Category: Mining

HomeMining

Bansah: Adamus lease revocation reflects growing mining sector scrutiny — Bansah

Mining sector analyst Dr Kenneth Bansah has described the government’s decision to uphold the revocation of Adamus Resources Limited’s mining leases as a “long-overdue” decision. According to Dr. Bansah, the increasing scrutiny of mining activities in Ghana is important to ensure that the sector delivers value while meeting environmental, social and safety standards. The Minister …

Barrick, Newmont settle dispute with $1.95B deal

Barrick Mining (TSX: ABX)(NYSE: B) and Newmont have settled their outstanding Nevada Gold Mines disputes in a deal that brings key projects into the joint venture and requires Newmont to pay Barrick $1.95 billion. Under the agreement, Barrick’s Fourmile project and Newmont’s Fiberline and Mike projects will be part of Nevada Gold Mines, the largest …

Adamus Lease Revocation: Review finds GH¢377.3m in unpaid taxes, royalties

Adamus Resources Limited owes the Government of Ghana GH¢86.8 million in unpaid royalties and GH¢290.5 million in tax arrears, an Inter-Ministerial Committee reviewing the company’s petition has found. The findings contributed to the decision by the Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, to uphold the revocation of Adamus’ Akango, Salman and Nkroful …

Lands Minister upholds revocation of Adamus Resources Mining leases after review

The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has upheld the revocation of the mining leases held by Adamus Resources Limited following the submission of the final report of the Inter-Ministerial Committee tasked with reviewing the company’s petition against the initial decision. The Minister’s final determination brings to a close a review process …

Ghana: Ningo, Subriso residents protest frequent blasting at Golden Star Wassa Mine

Residents of Ningo, Subriso and other communities within the Benso Electoral Area of the Tarkwa Nsuaem Municipality have raised serious concerns over what they describe as excessive blasting activities by Golden Star Resources’ Wassa Mine. According to the residents, the frequent and intense blasting has made life increasingly difficult, with some claiming they are unable …

AngloGold Ashanti Iduapriem commissions US$1.1m neonatal intensive care unit at Tarkwa Hospital

AngloGold Ashanti Iduapriem Mine has commissioned a US$1.1 million, 60-bed Neonatal Intensive Care Unit (NICU) at the Tarkwa Municipal Hospital to strengthen specialised healthcare services for newborns in the Tarkwa Nsuaem Municipality and surrounding districts. The newly commissioned facility is designed to provide specialised care for critically ill and premature newborns, offering a dedicated environment …

Zambia weighs gold mining against wildlife conservation in Eastern Province

Government has commenced an assessment of the viability of commercial gold mining in parts of Eastern Province, with a focus on determining whether mineral resources can be responsibly exploited without compromising environmental conservation. Ministry of Mines and Minerals Development Permanent Secretary Dr. Hapenga Kabeta said the assessment is aimed at establishing the extent of gold …