Newmont Corporation, a titan in the gold mining industry, has initiated the sale of its Akyem gold mine located in Ghana, a move that has piqued the interest of several Chinese mining companies. This development comes as gold prices reach unprecedented heights, making the asset particularly attractive to potential buyers.
ASGM in Ghana has been a traditional and indigenous activity for centuries, dating back to the fifteenth century when mercury was first used in gold extraction (Dummet 1998; Tsuma 2010: 10, see also Pijpers, this volume).Although widely practised, ASGM was formally illegal in Ghana until 1989, when the Small-Scale Gold Mining Law (PNDCL …
Eight of these nine mining companies in China are included in PwC's 2020 list of the 40 largest mining companies in the world. China Shenhua Energy Co., Ltd.
A Chinese businesswoman known in Ghana as "the queen of illegal gold mining" will remain behind bars in the capital Accra until next month when she and three co-accused will face court again.
Chinese national Aisha Huang was sentenced to four years in jail for illegal gold mining in Ghana. Ghanaian court rules against Huang, highlighting her involvement in the country's illegal gold mining. Environmental concerns persist as illegal gold mining remains a means of subsistence for many.
Zimbabwe's mining profile differs from many other countries in Africa, such as South Africa, the Democratic Republic of the Congo (DRC), and Ghana, that tend to rely on a much smaller range of minerals and fewer large-scale mines (Weng et al. 2018; Kaseke et al. 2015). As indicated, Chinese mining conglomerates have been venturing …
A Chinese gold mining company operating in Ghana has disclosed that it is finalising negotiations with the government for the construction of an airport in the Upper East Region; Cardinal Namdini Mining Ltd had wanted an airstrip for its exclusive use in the Talensi District, where gold production is due in Q4 2024
An official interviewed at the Minerals Commission believes that over 95 % of prospected gold mining lands in Ghana are currently in the hands of large-scale mining companies. 13 Similarly, Hilson et al. (2014) notes that mineral exploration companies alone owned 90 % of the country's mining leases. Meanwhile, ASM, as per the mining …
The operations of the Shaanxi Mining Company in the Talensi District is a formidable testament to the successful mechanization of small-scale mining in Ghana. The Shaanxi Mining Company, like many other Chinese-backed mining entities, has successfully exploited a loophole in Ghana's Mining Act, which initially permitted foreigners to …
Chinese embassy in Ghana in 2019 issued a warning to Chinese nationals saying that it is illegal for Chinese citizens to engage in small-scale gold mining in Ghana. Chinese companies and personnel ...
Inequitable distribution of mining lands arises in Ghana because the mining regime places most mining land under the control of large-scale mining corporations to …
A Chinese mining company has revealed that it lost 12kg (26lbs) of gold – worth US$900,000 – in an armed robbery in Ghana earlier this year. Shenzhen-listed gold mining firm Beijing Xiaocheng ...
The repayment structure grants Chinese companies mining licenses and allows Sinohydro to build a refinery for bauxite production in Ghana, depositing the revenues from bauxite exports in an offshore …
emergence of the Shaanxi Mining Company ltd (Ghana), a Chinese sponsored company, which entered into an agreement in 2008 with two registered concession holders in the Talensi District of the Upper East region to engage in hard rock mining (Crawford et al. 2016, 3-4). Similar but smaller Chinese-sponsored
Chinese Mining Companies Move Forward With Two Huge Deals Worth More Than a Billion Dollars in Ghana, DRC. The Kamoa-Kakula Copper Mine in the Democratic Republic of Congo (DRC) is on …
US gold mining company Newmont has commenced the sale process for its Akyem gold mine in Ghana, a move that has piqued the interest of several potential bidders, including Chinese producers, Bloomberg reported.. The move comes at a time when gold prices have been recording a significant surge.
Newmont Corporation, a titan in the gold mining industry, has initiated the sale of its Akyem gold mine located in Ghana, a move that has piqued the interest of several Chinese mining companies.
In Ghana, the number of Chinese citizens involved in illegal gold mining activity has risen sharply in recent years. Reports suggest that since 2005, as many as 50,000 gold prospectors have left China for Ghana. 1. The problem now grips the nation, having roused the local media, NGOs and the general public.
Several Chinese miners were arrested in the far Eastern Ituri province where it is believed that an unknown number of Chinese migrants and companies are …
protesting against the activities of a Chinese mining company, Shaanxi Mining Company (Ghana) Ltd. This company is involved in provision of 'mining support services' to licensed small-scale miners2. Such controversies escalated during 2012 and the first half of 2013, especially in the area of alluvial mining in southern Ghana, with rising ...
Published by the Ghana Chamber of Mines Ghana Chamber of Mines | #18 Gulf Street, South Legon | P.O. Box 991, Accra, Ghana communications@ghanachamberofmines In the Euro Area, a string of positive economic growth outturns accelerated the Area's recovery from its worst recession in nearly two decades.
124 Chinese citizens have been arrested in Ghana for illegal gold mining. Chinese miners have moved to the natural resource rich country as China's presence in Africa grows. Locals complain
A high-level delegation from Ghana is attending the 25th China Mining Conference and Exhibition from 26th to 28th October 2023 in Tianjin, China, to attract investment in the country's mining industry. The …
Introduction. Over the past decade, Ghana's artisanal and small-scale mining 1 sector has attracted a wave of Chinese migrants (Antwi-Boateng and Akudugu, 2020; Boafo et al., 2019; Hilson et al., 2014). Between 2008 and 2016, over 50,000 Chinese gold seekers migrated to rural Ghana to engage in illegal ASM, aided at …
A Chinese manager of a mining company justified their continued presence during the 2008 economic crisis by wondering, "if we cut production… what will the Zambian people think of us?", suggesting that China aims to maintain a narrative of aiding countries neglected by the West. But contrary to Western complaints, China's job creation ...
The management of Cardinal Namdini Mining Limited, subsidiary of Shandong Gold, a Chinese mining firm, has reiterated the company's commitment to engaging in responsible ecological mining to benefit the people and the governments of Ghana and China. ... and very soon we will witness a new mining company in northern …
The Namdini site in Ghana, Shandong Gold Mining Co's first asset in Africa, is entering the full development phase. Shandong Gold Mining Co is a Chinese gold producer with a strong Ghanaian presence. Its subsidiary in the country, headed by Zang Hongxun, has started preliminary construction work on the future mine, which is located …
Data from the Ghana Immigration Service reveals that a total of 1641 Chinese nationals engaged in illegal mining were repatriated from Ghana between …
Luning and Pijpers (Reference Luning and Pijpers 2017) give a valuable analysis of the interplay between politics and geology in forms of cohabitation between international mining companies and small-scale mining operators on large-scale concessions, which reveals much about the ways in which existing power relations are challenged.'In-depth …
The Implications of Ghana's Atiwa Bauxite Mining Project and Chinese Funding. Bauxite is a valuable mineral used to produce aluminum products that range from teaspoons to fighter jets. It has been …
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