Lamon Rutten MANAGING DIRECTOR and CEO of India Gold Metaverse Pvt. Ltd., Lamon Rutten has highlighted the potential for Ghana to tap into the vast Indian market, hence his company’s
Small-Scale Gold Sector Records 70 % Increase
Michael Edem Akafia The small-scale gold sector recorded a 70.1% increase in output, rising from 1.1 million ounces in 2023 to 1.9 million ounces in 2024. According to the
Gold Output To Exceed 5m Ounces In 2025 – Chamber Of Mines
Ahmed Dasana Nantogmah The Ghana Chamber of Mines has projected that the country’s gold production will hit over 5 million ounces, by the end of 2025. The outlook follows
Goldbod Takes Full Control Of Gold
Sammy Gyamfi The Ghana Gold Board (GoldBod) has officially taken full control of the country’s artisanal and small-scale gold trade, following the passage of the Ghana Gold Board Act,
Containers Filled With Dollars, Gold Bars Seized
National Security Intercepts Dollars, Gold Bars National Security operatives have intercepted an unspecified amount of U.S. dollars and Ghana cedi notes concealed in twelve 20-foot shipping containers. Acting on
UAE Tops Ghana’s Gold Export Destination
About 40% of Ghana’s gold were directed to the United Arab Emirates (UAE), making it the top destination for the country’s gold exports, according to the Ghana Statistical Service
Best Anchor For Cedi Is Gold – Veep
Dr Mahamudu Bawumia Vice President Dr. Mahamudu Bawumia has announced a bold plan to stabilise Ghana’s currency, the Cedi, by anchoring its value to gold. Speaking at the inauguration of
30% Gold Purchased Are Substandard – Study
Prof Alex Dodoo (2nd L) launching a book on fundamentals of lapidary with some officials A study conducted by the Kwame Nkrumah University of Science and Technology (KNUST), has
Gold Production: Ghana Tops Africa With 32% Jump
Ghana has regained its position as the largest gold producer in Africa, surpassing South Africa with a 32-percent increase in gold production in 2022. This news was delivered by
Gold For Oil: Fuel Prices To Drop This week – COPEC
The Executive Director for the Chamber of Petroleum Consumers, Ghana (COPEC), Duncan Amoah is predicting a decline in the price of petroleum products if the oil secured by government
Gold For Oil Policy Ready To Take Off- Bawumia
Vice President Dr. Mahamudu Bawumia has announced that the Government of Ghana has concluded the arrangements for the operationalization of the Gold for Oil policy. According to him, the
BoG Buys 26,000 Ounces Of Gold From Newmont
Newmont becomes the first gold mining company in Ghana under the Domestic Gold Purchasing Programme to sell gold to the Bank of Ghana following the procurement of 26,000 ounces
The Threat Of Galamsey To Ghana’s Gold Value Addition Efforts
ON WEDNESDAY, 5th October, 2022, I had the opportunity to participate in two meetings in Kumasi on the phenomenon of illegal artisanal (small-scale) mining, popularly known as galamsey. These