with Ghana’s mining laws. …
Zijin Gold is acquiring a controlling stake in Chifeng Jilong Gold Mining for 18.26 billion yuan ($2.64 billion), reinforcing its position as China’s largest gold producer. The unit of Zijin Mining Group will purchase existing mainland-listed shares and newly issued Hong Kong shares, lifting its interest to nearly 26% and securing effective control with full …
Atlantic Lithium Limited has taken a significant step toward production after Parliament ratified the mining lease for its flagship Ewoyaa Lithium Project, bringing Ghana closer to establishing its first lithium mine. The parliamentary approval formally clears the way for the development of the Ewoyaa Lithium Mine and Processing Plant, enabling the company to advance key …
