Tag: Gold
Business
Gold prices to rise in 2025 due to US interest rate cuts, others – Databank Research
Gold prices are projected to experience a significant surge in 2025, according to the latest projections from Databank Research in its Ghana Market Outlook...
Headline
OMCs blame gold-for-oil policy for looming fuel shortage
The Chamber of Oil Marketing Companies (OMCs) has sounded the alarm over a possible fuel shortage in the coming days, attributing the looming crisis...
News
Police manhunt robbers who fled with over 30 pounds of gold at Amansie South
Police have initiated a search operation for two suspected armed robbers who fled with over 30 pounds of gold, cash exceeding GH¢11,000, and vehicle...
Business
Cardinal Namdini Mining Ltd commissioned to boost gold production
President Nana Akufo-Addo on Friday officially inaugurated the Cardinal Namdini Mining Ltd, a mine in Talensi, Upper East Region, celebrating its first gold pour...
Business
Responsible gold sourcing programme launched to boost economic growth
The Bank of Ghana (BoG) has identified gold as a crucial strategic reserve asset that significantly influences economic growth.However, the Central Bank emphasizes the...
Business
Ghana reports GHS5.4b trade surplus in Q2 2024, through gold exports
In the second quarter (Q2) of 2024, Ghana's overall trade value reached GH₵123.0 billion, with exports totaling GH₵64.2 billion and imports amounting to GH₵58.8...
Business
Cedi poised for recovery as high interest rates, gold exports provide support
Ghana's cedi appears poised for a recovery after reaching a new low against the dollar, driven by elevated interest rates, an improved government financial...
Business
Gold production generates meager 13.4% in direct taxes in over 10 years – Finance Ministry
The Medium-Term Revenue Strategy 2024-2027 report by the Ministry of Finance has revealed a significant shortfall in Ghana's tax collection from its gold mining...
News
Illegal miners openly extracting gold on Ayamfuri-Wassa Akropong road – Report
Illegal mining activities, commonly known as galamsey, have engulfed the main Ayamfuri-Wassa Akropong road in the Western Region, with miners blatantly defying Ghana’s mining...
Business
Trade surplus recorded as gold, crude oil push Ghana’s exports to $9.23bn in first half of 2024 – BoG report
Ghana recorded a provisional trade surplus of $1.81 billion for the first half of 2024, driven largely by growth in gold and crude oil...
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