Category: Mining/Oil & Gas

Curbing Ghana’s Exports of Raw Gold….Ghana GoldBod-SAM Refinery,Dubai Join Hands

Ghana’s GoldBod and SAM Precious Metals,Dubai,UAE, headquartered  premier precious metals refinery are joining hands in order to position  Ghana as a gold processing hub This was disclosed by Sammy Gyamfi,CEO,Ghana GoldBod during a recent interview with Joy News’ PM Business Edition  interview in Accra Mr.Gymafi,Joy News said  was emphatic that this is part of a broader push to end the export of raw minerals and also  adding  that, the shift from exporting raw gold to refined products is already underway. “We are going to be decreasing the quantity of raw…

Burkina Faso’s largest gold mine to drive West African Resources’ record output in 2026

Solomon Ekanem First published,02 April 2026 West African Resources is poised for a landmark year in 2026, forecasting annual gold production of between 430,000 and 490,000 ounces, driven by its Burkina Faso operations. West African Resources forecasts annual gold production of 430,000–490,000 ounces in 2026, driven by operations in Burkina Faso. The surge is fueled by the first full year of output from the Kiaka mine and continued strong performance at the Sanbrado mine. Targeting an all-in sustaining cost below $1,900 per ounce, the company expects strong margins amid global…

Asanko Gold seals $400m Rabotec deal to drive jobs, local capacity-Emmanuel Oppong

City FM News,First Published-March 30,2026 Asanko Gold Ghana LTD has signed a $400 million, four-year contract with Rabotec Engineering and Construction to deepen local participation in its mining operations while boosting employment and skills development in line with Ghana’s local content agenda. According to the company, the agreement marks “a new phase” in its long-standing relationship with the Ghanaian-owned mining services firm and reflects a strategic move to retain more value within the local economy. Speaking at the signing, Executive Vice President and Managing Director of Asanko Gold Ghana Limited,…

Leveraging Africa’s Gold/Mineral Reserves for Economic Independence

Aurum Elite Bullion LLC Leads the Charge Story: Mohammed A. Abu Africa holds roughly 30% of the world’s mineral reserves, including 40% of its gold and up to 90% of chromium and platinum. The continent  is a global powerhouse for resources, containing 65% of the world’s arable land, 10% of its oil, and significant deposits of cobalt, diamonds, and uranium, making it essential to global supply chains. Against this backdrop,governments of African countries need sober reflection over the thorny issue of  political independence minus  economic independence complicated  by ever rising public…

Atlantic Lithium wins key Ghana approval for Ewoyaa mine

Australia’s Atlantic Lithium (ASX: A11) has secured Ghanaian parliamentary approval to develop the Ewoyaa project, the country’s first lithium mine, under revised royalty terms tied to market prices. The ratified 15-year lease introduces a sliding royalty scale on spodumene concentrate, ranging from 5% when prices fall below $1,500 a tonne to 12% when they exceed $3,200, replacing the flat 10% rate previously sought by Ghana. The new structure follows a broader overhaul of royalty frameworks for lithium and gold adopted earlier this month, clearing a path for the long-delayed project. The approval…

GIADEC, Metalloid, GIBDLC sign $60m agreement to develop Nyinahin mines

Daily Graphic,First Published, Jan – 16 – 2026 , 09:57 The Ghana Integrated Aluminium Development Corporation (GIADEC), Metalloid Resources Investment (Metalloid) and the Ghana Integrated Bauxite Development Limited Company (GIBDLC) have signed a $60 million agreement aimed at advancing mining activities in Nyinahin in the Ashanti Region.  The strategic partnership, signed in Abu Dhabi, the capital of the United Arab Emirates (UAE), last Wednesday, is part of a broader initiative of GIADEC, a special purpose vehicle, to develop Ghana’s aluminium industry, focusing on the exploration and commercialisation of the country’s estimated…

SPE Leaders to Deliver Keynotes at MSGBC Oil, Gas & Power 2025

Dr. Rose Ndong, Chair of the Society of Petroleum Engineers (SPE) Dakar Section; and Dr. Riverson Oppong, SPE Africa Director, will participate as keynote speakers at the MSGBC Oil, Gas & Power 2025 conference and exhibition according to an official issued in Dakar, Monday. Both leaders, the statement said, will deliver keynote addresses during the official SPE Workshop, taking place on December 8 in Dakar as part of this year’s program. The SPE Dakar Section serves as a technical and professional hub for Senegal’s emerging oil and gas industry. Under…

Former Niger Hydrocarbons Chief Joins MSGBC 2025 As a Speaker

Kabirou Zakari Oumarou, Former Director General of Hydrocarbons at Niger’s Ministry of Energy, has joined the upcoming MSGBC Oil, Gas & Power 2025 conference and exhibition – taking place in Dakar from December 8-10 – as a speaker,says an official statement issued in Dakar,Wednesday. Oumarou is expected to engage with global investors and public- and private-sector stakeholders from across the MSGBC region and Africa, showcasing emerging opportunities within Niger’s hydrocarbons sector. Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sector. His…

Security Forces Arrest 300 in Major Anti-Galamsey Swoop in Obuasi

Fist Published November 12, 2025, Apex NewsGh In a sweeping crackdown on illegal mining, security forces made a decisive move in the Obuasi Municipality on Wednesday, arresting approximately 300 individuals suspected of engaging in galamsey operations. The joint operation, carried out by police and military personnel, targeted several communities notorious for their involvement in illegal mining activities, including Dadwen, Obuasi-Nhyiaeso, and Obuasi-Anwona.The large-scale raid was prompted by a recent attack on officials from the Environmental Protection Agency (EPA) and journalists, who had been carrying out anti-illegal mining duties in the…

GOIL to Commission Additional 12,000 Metric Tons of Liquefied Petroleum Gas (LPG) Storage Capacity in Ghana

CAPE TOWN, South Africa, October 7, 2025/ — GOIL PLC, Ghana’s leading oil and gas marketing company, is planning to commission an additional 12,000 metric tons of liquefied petroleum gas (LPG) storage capacity in the next year, anchored by a $50 million investment. Speaking during a panel at Africa Energy Week (AEW): Invest in African Energies 2025, Edward Abambire Bawa, Group CEO and Managing Director of GOIL PLC, said the company was spearheading a transformative expansion in LPG storage capacity to address growing domestic demand and to strengthen the country’s…