Indonesia Tackles Illegal Mining Boom
Hulking excavators claw at riverbanks on Indonesia's Sumatra island in the hunt for gold, transforming what was once a rural idyll into a scarred, pitted moonscape. It is one of a huge number of...
Tag: mining
Accused Ex-Barclays Chief Quits Rio Tinto Board
Former Barclays chief executive John Varley quit as a director of mining giant Rio Tinto on Wednesday after being charged with conspiracy to commit fraud in Britain. He was among four senior...
Banks’ Loans To Private Sector Increase By 45% In April – BoG Report
Banks have begun easing out their stance on credit to the private sector following declining interest rates. The Bank of Ghana’s latest Banking sector report reveals that the credit allocation by...
Anglogold Ashanti Pledges Support To Fight Water Bodies Challenges
Anglogold Ashanti Iduapriem Gold Mine has pledged to work with government and other stakeholders in the extractive sector to help minimise environmental challenges facing the country’s water bodies...
‘Get Involved In Mining Finance’
Chief Executive of Ghana’s Minerals Commission, Dr. Tony Aubynn, has advised African banks and financial institutions to get involved in the provision of capital to local gold and diamond mining...
Was Upper Denkyira West DCE Right After All?
It was Tuesday 30th May 2017. Many Ghanaians had woken up to viral videos of the gruesome killing of a soldier. That soldier turned out to be Captain Maxwell Adam Mahama, now Major. The news, in no...
Free Movement Drives Business Opportunities In China
After an accumulative investment of over 6 billion euros in China over past two decades, the world’s leading chemical group BASF has recently inaugurated a new plant for emollients and waxes in...
US Ambassador Wants Galamsey To Be Formalized
Mr Robert P. Jackson, US Ambassador has expressed the believe that formalising the small scale mining (Galamsey) would bring sanity and protect the land. He said adopting scientific regulatory,...
Galamsey Still In Operation At Patriensa Despite Gov’t’s Order
Illegal miners at Patriensa near Konongo in the Asante-Akim Central Municipality have largely ignored the government’s order to stop the destructive activity. To them, “it is business as usual”...
Madagascar Has Great Business Prospects – President Hery
The President of Madagascar, Mr Hery Rajaonarimampianina, has called on the South African business community to invest in Madagascar. President Rajaonarimampianina made the call during the Madagascar...
Talks To Settle Tanzania Gold Fraud Dispute
Tanzania has agreed to negotiations with Canadian mining giant Barrick Gold which it accuses of operating illegally and evading taxes, a government statement said Wednesday. Barrick is the majority...
Talks To Settle Tanzania Gold Fraud Dispute
Tanzania has agreed to negotiations with Canadian mining giant Barrick Gold which it accuses of operating illegally and evading taxes, a government statement said Wednesday. Barrick is the majority...
Galamsey Kingpin Aisha Huang Returns To Bepotenteng Mining Site
Galamsey kingpin, En Huang also known as Aisha is said to have gone back to the mining concession site at Bepotenteng in the Amansie Central District in the Ashanti Region, a few days after she was...
We’ll Fight Galamsey Fiercely Despite Resistance
The Ministry of the Interior has reiterated its commitment to vigorously support government’s fight against illegal mining. It said the government will deal firmly with persons who carry out the...
UN Commends Ghana’s Efforts To Curb Illegal Mining
Madam Christine Evans-Klock, the United Nations Coordinator in Ghana, has commended the Government’s efforts to improve the regulation of small-scale mining and end Galamsey. The move is to protect...
Anti-Galamsey Campaign Gets UN Commendation
United Nations Coordinator in Ghana, Christine Evans-Klock, has commended the Government’s efforts to improve the regulation of small-scale mining and end Galamsey. The move is to protect...
Tanzania Says 19 Years of Mining Fraud Cost 75 Billion Euros
Fraud in the mining sector since 1998 has cost Tanzania 75 billion euros ($84 billion), an investigating commission said Monday, blaming foreign companies failing to declare revenues. The conclusions...
Lands Ministry, Minerals Commission Sued
Gold Ghana Limited, a small-scale mining firm in the Western Region, has sued the Ministry of Lands and Natural Resources at the Tarkwa High Court for terminating a Mineral Prospecting License...
The Chinese Factor, Environment and Global Natural Resources
Monday June 5, 2017 marked World Environment Day. The day cannot pass by without talking about Chinese attitude and global environmental debacles. Don’t I sound excessively stereotypical and...
Our Environment Needs To Be Conserved For Posterity
As part of World Environment Day, which fell on June 5 annually, the Ghana Chamber of Mines is calling for effective policy implementation to protect the environment as well as sustain the...