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Asanko Gold wins Mining Company of the Year


Asanko Gold Ghana has been named as the Mining Company of the Year 2017. It was awarded at the annual Ghana Mining Industry Awards Ceremony last Friday [November 30, 2018]. Asanko Gold Ghana also picked award for the “Best Performer in Innovation” Awards. Congratulating the team, Peter Breese, President & CEO of Asanko Gold Inc, said, “We are thrilled that ...

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Asanko Gold adjudged Mining Company of the Year 2017

Officials of the Chamber and the Ministry of Lands Cutting the Anniversary Cake

Mining company, Asanko Gold Ghana Ltd has been adjudged Mining Company of the Year for at the 4th Ghana Mining Industry Awards. The company was named as the winner due to its fiscal performance, Corporate Social Investment, technological innovation, local content, environmental management and health and safety records in 2017. Asanko Gold also won the award for Best Performer in ...

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Chamber of Mines hopeful of gold price increase next year


The Ghana Chamber of Mines is expecting production to peak in the mining industry next year following plans by some major companies to commence massive productions. The chamber is expecting Newmont Gold Mine and Anglogold Ashanti to start different developments on their concessions. Speaking to Citi Business News on the issue, the Chief Executive Officer of the Ghana Chamber of ...

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Chamber of Mines calls for coordinated local content law [Audio Report]


Stakeholders in the mining industry are calling for a deepening of the value creation in the industry through local production of inputs. The issue of local content has in recent times come up to give Ghanaians an opportunity to share in the exploration and production of the country’s natural resources. As part of the 90th anniversary of the Ghana Chamber ...

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Group bemoans low women participation in mining sector

WhatsApp Image 2018-10-17 at 5.22.18 PM

As part of measures to rope in more women into the mining sector, government has outlined certain strategies to help achieve this feat. The women in the mining sector have complained of how often they are sidelined in terms of their participation in the mining industry. But at a workshop organized by women in mining Ghana, government says it has ...

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Industrializing Ghana: Nana Addo defends 1d,1f; bauxite deal

FT summit

President Akufo Addo has mounted a strong defense of his government’s industrialization agenda in a bid to grow Ghana’s economy. The President says the flagship one district, one factory program should create employment and improve livelihoods. President Akufo Addo made the remarks at the Financial Times Africa Summit where he also justified the recent economic relationship with China to develop ...

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PMMC reserves 30% of refined gold to local jewelers


The Precious Minerals Marketing Company (PMMC) is reviewing its strategy to make available, gold and diamond needed by jewelers in the country. This also forms part of efforts to sustain the jewelry industry. The move follows complaints by players in the industry over their difficulty in accessing raw materials needed for their operations. In an interview with Citi Business News, ...

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PMMC workers call off strike


Workers at the headquarters of the Precious Minerals Marketing Company (PMMC) have called off their sit down strike. The aggrieved workers numbering about fifty, had called for the removal of the Managing Director of the company, Kwadjo Opare Hammond and his entire board for a number of infractions. But after a 5 hour meeting between the workers, management and the ...

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Angry PMMC staff ask Nana Addo to sack MD


Some aggrieved workers of the Precious Minerals Marketing Company (PMMC), are calling on President Nana Akufo-Addo to immediately sack the Managing Director of the firm and dissolve the board. According to the workers, the MD, Kwadwo Opare Hammond, has among other things been circumventing the procurement processes of the company. The workers numbering over 50 did not hide their determination ...

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IMF clearance speeds up processes for China’s $2bn – Akoto Osei

Dr. Anthony Akoto Osei

The Minister for Monitoring and Evaluation, Dr. Anthony Akoto Osei, has stated that government will speed up negotiations on the two billion dollar SinoHydro bauxite deal, following the International Monetary Fund’s (IMF) rejection of the Minority’s request to classify the deal as a loan. Speaking to Citi News, Dr. Akoto Osei maintained that the clarification entrenches government’s position that the ...

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