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Mining

Goldfields to lay off 1,500 workers

Mining firm, Goldfields Ghana is to lay off about 1,500 of its workers. The retrenchment is expected to affect most of its miners at the Tarkwa mine. Citi Business News has gathered that the layoffs will take effect this month December, 2017. Goldfields has told Citi Business News it had to undertake the layoffs due to the current lifespan of ...

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Mining firms reduce targets for gold prices

Gold mining companies have disclosed that the declining price of gold on the international market has compelled them to adjust their operational strategy and forecast. The businesses also explain that the development has made them reduce their revenue expectations for their operations. The price of gold on the international market has been declining for some time now. An ounce of ...

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Stop issuing small scale miners permits – Minister to EPA

Minister of Environment, Science, Technology and Innovation, Professor Frimpong Boateng has advised the new members of the Board of Director of the Environmental Protection Agency (EPA), to halt the issuance of permit to small scale miners. The Minister believes this is necessary until such a time that the country will be rid of all harm caused by those whose activities ...

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Be innovative in dealing with illegal mining – Dep. Env’t Minister

Deputy Minister for Environment, Science, Technology and Innovation, Patricia Appiagyei has tasked staff of the Environmental Protection Agency (EPA) to be innovative in their approach to tackling illegal mining. She argues that issues facing the environment can only be dealt with efficiently if technology and innovation are effected in their approach in dealing with the challenges. The Deputy Minister made ...

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Kenyasi residents strike over ‘no jobs’ at Newmont

Some angry youth in Kenyasi in the Brong Ahafo Region on Tuesday, August 1, 2017 blocked all roads leading to and from the community. They were demonstrating against mining company, Newmont, and demanding immediate employment. The irate youth also say they are unhappy about the company’s alleged pollution of some water bodies and the destruction of their homes. Citi News’ ...

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Govt creates mining districts to regulate small scale mining

Small scale miners whose operations were suspended following the rise in illegal mining activities may have to wait a little longer before resuming work. It follows plans by the government to intensify some oversight roles by the Minerals Commission. Speaking to Citi Business News on the possible time for the resumption of work by the small scale miners, the Minister of Environment, ...

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Stopping galamsey: Gov’t to ban mercury imports by end of year

Government has disclosed it will ban the importation of mercury to augment efforts to curb the impact of illegal mining activities in the country. The move is expected to take effect by the end of 2017. The Minister of Environment, Science, Technology and Innovation, Professor Frimpong Boateng who announced this said the ban will restrict mercury use which has led ...

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Gov’t will help legal mining companies thrive – Bawumia

Vice President of the Republic of Ghana, Dr. Mahamudu Bawumia has stated that the government will do all it can to support mining companies operating responsibly as a means of stimulating the country’s economic growth. The Vice President expressed his optimism at the positive outcome of the various fiscal policies being implemented under the new regime to relieve businesses of ...

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Offsetting mining impact with reforestation: the story of New Abirem

A flock of birds chirp endlessly. Tall trees nearby whisper breezes and chainsaw roars a stone throw away. Shrubs and climbers envelope stumps and wild grasses bloom. The sun is hot, the breeze is cold but the ground is wet with giant footprints of tractors. This is the Kweikaru Forest Reserve where giant trees have fallen to merchants of the ...

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#CitiBizFestival: Real Estate Forum comes off tomorrow

The final outdoor event of the Citi Business Festival, which is the Real Estate Forum, will come off tomorrow at the Alisa Hotel, 3:00pm. The forum is a thought leadership platform created to discuss key issues within the real estate and housing sector in Ghana. The forum will discuss pertinent issues in the sector such as the future of housing ...

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