With the inception of an Economic Recovery Programme (ERP) by the government in 1983, Ghana's minerals and mining sector has seen a major resurgence over the past one and a half decades.
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Ghana's gold reserves shored up from 8 to 14 tonnes. Ghana's gold reserves shored up from 8 to 14 tonnes By Bright Philip Donkor. by Daily Statesman. May 12, 2023. ... (DGPP), the country's gold reserves have increased from eight to 14 tonnes, as at the end of the 2022, 18 months after its implementation. ... Recent News. Today's Front Page 14 ...
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Over the past 30 years, an increase in the price and production of cocoa, gold, and oil helped transform Ghana: real GDP growth quadrupled, extreme poverty dropped by half, and in 2011, Ghana moved to a Lower Middle-Income Country status
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Source: thegrio By Amma Bonsu Surface Mining in Ghana ? destroying everything for the ?Jungle gold?? The antiquated narrative of Africa as a lawless jungle has been reprised in a new reality ...
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At the heart of Ghana's gold rush is Wassa Akropong – a farming community in the Western North region of Ghana dominated by Chinese nationals who are milking the country's most precious natural resource. The Gold Rush Ghana is a major gold exporter and the precious metal remains one of the vital sources of revenue for the …
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Ghana is a major gold exporter, but also faces a huge problem of illegal mining by Chinese nationals. The galamsey activities have devastated the environment, …
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By Anis Chowdhury and Jomo Kwame Sundaram SYDNEY and KUALA LUMPUR, Aug 2 2022 (IPS) - Colonial-style currency board arrangements have enabled continuing imperialist exploitation decades after the ...
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Ghana's Mineral Incomes Investment Fund (MIIF), a sovereign minerals fund mandated to maximize the value of the country's mining dividends and royalties is poised to invest in the first ...
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News Ghana is an online news portal that provides news and information about various topics, including politics, business, entertainment, sports, and more, particularly focused on Ghana and the ...
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Mining is a key strategic industry for Ghana, and in 2022 the country was Africa's largest gold producer and the 11th largest globally, generating an estimated 3.7m oz. Indeed, …
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Dozens of bulldozers and excavators belonging to five multinational mining companies operating in Ghana [Chirano Goldmines (95% owned by Red Back Mining), Satellite Goldfields, Nevsun/AGC, Birim/AGC, Newmont Ghana (part of Newmont)] are poised to tear apart thousands of hectares of forest reserves...if the government gives …
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Gold and cocoa are still mainstays of Ghana's economy, ranked No. 1 and 3 in terms of revenue, but in recent years, Ghana has added a third commodity pillar to its economy.
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Gold mining is a global business with operations on every continent, except Antarctica, and gold is extracted from mines of widely varying types and scale. At a country level, China was the largest producer in the world in 2023 and accounted for around 10 per cent of total global production.
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Tarkwa (W/R), Sept. 3, GNA – Blue Gold Bogoso Prestea Limited, the new owners of the Bogoso and Prestea Mine, have announced the resumption of the mine's operations, following a period of care and maintenance, since December 2023. ... In a statement copied to the Ghana News Agency in Tarkwa, the company said …
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The CMG- 71 seeks to develop several units of large-scale Gold and Lithium Mines across the 7 major gold belts and Lithium deposited areas in Ghana. The Consolidated Mining Ghana CMG-71 project is part of the five major projects being executed by Hi-Limit Group in support of Ghana's economic recovery and socio …
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Recent reports have it that 98.3% of Ghana's gold is owned by foreign corporations in the U.S., Britain and Canada. The oil and gas sector is dominated by European and America oil companies having high percentage stakes with Ghana having between 10-20% as the bona-fide owners of the resources. What a pathetic situation!
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The discussion above, which is for obvious reasons a mere glossary of Ghana's long gold mining history, illuminates that the Ghanaian gold mining sector, both industrial and ASGM, has experienced a succession of moments of expansion and contraction over (roughly) the past 1000 years—although we can observe an overall …
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Economically, Ghana loses approximately $2.3 billion annually to illegal mining. These funds could otherwise be used to spur national development, improve …
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Ghana has launched its first gold refinery, the Royal Ghana Gold Refinery, in the capital Accra. The facility, capable of refining 400 kilograms of gold daily, is set to …
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Accra, Feb. 27, GNA – Ghana has projected to ramp up gold production to some 4.5 million ounces annually, says President Nana Addo Dankwa Akufo-Addo. The country's ambition is buoyed by the current three large-scale mines under construction in the Ahafo, Upper-East and Upper-West Regions, with the mining firm, Cardinal Namdini, set to pour ...
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3. Ghana's recurrent failure. This is the second time in the past three years – and 17th since independence in 1957 – that Ghana has turned to the IMF for help.
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Business News of Tuesday, 30 May 2023. Source: Dormaahene 'confronts' Bawumia over exploitation of Ghana's oil, gold resources
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Ghana mined 4.03 million oz of gold in 2023, driven largely by increased output from small-scale and artisanal miners. Ayisi said another two new mines – a gold mine by Azumah Resources in northwestern …
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Both sectors have long been known as high-risk for environmental damage and labour exploitation – but also make significant contributions to Ghana's economy. Although focused on Ghana's cocoa and gold mining sectors, recommendations outlined in Earth Shattering are applicable to other interconnected extractive and agricultural value ...
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Ghana is one of the world's top 10 gold producers, providing international refiners with gold that is eventually sold to banks, jewelers, electronics manufacturers and others. But a new investigation by Human Rights Watch (HRW) unearths how gold extracted by child hands in Ghana ends up in the global gold supply chain. HRW's long …
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One dead, four injured as Ghana gold miner moves to evict artisanal miners BENSO, Ghana — Police killed one person and injured four others while attempting to clear trespassing miners from the ...
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† Determined by national law or regulation as hazardous and, as such, relevant to Article 3(d) of ILO C. 182. ‡ Child labor understood as the worst forms of child labor per se under Article 3(a)–(c) of ILO C. 182.. NORC at the University of Chicago released a report detailing findings from a sectoral representative survey conducted in Ghana and Côte …
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General News of Tuesday, 30 April 2024. Source: Ghana ready for Chinese investment in green mineral exploitation - Lands Minister
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The longue duree of the exploitation of Africa's natural resources is a good index of Africa's position in the capitalist global economy. From the slave trade in the fifteenth century, through to colonialism in the nineteenth century, to neo-colonialism in the twentieth century, Africa's natural resources have been the main ligament through which …
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Ghana's President Nana Akufo-Addo has sacked Charles Adu Boahen, the minister of state for finance, the presidency said on Monday. In a statement, the president said he had taken the action ...
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