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Mining in Ghana

Côte d’Ivoire challenging Ghana as mining destination

By: Robyn Wilkinson     8th April 2016 Côte d’Ivoire has created an investment environment that is more attractive to foreign capital than that of Ghana, claims Australian gold explorer, developer and producer Perseus Mining CEO Jeff Quartermaine. 

Mining industry facing challenging downturn

By: Robyn Wilkinson     8th April 2016 Despite being ranked Africa’s third-most attractive mining investment destination, Ghana’s mining industry continues to face several challenges that impede operations in the country, states Ghana Chamber of Mines external relations and communications director Ahmed Nantogmah. 

Mining industry facing challenging downturn
OVERCOMING OBSTACLES Ghana’s government is liaising with the mining industry to ensure that the country remains an attractive location for mining investment

New Act to curb illegal mining in Ghana 

By: Robyn Wilkinson     8th April 2016 Enforcing the new Minerals and Mining Amendment Act (MMAA) No 900 of 2014 will do much to reduce the onslaught of illegal, or galamsey, miners on mining concessions in Ghana, claims Ghana Chamber of Mines external relations and communications director Ahmed Nantogmah. 

West African chamber to launch at Ghana mining event

8th April 2016 The newly formed West African Chamber of Mines (Wacom), which comprises chief executives from the chambers of mines in Ghana, Mali, Sierra Leone, Liberia and Burkina Faso, will be officially launched at the twelfth West African Mining & Power Exhibition (Wampex) in June. 

West African chamber to launch at Ghana mining event
LOCATION LOCATION The West African Mining & Power Exhibition serves as a valuable platform for networking between key industry players

Securing stability agreement crucial for operations

By: Robyn Wilkinson     8th April 2016 JSE-, NYSE- and SWX-listed gold producer Gold Fields is in advanced negotiations with the government of Ghana to secure a stability agreement by the end of 2016, which will enable it to operate in the country under stable fiscal conditions. 

Securing stability agreement crucial  for operations
POWER PLANS Genser Energy should be in a position to meet the power supply needs of Gold Fields’ Damang (pictured) and Tarkwa mines in Ghana by 2018

Miner confident about operations in Ghana

By: Robyn Wilkinson     8th April 2016 Gold mining company Newmont Mining believes it is on track to reach its 2016 production target of between 760 000 oz and 820 000 oz of gold for its Akyem and Ahafo mining projects, in Ghana, where the company has adopted efficiency measures to allow for its operations to be as productive as... 

Miner confident about  operations in Ghana
GROWING IN GHANA Newmont Mining is considering expanding its Ahafo mine, thereby furthering its mining investment in Ghana

Wassa advances

8th April 2016 NYSE- and TSX-listed gold mining company Golden Star’s underground development at its Wassa gold mine, in Ghana, has advanced significantly, with access to the first F Shoot stopes on schedule for the second quarter of 2016. 

Wassa advances
GOING UNDER Golden Star is developing underground mines both its established mines in Ghana – Wassa and Prestea

Explosives company helps expedite gold pour

8th April 2016 Developer, producer and supplier of commercial explosives AEL Mining Services has helped Canadian midtier gold miner Asanko Gold complete the first phase of the development of its new Obotan mine, in the Amansie West district of Ghana’s Ashanti region a month ahead of schedule. 

Explosives  company helps  expedite gold pour
BREAKING GROUND Blasting at Asanko’s new mine has facilitated the exposure of enough ore benches for mining to feed the mill at desired throughput rates

Geotextiles used to build durable access road

8th April 2016 South African manufacturer and supplier of geosynthetic products Fibertex has provided high volumes of heavy-grade nonwoven needle-punched geotextiles to be used in ongoing road construction at a major gold mine in Ghana’s Akyem mining region. This project involves continuing construction of an... 

Geotextiles used to build durable access road
CATERING TO NEEDS Geotextiles ensure mine access roads can withstand heavy loads

Further drilling at gold project to be fast-tracked

8th April 2016 Australian gold exploration and development company Cardinal Resources intends to expedite further diamond drilling at its Namdini project, in the Bolgatanga region, in Ghana. 

Further drilling at gold project to be fast-tracked
GOLDEN PROSPECT Cardinal Resources has intersected visible gold at its Namdini project, in Ghana

Optimistic about Africa, Ghana included

8th April 2016 Although the mining market is in a downturn, leading global supplier of technologies and services Bosch key account manager mining Africa region Landry Meya is optimistic about the future of mining in Africa, as he claims the industry is preparing itself to make the most of future upturns. Ghana... 

Optimistic about Africa, Ghana included
ADVANCING IN AFRICA Bosch South Africa MD Michael Kloss, Giyani Gold Corporation executive VP Knowledge Katti andBosch South Africa head of mining Landry Meya

Ghana plans for mining future

8th April 2016 Ghana is proving the value of a collaborative approach, says International Council on Mining and Metals (ICMM) CEO Tom Butler. "When stakeholders work together, the mining industry can make an important contribution to broad-based, inclusive development.” 

Ghana plans for mining future
MAKING MOST OF MINING The Ghana Chamber of Mines seeks to enhance the mining sector's socioeconomic contributions to the country

Ghana mining investments redirected to neighbouring countries

By: Pimani Baloyi     10th April 2015 Ongoing power provision challenges in Ghana, coupled with declining gold prices, have led to a decline in the start-up of new projects, the downsizing of many existing mining projects and the retrenchment of mineworkers in the gold- rich West African country, says multidisciplinary consulting... 

Ghana mining investments redirected to neighbouring countries
Photo by Bloomberg
IN NEED OF REVIVAL Ongoing power provision challenges coupled with declining gold prices, have led to a decline in the start-up of new projects and the downsizing of many existing mining projects in Ghana

Company to optimise gold mine’s water treatment plant

10th April 2015 Water management company Veolia has been appointed to optimise, operate and maintain the water treatment plant of gold major AngloGold Ashanti’s Iduapriem gold mine in the Tarkwa-Nsuaem municipality of the western region of Ghana, over the next two years. “This contract that will be handled by... 

Drilling further increases Ghana gold project’s potential

10th April 2015 ASX-listed gold producer Cardinal Resources last month announced that further down dip gold extensions were confirmed at its Namdini mining project, in Ghana, increasing the project’s gold bearing potential. Down dip extensions were confirmed at 13 m at 1.158 g/t from 53 m vertical depth, 10 m at... 

Drilling further  increases Ghana gold project’s potential
INCREASED POTENTIAL Cardinal Resources has confirmed further down dip gold extensions at its Namdini project, in Ghana

West Africa mining summit to focus on challenges affecting region

By: Pimani Baloyi     10th April 2015 The 2015 Western and Central Africa (WaCA) Mining Summit and Expo, which will be held at the Accra International Convention Centre, in Ghana, on May 20 and 21, will focus on ways to mitigate the challenges facing the mining industry in these two regions. The summit’s theme – A Premier Showcase of... 

West Africa mining summit to focus on challenges  affecting region
WEST AND CENTRAL AFRICA MINING EXPO The 2015 summit and expo will focus on ways to mitigate the challenges facing the mining industry in the two regions

Ghana regarded as attractive investment destination

By: Pimani Baloyi     10th April 2015 Owing to its political stability, Ghana is considered an attractive African mining destination, Bauma Conexpo Africa CEO Elaine Crewe tells Mining Weekly. She adds that most of Ghana’s gold reserves remain untapped, which makes the country one of Africa’s proverbial gold mines for investors. 

Ghana regarded as  attractive investment  destination
BAUMA CONEXPO AFRICA Exposing audiences that attend the Bauma Conexpo Africa event to the country’s opportunities can be highly beneficial to Ghana

New generators to stabilise mine power supply by mid-April

10th April 2015 West Africa-focused gold producer Perseus Mining has bought four new Caterpillar diesel-driven generators to boost the on-site power generating capacity at its Edikan gold mine, in Ghana. The generators, that were bought from power equipment supplier Mantrac Ghana for about $3.3-million,... 

New generators to  stabilise mine power  supply by mid-April
Photo by Bloomberg
GOLD PRODUCTION In the absence of an unexpected improvement in the availability of power in Ghana, Perseus Mining will be unable to meet its June 2015 production guidance

Miner donates Ebola support package

10th April 2015 Canada-based gold miner Newmont Ghana in October donated a medical support package worth GH¢220 000 (about $58 000) to assist with the country’s preparations for any potential outbreak of the Ebola virus in Ghana. The outbreak of Ebola has killed about 10 000 people in West Africa, mostly in... 

New gold mine set for 2016 production

By: Pimani Baloyi     10th April 2015 The construction of West Africa-focused aspirant midtier gold producer Asanko Gold’s first mine in Ghana is 37% complete, with Phase 1 of the construction progressing well and within its $295-million budget.  First gold production from the mine is scheduled for the first quarter of next year. 

New gold mine set for 2016 production
UNDER CONSTRUCTION The Asanko gold mine is scheduled to start production in 2016

Resources Minister on Ghana’s mining potential

By: Carina Borralho     11th April 2014 Ghana has been and will continue to be the preferred mining investment destination in Africa, said Ghana Lands and Natural Resources Minister Alhaji Inusah Fuseini at the Investing in Africa Mining Indaba, held in Cape Town from February 3 to 6. Fuseini added that Ghana has the type of... 

Ghana mining chamber supports mining expo

11th April 2014 The Ghana Chamber of Mines (GCoM) has supported the West African Mining and Power Exhibition (Wampex) for the past 20 years, and will continue to do so, says GCoM public affairs and environment director Ahmed Nantogmah. Since its inception over 20 years ago, Wampex has provided a platform for new... 

Ghana seen as gateway into West Africa

By: Carina Borralho     11th April 2014 Compared with the rest of Africa, Ghana’s economy and political environment are relatively stable, which is consequently encouraging the expansion of mining companies and suppliers into the West African country, says electric motors and drives supplier Zest WEG Group. “Zest WEG Group has been... 

Going for gold in Ghana

By: Carina Borralho     11th April 2014 “The Asanko Gold Mine Project will be Ghana’s newest gold mine, joining the ranks of well established gold producers, such as Newmont, AngloGold Ashanti and Kinross, and has the potential to become one of Ghana’s largest,” says Asanko president and CEO Peter Breese.  The project was formed... 

Underground telehandlers delivered to Ghana gold mine

11th April 2014 More than 72 design modifications turned a standard telehandler, manufactured by materials handling equipment supplier Manitou, into an underground workhorse for gold mining operations in Obuasi, Ghana, says gold mining major AngloGold Ashanti, which took delivery of seven Manitou rough terrain... 

Oil specialist strategically servicing mines in Ghana

By: Carina Borralho     11th April 2014 Owing to the growth of the mining industry in Ghana, more companies are investing in the resource-rich country, says South African condition monitoring specialist WearCheck, which recently expanded its African footprint into West Africa with the opening of an oil analysis laboratory in Ghana.... 

Resources Minister on Ghana’s Minerals and Mining Act

By: Carina Borralho     11th April 2014 Promulgated in 2006, Ghana’s Minerals and Mining Act is aimed at highlighting the country’s mining sector as attractive to investors, while at the same time ensuring that government takes a fair share in revenues that accrue from mining operations, said Ghana Lands and Natural Resources Minister... 

VBKom

By: Samantha Herbst     11th April 2014 Placing a high premium on employing dynamic and knowledgeable engineers and scientists, Gauteng-based mining consultancy VBKom provides a professional technical service to Africa’s mining industry, with specific focus on geology and mining engineering. Having established a Namibia-based branch in... 

VBKom

Construction of grinding plant under way in Ghana

11th April 2014 Construction is under way on a new grinding media plant that promises to significantly increase South African steel products manufacturer Scaw Metals’ grinding media capacity on the African continent, the company tells Mining Weekly. The media plant, which is being constructed in Tema, Ghana, is... 

Ghana shows positive investment climate, attracts $13.5bn

By: Carina Borralho     11th April 2014 Ghana’s favourable investment climate has succeeded in attracting some $13.5-billion in mining investment over the last two decades, highlighted Lands and Natural Resources Minister Alhaji Inusah Fuseini at February’s Investing in African Mining Indaba, which took place in Cape Town. “Currently,... 

Ghana shows positive investment climate, attracts $13.5bn
GOLDEN GROWTH The production of gold – Ghana’s flagship mineral – increased by 93% from 2.24-million ounces in 2002 to more than 4.3-million ounces in 2012

Ghana Mining Summit 2013 to attract investors

By: Ilan Solomons     12th April 2013 The Ghana Mining Summit will be held at the Accra International Conference Centre from June 12 to 14 and is expected to have more than 200 delegates in attendance, comprising local and international participants. The summit, which is being organized by the Ghana Chamber of Mines (CoM), comes on... 

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