R/€ = 16.73 Change: -0.03
R/$ = 13.80 Change: -0.02
Au 1857.17 $/oz Change: -1.39
Pt 1154.01 $/oz Change: 7.51


Ghana's mining sector shrank and gold production fell in 2020, industry body says

By: Reuters     4th June 2021 Ghana's gold production fell 12% in 2020 to 4.02 million ounces, from 4.57 million ounces in 2019, the country's Chamber of Mines said on Friday, but retained its position as Africa's top gold producer despite the impact of the coronavirus pandemic. The decline in production was the country's... 

AngoGold halts mining at Obuasi until incident investigation concludes

By: Marleny Arnoldi     26th May 2021 JSE-listed AngloGold Ashanti has advised that underground mining activity remains suspended at the Obuasi gold mine, in Ghana, following a fall-of-ground incident on May 18. The company on May 26 confirmed that mine rescue teams continue to search for a missing miner who was drawn down into... 

Gold Fields going greener and cleaner across broad front 

By: Martin Creamer     7th May 2021 Gold mining company Gold Fields, which this week announced the board’s green light for a 40 MW solar photovoltaic plant at the South Deep mine, near Carletonville, intends taking short- medium- and long-term steps to lower emissions in underground mining in general and at South Deep in... 

On-The-Air (07/05/2021) 

By: Martin Creamer     7th May 2021 Gold Fields is spending R660-million on solar power at the big South Deep gold mine in Gauteng; Strict new global rules now apply to mine dumps in a bid to ensure that they don’t kill any more people; and South African and Ghanaian business locked armed this week in a welcome automotive deal. 

Gold Fields ramping up climate change mitigation measures 

By: Donna Slater     30th April 2021 Gold miner Gold Fields derived 5% of its group electricity from renewable sources in 2020. It plans to further ramp this up in the coming years, its 2020 Climate Change Report shows. At its Agnew operation, in Australia, the miner derived 57% of its electricity from renewable sources, mostly... 

IronRidge finds multiple positive drill intersections at Ghana lithium project

By: Simone Liedtke     20th April 2021 Africa-focused minerals explorer IronRidge Resources has found additional high-grade lithium pegmatite drill intersections, including multiple drill intersections over 2% lithium oxide, at new targets adjacent to the Ewoyaa lithium project (ELP), in Ghana. The company has a defined Joint Ore... 

China's Chifeng Jilong walks away from deal to buy Ghana gold mine

By: Reuters     19th April 2021 China's Chifeng Jilong Gold Mining on Monday cancelled an agreement to buy the Bibiani gold mine in Ghana, saying it had not received timely information from the seller about the termination of the mining lease. Australia-based Resolute Mining agreed to sell Bibiani to Chifeng Jilong for around... 

Industry changes support trend towards sustainable mining

By: Mc'Kyla Nortje     2nd April 2021 There have been several changes globally as well as in West Africa’s mining industry, with the industry steadily embracing a more sustainable approach to mining, highlights SRK associate partner principal resource geologist and country manager Ivan Doku.  Previously, mining in the region was... 

Investment hindered by illegal mining, other challenges

By: Mc'Kyla Nortje     2nd April 2021 While Ghana has benefited from significant long-term investment, it has also faced significant challenges over the years, the most notable being the significant and justifiable concerns regarding illegal mining operations, as well as regional security and stability, says law firm Beech Veltman... 

Ghana promotes local content after discovery

By: Mc'Kyla Nortje     2nd April 2021 Ghana’s Parliament passed into law the Minerals and Mining Local Content and Local Participation Regulations in December 2020, which is timely following the drive to industrialise the country’s economy and, in particular, explore its bauxite reserves. The regulations set out the levels of local... 

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