Minerals Commission

Gold Exports To Hit US$10Bn By End Of 2024 – Minerals Commission CEO

Gold Exports To Hit US$10Bn By End Of 2024 – Minerals Commission CEO

Gold exports jumped to a record gold in the first half of 2024. According to the Chief Executive Officer of the Minerals Commission, Martin Ayisi out of the total exports of US$9.2 billion for the first-half of 2024, gold alone accounted 54% of the total exports which amounted to US$ 5 billion. This was because of the surge in gold prices especially in the second quarter of 2024 and increase in production from both small- and large-scale operations. The gold price averaged a record $2 338 an ounce in the second quarter, 18% higher year-on-year and 13% higher quarter-on-quarter. The…
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$450m Refinery To Boost Ghana’s Manganese Revenue By 40% – Minerals Commission CEO

$450m Refinery To Boost Ghana’s Manganese Revenue By 40% – Minerals Commission CEO

Martin Ayisi, Chief Executive Officer (CEO) of the Minerals Commission, has announced that following a strategic partnership between the Government of Ghana and a Chinese manganese company, the country is set to build a $450 million refinery in Ghana. This initiative aims to add value to the country’s manganese production. Mr Ayisi revealed that this project is expected to increase Ghana’s revenue from manganese from the current 27% to nearly 40%. He emphasised the positive economic impact, noting that the refinery will also create approximately 400,000 jobs for Ghanaian youth. Mr Ayisi was speaking at the 7th Annual Mining on…
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We’ve Not Received Any Request To Place FGR Under Care And Maintenance – Minerals Commission

We’ve Not Received Any Request To Place FGR Under Care And Maintenance – Minerals Commission

The Minerals Commission has stated that it has not received any request from FGR Bogoso Prestea Ltd, the operators of the Prestea-Bogoso Mine, regarding placing it under care and maintenance. In a press statement issued on Tuesday, January 30, the commission clarified that the Prestea-Bogoso Mine is currently under the control of FGR Bogoso Prestea Ltd (FGR) and its principal shareholder, Blue International Holdings Limited, based in the United Kingdom. The Commission emphasized that neither they nor the Ministry of Lands and Natural Resources has received a formal application or request from FGR to place the mine under care and…
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Minerals Commission Discovers Ammonium Substances At Anto Aboso Quarry Enclave

Minerals Commission Discovers Ammonium Substances At Anto Aboso Quarry Enclave

The Shama District Security Council, in collaboration with the Minerals Commission, has uncovered ammonium substances within the Anto Aboso quarry enclave, raising serious safety concerns for both workers and the local communities in the district. This quarry enclave, which houses approximately six quarry sites, has prompted questions about the handling and storage of hazardous materials in the area. The Minerals Commission, responsible for regulating such substances, emphasizes that only companies with the necessary permits should store such harmful materials in designated areas known as magazines. Ebenezer Dadzie, the Shama District Chief Executive, addressed reporters at the site and disclosed that…
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Minerals Commission Reshuffles Regional Heads After Quarry Explosion

Minerals Commission Reshuffles Regional Heads After Quarry Explosion

The Minerals Commission of Ghana has reshuffled key personnel in the Western Region including the transfer of the regional Director. The move comes in the wake of a quarry explosion that rocked the Shama District of the Western Region last Sunday, September 10, 2023. The reshuffle aims to address concerns and improve oversight of mining and quarry operations in the region according to a report filed by graphiconline.com The Western Regional Director, whose jurisdiction includes the site of the recent explosion, has been reassigned to Koforidua. The Minerals Commission on the other hand has appointed Samuel Gyabaah, a mining engineer…
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Anto-Aboso Quarry Has No Permit – Minerals Commission

Anto-Aboso Quarry Has No Permit – Minerals Commission

The Minerals Commission says the Anto-Aboso quarry site is operating illegally. According to the Commission, the company has no lease or permit to operate or undertake any operation. In a press statement issued on Monday, September 11, the Commission said it will ensure all quarry sites secure the requisite approvals before undertaking any operations. “In this regard, pending the completion of a full investigation into the cause of the explosion, the enterprise had no lease, approval or permit to undertake any activity or operation at the site.” “Consequently, the activity of the enterprise was illegal. The Commission wishes to remind…
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NPP Primaries: Deputy Minerals Commission CEO Files Nominations To Contest Nkwanta North Seat.

NPP Primaries: Deputy Minerals Commission CEO Files Nominations To Contest Nkwanta North Seat.

  The two term Member of parliament for Nkwanta North, Joseph Kwaku Nayan, has formerly filed his nominations to contest the upcoming Nkwanta North Parliamentary primaries of the New Patriotic Party. Hundreds of NPP supporters, polling station executives, electoral area coordinators, former constituency executives, elders of the party among many other key stakeholders in the constituency turned out massively to support him submit the forms to the elections committee. The mammoth crowd in the charged atmosphere march through the principal streets of the capital, Kpassa to exchange pleasantries with youth groups and elders in the community amidst drumming and dancing.…
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