Minister for Fisheries and Aquaculture, Emelia Arthur, has called for the Cape Three Points Forest Reserve to be upgraded into a national park with a permanent security presence to curb illegal mining and protect the country's Marine Protected Area (MPA). Speaking during the Ministry's Mid-Year Media Engagement in Accra on Wednesday, July 22, the Minister …
Lithium futures in China sank to a five-month low on Tuesday as expectations that a wave of restarted mines will tip the market back into oversupply next year overshadowed strong near-term demand from the electric vehicle and energy storage sectors. The most active lithium carbonate contract on the Guangzhou Futures Exchange fell to 136,800 yuan …
Ghana earned US$12.5 billion from gold exports during the first half of 2026, reinforcing the mineral’s position as the country’s largest foreign exchange earner, according to the latest Bank of Ghana Summary of Macroeconomic and Financial Data. The central bank’s data show that total exports reached US$18.29 billion between January and June 2026, with gold …
The National Petroleum Authority (NPA) has dismissed media reports suggesting financial loss, corruption and misappropriation in its operations, stating that the Auditor-General's Performance Audit Report did not make such findings. In a statement issued on Monday, July 20, 2026, the Authority said it had taken note of a media publication commenting on the Auditor-General's Performance …
Dr Frank Boateng, Director of the Institute of Minerals Resource Investments and Governance (IMRIG) , has facilitated a training session on financing Ghana's artisanal and small-scale gold mining (ASGM) sector as part of efforts to promote financial inclusion and responsible mining practices. The session formed part of an ongoing capacity-building programme for financial institutions under …
Gold is heading for its biggest weekly loss since early June as the war-driven surge in oil keeps hawkish Federal Reserve bets alive. In what has become customary on precious metals markets, the fallout for bullion stocks has been much harsher. Gold swung between gains and losses on Friday, with spot gold up 0.4% at …
The European Union (EU) has banned the purchase, import and transfer of gold from Sudan, saying the trade has become a key source of financing for the country's civil war that erupted in April 2023. The conflict between the regular army and the paramilitary Rapid Support Forces (RSF) has triggered one of the world's worst …
De Beers will suspend production at its Venetia mine, South Africa’s highest-value diamond operation, for two years as the company cuts costs and streamlines its business to withstand a prolonged downturn in the rough diamond market. The Anglo American controlled diamond producer said the pause will reduce and defer spending on Venetia’s underground expansion while …
The Minister of Lands and Natural Resources, Emmanuel Armah-Kofi Buah, has stated that his intervention helped resolve the dispute between Azumah Resources Ghana Limited and Engineers & Planners (E&P), adding that he is not aware of any ongoing arbitration proceedings between the two companies. The Minister made the clarification in response to a public inquiry …
Tax authorities in the Democratic Republic of Congo sealed off offices belonging to a Glencore Plc-owned copper mine, escalating a row over payments allegedly owed to the state. The government agency, known by its French acronym DGI, shut Kamoto Copper Co.’s offices in the city of Kolwezi on Thursday, according to people familiar with the …
