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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...

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...

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...

Investigate Gold for Oil programme – Parliament told

Concerns have been raised by the Ghana Extractive Industry Transparency Initiative (GHEITI), necessitating that Parliament probe the Gold for Oil policy due to its...

A gold bar now selling at $1m – Report

For the first time, the value of a gold bar has surpassed one million dollars, driven by surging prices for the precious metal. Spot gold...

Chinese mining firm in Ghana suffers $900,000 loss in major gold heist – Report

A Chinese mining company has reported the loss of 12kg (26lbs) of gold, valued at US$900,000, during an armed robbery in Ghana earlier this...

Bawumia proposes gold-backed exchange rate system to stabilize Cedi

Vice President Dr. Mahamudu Bawumia has revealed his plan to implement a new exchange rate system that would tie the Ghana cedi to gold. He...

Revealed: It took gov’t 2 years to commission Royal Ghana Gold Refinery 

In June 2022, the Deputy Minister for Lands and Natural Resources, responsible for Mines, George Mireku Duker disclosed that Ghana’s newly constructed Gold Refinery,...

Gold exports raked in $5bn for Ghana in first half of 2024 – Minerals Commission

Ghana's gold exports generated $5 billion in the first half of 2024, as reported by Chief Executive Officer of the Minerals Commission, Mr. Martin...

Gov’t to generate over $10bn from gold exports by end of 2024 – Minerals Commission

Ghana is set to surpass $10 billion in gold exports by the end of 2024, according to the Chief Executive Officer of the Minerals...

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