The Minister for Energy and Green Transition, John Jinapor, has outlined regulatory measures to manage the growing impact of electric vehicles (EVs) on Ghana’s power grid, following the Public Utilities Regulatory Commission’s (PURC) approval of a dedicated electricity tariff for public EV charging. The approved tariff of GH¢2.016 per kilowatt-hour, effective April 1, marks a …
Gold has hit its worst weekly loss since 1983 this week. it has dropped by about 11%. I referred to the high possibility of correction from the $5000 highs early this year in this interview. That theory was premised on possible liquidations led by Central Banks worldwide as the need for liquidity bites and possible …
HE stranger aspect of the Iran conflict’s fallout on markets – at least, for South African investors – has been the rout in gold shares these past two weeks. With gold down 17% since its January peak, there’s been nothing safe haven about the precious metal at all. In fact, it’s the main reason the …
Parliament has approved a landmark lithium mining agreement between the Government of Ghana and Barari DV Limited, clearing the way for large-scale commercial extraction of the strategic mineral despite strong opposition from the Minority Caucus. The deal, tied to the development of the Ewoyaa lithium deposit in the Central Region, is expected to position Ghana …
GoTyme Bank (formerly TymeBank), one of Africa’s fastest-growing retail banks, and BPC, a global leader in payment solutions, are marking a decade-long partnership that has taken GoTyme Bank from the start of the project to official launch, to more than 12 million customers in South Africa today. BPC has supported GoTyme Bank’s promise of simple, …
Rio Tinto said it has gained control of acreage in Arizona needed to build the Resolution Copper mine, a project slated to become one of the largest US sources of the critical mineral but one that Native Americans have opposed for more than 20 years. The move marks what is likely the end of a …
Global mining giant BHP has announced the appointment of Brandon Craig as its new Chief Executive Officer, effective July 1, 2026. He will succeed Mike Henry, who is stepping down after six and a half years in the role. Craig, currently President Americas, brings over 25 years of experience at BHP. He has played a …
Newmont paid a total of GH₵12.822 billion in taxes and other statutory payments to the Government of Ghana in 2025, reinforcing its position as a leading contributor to the country’s domestic revenue. These payments were made to various state agencies, including the Ghana Revenue Authority, the Forestry Commission, and the Ministry of Finance. The company’s …
The Minerals Commission has held a high-level meeting with an International Monetary Fund (IMF) Fiscal Transparency Evaluation Mission, led by Almudena Fernandez, to review and strengthen transparency and accountability frameworks within Ghana’s mining sector. The engagement, which took place at the Commission’s head office, brought together senior officials led by the Chief Executive Officer, Mr. …
Ghana’s Parliament has approved a reduction in the Growth and Sustainability Levy on gold mining companies from three percent to one percent of gross production. The amendment, passed on March 14, 2026, aligns the levy with the country’s newly introduced Minerals and Mining Royalty Regulations, 2025, which establish a sliding-scale royalty system linked to global …
