ALL POSTS FILED UNDER: GOLD
Ghana targets $10bn gold export in 2024
Add a CommentThe Chief Executive Officer of the Minerals Commission, Martin Ayisi, has confirmed that out of the total exports of $9.2 billion for the first half of 2024, gold alone accounted for 54%, which amounted to $5 billion. This, he said, … Read more →
Central banks likely to buy more gold in 2024
Add a CommentGold had a strong 2023, defying expectations amid a high interest rate environment and outperforming commodities, bonds and most stock markets, the World Gold Council (WGC) says as it outlines possible scenarios for the gold market in 2024. In its … Read more →
W/R: Police arrest 3 robbers for attacking gold-buying shop at Tarkwa
Add a CommentThe Police have arrested three suspects in connection with a robbery attack on a gold-buying shop at Akoon-Tarkwa in the Western Region. The suspects, Ezekiel Stephen Oghenekaro, Samuel Amoashie and Fatawu Awudu together with three other suspects armed with weapons … Read more →
BoG buys 26,000 ounces of gold from Newmont
Add a CommentNewmont 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 of gold between May and November this year by the central … Read more →
‘Gold for crude oil’ move still being discussed, PMMC to play vital role in implementation – BoG Governor
Add a CommentThe Precious Minerals Marketing Company (PMMC) will play a key role in the move to buy crude oil with gold, Governor of the Bank of Ghana (BoG) Dr Ernest Addison, has said. The PMMC, he said, will be buying a … Read more →
Armed robbers steal gold worth $350,000 from mining company
Add a CommentArmed robbers made away with gold with a value of approximately US$350,000 when they raided the Homase site of gold ore mining company, GoldStone Resources Limited near Akrokeri in the Ashanti region on June 10, 2022. GoldStone Resources in a … Read more →
Gold dealer shot dead, robbers make away with 324 grams of gold
Add a CommentA gang of suspected robbers on Monday murdered a gold dealer at Jacobu in the Ashanti Region. According to the Police, the deceased was transporting gold from Attabrakoso towards Huu. In a Facebook post, the Police said the four armed … Read more →
PMMC to value gold before export from January 2018
Add a CommentFrom January next year, gold produced by large-scale miners will have to be graded, valued and tested to determine its ingredients and quality before being allowed to be exported, the Managing Director of the Precious Minerals Marketing Company (PMMC), Dr … Read more →
Gold and cocoa to grow this year
Add a CommentGHANA’S two most important export commodities, gold and cocoa are expected to grow by 1.5 and 15.2 percent respectively this year. They are also expected to grow by 26.6 percent and 1.0 per cent respectively in 2018. According to a … Read more →
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(Nana Kwesi)