MIIF Archives - Wontumi Online

15 Sep

MIIF Partners UMAT To Make Institution Centre Of Global Excellence

wontumionlineBusinessMIIF, UMAT

The Minerals Income Investment Fund (MllF) as part of its mandate to support the development of the entire mining value delivery system in Ghana has signed a groundbreaking partnership agreement with the University of Mines and Technology (UMaT). The agreement which was executed at the offices of MllF on 16th August 2023 covers four principal areas. These are the construction of a world class Technical Training Centre which would also accommodate a modern Gold Jewelry Making and Training Center, an undergraduate and postgraduate scholarship program for women from the mining communities and an annual speaker series program. MllF’S CONCEPTION OF…

MIIF, GSE, Mincom On Course To Deepen Local Ownership Of Minerals

wontumionlineBusinessEdward Nana Yaw Koranteng, GSE, MIIF, Mincom

The Minerals Income and Investment Fund (MIIF) has reaffirmed its commitment to increasing local participation and ownership in the minerals sector, in collaboration with the Ghana Stock Exchange (GSE) and the Minerals Commission (Mincom). MIIF’s quarterly outlook in March 2023 highlights that mining companies will be required to list a percentage of their shares on the local bourse as a pre-requisite to obtaining a mining license and consideration for MIIF investment. The new regulation requires holders of a mineral right to list at least 20 percent of their equity on the Ghana Stock Exchange (GSE) within five years of the…

Minerals Income Investment Fund Grows Beyond ¢3bn

wontumionlineBusinessAsante Gold Corporation, MIIF

....Outperforms global markets in 2022 The Minerals Income Investment Fund (MIIF) has in its performance update for 2022 said, it now has ¢3.2 billion in Assets Under Management (AUM) and is targeting ¢5 billion by the end of 2023. The fund grew assets by a whopping 87.4% from 2021 figures which stood at ¢1.7 billion. People with knowledge of the fund’s intimate workings say with Lithium and Salt investments penned for 2023, the US$500 million mark or at least ¢5 billion is very much within view. MIIF’s performance update has been achieved on the back of innovative strategies which led…