Under the new system, which takes effect on July 1, 2026, GoldBod will adopt the internationally recognised London Bullion Market Association (LBMA) Gold Price AM and LBMA Gold Price PM benchmarks as the sole basis for determining official local gold purchase prices. The Ghana Gold Board (GoldBod) has announced a new official gold pricing regime …
Gold declined toward $4,000 an ounce and silver plunged as much as 5.8% as a broad selloff swept through financial markets. Bullion prices dropped as much as 2.4% to about $4,091, nearing a low struck earlier this month, as technology stocks led global declines in equity markets. While gold is known as a haven investment, …
Guinean President Mamadi Doumbouya announced a ban on raw gold exports, in an effort to boost local processing of the metal and help the domestic economy. Doumbouya made the announcement during a meeting with industrial and artisanal gold producers as well as gold buying offices operating in the West African nation. “Guinea has the second-largest …
Mining governance expert Dr Kenneth Bansah has called for a phased approach to increasing local ownership of Ghana's major mining assets, arguing that concerns about financing and sustainability should not be used as blanket reasons to oppose the government's localization agenda. His comments come amid reports that the government is considering transferring the mining lease …
Protesters blocked copper concentrate exports from Rio Tinto’s (ASX: RIO) Oyu Tolgoi mine on Wednesday, disrupting shipments from one of the world’s most important copper projects and renewing scrutiny of how Mongolia benefits from its vast mineral wealth. The demonstration, organized by the Radical Reform Movement, temporarily halted traffic on a road used to transport …
The Minister for Lands and Natural Resources, Emmanuel Armah-Kofi Buah, on Wednesday(June 17), inaugurated a 20-member Greater Accra Public Lands Protection Taskforce in Accra to strengthen efforts to protect and preserve public lands in the region. The taskforce, made up of representatives from the Lands Commission, the Ministry of Lands and Natural Resources, the Ghana …
Adamus Resources Limited has denied allegations linking the company or its security personnel to the fatal shooting of an individual reportedly involved in illegal mining activities within the company's concession area at Salman in the Nzema East District. In a statement issued on June 16, 2026, the company described the claims as false and unsupported …
Ghana has commissioned an upgraded National Seismic Monitoring Network to enhance earthquake detection, monitoring and disaster preparedness across the country. The modernised system, unveiled by the Ghana Geological Survey Authority (GGSA) under the Ministry of Lands and Natural Resources, is capable of transmitting real-time seismic data to improve the country's response to earthquake activity. Speaking …
The Trump administration's push to boost critical minerals production by regulating prices is facing skeptical G7 allies and a divided mining industry, with negotiations for a Western trading bloc stumbling over concerns about the plan's cost and governance, according to diplomatic sources and a Reuters analysis of corporate policy recommendations. First proposed by U.S. Vice …
Italy has expressed its commitment to Ghana’s development agenda with the unveiling of its national pavilion at the just-ended West African Mining & Power Expo (WAMPEX), underscoring Italy’s deepening partnership with Ghana in support of its sustainable development goals in the mining, energy, and industrial sectors. Italy’s participation aligns closely with Ghana’s ambitions to harness …
