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Bansah: Ghana’s 30% gold purchase deal could unlock US$3.5bn annually

Mining engineer and mineral economist Dr Kenneth Bansah says Ghana's new policy to purchase 30% of gold produced by large-scale mining companies for local refining could significantly strengthen the country's foreign reserves and support the stability of the cedi. In an analysis shared following the Finance Minister's 2026 Mid-Year Budget Review, Dr Bansah said the …

Gold Fields strengthens community engagement with Apinto traditional leaders

Elders of the Apinto Divisional Council have visited Gold Fields' Tarkwa Mine to engage with the company's leadership and gain a better understanding of its mining operations, environmental management and community engagement initiatives. The delegation was received by Senior Vice President Elliot Twum, who provided an overview of the mine's operations and outlined the company's …

VIDEO: Ghana’s Cape Three Points Marine Protected Area under threat from illegal mining-Arthur

The Minister for Fisheries and Aquaculture, Emelia Arthur, has warned that illegal mining activities in the Cape Three Points Forest Reserve are threatening the ecological integrity of the Cape Three Points Marine Protected Area (MPA). Speaking at the Ministry's Mid-Year Media Engagement in Accra on Wednesday, July 22, the Minister said streams originating from the …

Low diamond prices force closure of Canada’s first diamond mine

Canada’s first diamond mine, Ekati in the Northwest Territories, will shut down following a Supreme Court of British Columbia ruling placed it into receivership this week.   Arctic Canadian Diamond Company, a subsidiary of Australian-based Burgundy Diamond Mines operated the historic Ekati diamond mine approximately 300 km northeast of Yellowknife after it bought the asset from Dominion Diamond in 2021.   Low global diamond prices compounded with tariffs, competition from …

Deep-sea mining threatens 60% of vent species: IUCN

More than 60% of the rare mollusc species living around deep-sea hydrothermal vents face extinction from proposed seabed mining, prompting the International Union for Conservation of Nature (IUCN) to renew calls for a moratorium ahead of global talks on regulating the industry. The IUCN, the global scientific authority on the status of species, said Thursday …

EPA consults stakeholders on offshore mineral exploration programme

The Environmental Protection Authority (EPA) has held a stakeholder engagement to discuss a proposed offshore reconnaissance project covering Ghana's coastline from Half-Assini in the Western Region to Winneba in the Central Region. The meeting, held at the Accra City Hotel, brought together representatives from technical, academic and government institutions to review the proposed GoldCoast GRC …

Awuni: GoldCoast GRC’s offshore exploration permit under strict regulatory scrutiny

The Minerals Commission has reaffirmed that no operating permit will be issued for GoldCoast GRC Ghana Limited's proposed offshore mineral reconnaissance activities until the company satisfies Ghana's environmental and regulatory requirements. Speaking at an Environmental Protection Authority  (EPA) stakeholder engagement in Accra, Deputy Chief Executive Officer of the Minerals Commission, Victoria Awuni, said the company's …