Bloomberg | Ghana’s annual trade surplus reached US$5 billion in 2024 for the first time ever as the value of the country’s gold exports soared. The...
By Fidel Amakye Owusu The history of the Democratic Republic of Congo (DRC) is that of a resource-rich territory that is faced with one conflict or...
By Godfred Zina The military junta in Burkina Faso has faced criticism regarding issues of democracy, freedom of speech, violence, and authoritarian governance. However, it is...
By Mary Alorh The confederation of Sahel States faces significant challenges in development, as evidenced by troubling statistics. In 2021, Burkina Faso had a poverty rate...
Kenya has unveiled plans to restrict the export of valuable minerals in their raw form, marking a significant policy shift aimed at increasing government revenue. This...
Tanzania’s mining authority has mandated that all mining companies and gold traders exporting the precious metal must set aside at least 20 percent of their gold...
Bloomberg | Ghana has launched a new gold coin to help it manage money-market liquidity, while boosting domestic savings. The coin, made from gold mined in...
VOA | Central banks in Africa are turning to gold to protect themselves from economic and geopolitical instability and to diversify their financial portfolios. In September...
Reuters | Ghana opened its first commercial gold refinery in Accra, the capital, on Thursday as part of an effort by Africa’s leading gold producer to...
Bloomberg | African nations are rushing to build their gold reserves to hedge against geopolitical tensions that have battered their currencies and fanned inflation. Nations from...
Bloomberg | Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the latest African nation to turn to...
Bloomberg | Nigerian lawmakers are proposing a dramatic increase in the central bank’s power to use gold to shore up the nation’s reserves in defense of...
By Gregory Simpkins For more than a year now, the BRICS (Brazil, Russia, India, China, South Africa) coalition has been pressing hard for replacement of the...
By Gregory Simpkins There has been significant discussion over the past year about replacing the U.S. dollar as the world’s reserve currency. The dollar has held...
ANGOP | The first gold refinery in Angola, which is being built in the Viana Industrial Park in the country’s capital Luanda, will be completed later...
AFP | Burkina Faso’s junta-led government on Thursday launched the construction of the country’s first refinery for gold, Burkina’s main mineral resource, an AFP journalist said....
By Gregory Simpkins Over the centuries, the natural blessings of Africa seem to have been more apparent to outsiders than even the rulers of African countries....
Reuters | Ghana has ordered all large-scale mining companies to sell 20 percent of their entire stock of refined gold at their refineries to the Bank...
Reuters | Ghana’s government is working on a new policy regime where gold will be used to buy oil products rather than U.S. dollar reserves, Vice-President...
Reuters | Uganda has revealed that recent exploration surveys have shown it has gold ore deposits of about 31 million tons and it wants to attract...
State-run iron ore miner NMDC has devised a short-term strategy, which includes a small-scale mining and setting up of a minor processing plant, for its gold project in Tanzania. “A...
For centuries, colonial-era merchants tussled for access to Africa’s raw materials, and huge swathes of Africa’s geography became synonymous with the main commodity they exported: Gold...
Five illegal miners have been found dead in an abandoned shaft near Johannesburg, emergency services said on Wednesday, highlighting the dangers of scavenging for bullion beneath...
(Reuters) – The newly elected government in Mali will carry out a complete inventory of existing mining contracts and stands ready to renegotiate any which are...
(Reuters) – South Africa’s main mining union has offered to compromise on some of its demands for higher pay after initiating industrial action and work stoppage...
Tens of thousands of gold miners in South Africa are set to industrial action Tuesday after wage talks broke down, threatening to cost millions of dollars...
The South African government will not intervene in deadlocked wage talks between gold producers and unions even as some producers prepare for work stoppages of up...
Shelly-Ann Fraser-Pryce. PHOTO/File (Reuters) – Shelly-Ann Fraser-Pryce produced a masterful display of sprinting to complete a Jamaican 100 meters double at the world championships with victory...
(PR Newswire) – Johannesburg – Gold Fields Limited is pleased to announced the appointment of Alfred Baku (pictured), as Head of its West Africa Region, the...
Chinese citizens arrested earlier this week for illegal gold mining in Ghana are to be deported, a spokesman for the country’s immigration service said last night....
A drill worker listens for the bit, hundreds of feet underground, during exploratory drilling for minerals and metals Haiti. PHOTO/Dieu Nalio Chery/AP (AP) – Haiti is...
The National Union of Mineworkers, an ally of South Africa’s ruling African National Congress, said it will ask for a double-digit increase in pay when negotiating...
Authorities say 17 people are dead after an accident at a gold mine in central Ghana. Local official Peter Kofi Owusu-Ashia told The Associated Press on...
Striking South African gold miners have signed a pay deal to end months of labor unrest, the country’s main mining union and mine owners said on...
Striking miners at one of Gold Fields’ South Africa operations returned to work on Thursday, but there seems to be no end in sight to the...
Guyana is reporting an overall increase in gold production, declaration and sales, with production recording 314,000 ounces, an increase of about 23 percent over the corresponding...
South Africa’s gold mine owners and unions representing picketing workers said Wednesday they had reached a deal aimed at ending months of industrial unrest that has...
Workers processing gold at the new Sudan Gold Refinery. PHOTO/Reuters (Reuters) – Sudan opened its first gold refinery on Wednesday as it seeks to improve the...
(Reuters) – South African bullion miner Gold Fields said on Tuesday that trade union leadership intervention in a wildcat strike made a return to production more...
(Reuters) – South Africa’s gold mining companies have been hit by union demands for wage hikes but the industry has little room to budge as current...
South African and American lawyers are asking a court to allow thousands of miners with lung diseases to sue leading South African gold mining companies they...
Haiti might be “poorest country in the Americas,” but the tiny nation is also sitting on a gold mine. The new Prime Minister Laurent Lamothe says...
Haiti is reportedly on the cusp of a gold rush, with exploration proceeding apace for an estimated US$20 billion worth of precious minerals buried beneath the...
Its capital is blighted with earthquake rubble. Its countryside is shorn of trees, chopped down for fuel. And yet, Haiti’s land may hold the key to...
JOHANNESBURG — Union officials say South African gold miners will return to work this evening after ending a five-day strike. Spokesman Lesiba Seshoka says the mining...
With gold prices at an all-time high and expected to rise further, isn’t it time you start profiting off the precious commodity? One way to do...
