The Governor of the Bank of Ghana (BoG), Dr. Johnson Pandit Asiama, has defended the central bank’s decision to convert part of Ghana’s gold reserves into foreign exchange assets, describing the move as a strategic step to diversify the country’s international reserve portfolio and strengthen its resilience. Addressing the Parliamentary Committee on Economy and Development …
The Ghana Grid Company Limited (GRIDCo) has completed work on updated Generation and Transmission Master Plans covering the period 2025 to 2040, aimed at meeting the country’s growing electricity demand and expanding renewable energy in the national power mix. The updated strategic documents outline a long-term roadmap intended to guide critical investment and planning decisions …
The international pressure now surrounding Ghana’s gold policy is remarkable not because foreign governments are expressing concern—that is routine whenever major resource contracts are threatened—but because of how unusually coordinated that concern has become. When the United States, China, and several Western governments all signal discomfort at the same moment, seasoned observers of African political …
Ocean governance is entering a decisive moment as governments weigh whether to allow deep sea mining in international waters or impose a global moratorium while science and regulations catch up. The debate is intensifying ahead of a key meeting of the International Seabed Authority (ISA), the UN-established body that manages mineral-related activities in the deep …
Stock markets have slumped and global oil prices have jumped above $100 (£75.02) a barrel as the escalating US-Israeli war with Iran has fuelled fears of prolonged disruption to shipments through the Strait of Hormuz. Iran on Sunday named Mojtaba Khamenei to succeed his father Ali Khamenei as Supreme Leader, signalling that a week into …
The global passenger EV market, including plug-in and conventional hybrids, fell short of 30 million units last year, but still showed robust growth of 18% year over year. In combined battery capacity deployed – a better indicator of battery materials demand than unit sales alone – the electric car market expanded by 22%. According to …
African Rainbow Minerals will participate in a consortium bid to build and operate a new manganese export terminal at the Port of Ngqura, a project widely viewed as critical to unlocking the country’s export capacity for the key steelmaking mineral. The announcement came alongside ARM’s interim financial results released on 6 March 2026, when the …
A Canadian gold mining company sued Peru in the US as part of efforts to collect about $69 million it was awarded over violent protests that halted operations at one of its mines in the South American nation. Lupaka Gold Corp. won the award, which includes interest, last year in an arbitration proceeding that found …
The escalating conflict in the Middle East is sending immediate shockwaves through global energy markets, logistics corridors and investor sentiment — with direct and measurable implications for Africa’s mining industry. From oil price volatility to shipping disruptions and shifts in capital flows, analysts say the ripple effects could reshape operating conditions across the continent’s extractive …
A Chinese lithium producer has begun construction of a lithium processing plant in Zimbabwe as the southern African country tightens controls on raw mineral exports to encourage higher-value refining activity within its borders, said Bloomberg News on Friday. Sichuan Yahua Industrial Group, which operates the Kamativi lithium mine through a joint venture with the Zimbabwean …
