Ghana’s industrial transformation agenda received a significant boost with the official commissioning of the country’s first steel balls manufacturing plant at Lakpleku, Ningo Prampram, in the Greater Accra Region. On February 20, 2026, the Chief Executive Officer of the Minerals Commission, Isaac Tandoh, joined industry leaders at the inauguration of the state-of-the-art facility developed by …
Stanbic Bank Ghana , in collaboration with The Standard Bank of South Africa Limited, has arranged a US$205m senior secured term loan and revolving credit facilities for Engineers & Planners Company Limited (E&P), Ghana’s largest indigenous mining contractor. The five-year facility is expected to support E&P’s long-term mining operations with Gold Fields Ghana Limited. The …
The government has unveiled an ambitious plan to triple Ghana’s import cover to 15 months by 2028, positioning gold at the centre of what the Finance Minister has described as an “economic war chest” to shield the country from future global shocks. Presenting the Ghana Accelerated National Reserve Accumulation Policy (GANRAP) (2026–2028) to Parliament on …
The newly appointed Executive Secretary of the Energy Commission, Adwoa Serwaa Bondzie, has addressed management and staff at a durbar, outlining her vision for a renewed and strengthened Commission. She expressed gratitude to past and present Boards, management and staff for their dedication and resilience, which she said have positioned the Commission as Ghana’s pioneer …
Anglo American posted a $3.7 billion loss on Friday after taking a fresh $2.3 billion writedown on De Beers, as a deepening crisis in the global diamond market continues to weigh on the miner’s bottom line. The pre-tax impairment cut De Beers’ carrying value to $2.3 billion from more than $4 billion. Anglo has written down …
Atlantic Lithium Limited has confirmed that Ghana’s Parliament has begun considering the ratification of the Mining Lease for its flagship Ewoyaa Lithium Project. In a corporate update issued on 23 February 2026, the AIM, ASX and GSE-listed company said it understands that the Parliamentary Select Committee on Lands and Natural Resources met on 12 February …
Tullow Oil plc’s subsidiary, Tullow Ghana Limited (TGL), on behalf of itself and its joint venture partners, has signed a Sale and Purchase Agreement (SPA) to acquire the floating production, storage, and offloading (FPSO) vessel Prof. John Evans Atta Mills for a gross consideration of $205 million (approximately $125.6 million net to Tullow). Completion is …
Newcore Gold plans to invest more than US$250 million in Ghana over the next few years as it advances its Enchi Gold Project toward production, according to the company’s President, CEO and Director, Luke Alexander. Speaking on the project’s outlook, Mr. Alexander expressed strong confidence in Ghana as a mining jurisdiction, describing the country as …
The Ghana Gold Board (GoldBod) has announced the immediate suspension of applications for specific categories of gold buying licenses as part of a strategic reform process aimed at strengthening and modernizing Ghana’s gold buying regime. The suspension affects new applications for Tier 1 and Tier 2 buying licenses as well as the Self-Financing Aggregator License …
The Ghana Integrated Iron and Steel Development Corporation (GIISDEC) has recorded significant investor interest in Ghana’s iron ore sector during the 2026 Mining Indaba in Cape Town, South Africa. Chief Executive Officer of GIISDEC, Williams Okofo-Dateh, disclosed in an interview on the sidelines of the event that the Corporation engaged several prospective investors interested in …
