Mining Archives - Wontumi Online

07 Oct

NAPO Pledges To Promote Responsible Mining

wontumionlineBusinessMining, Napo

Dr. Mathew Opoku Prempeh, the New Patriotic Party’s (NPP) running mate, has assured voters that an NPP government will support small-scale miners by empowering them to engage in responsible mining practices. He emphasized that under the next NPP administration, there would be no ban on small-scale mining, but rather initiatives to help miners expand their operations responsibly. Addressing a large gathering of party supporters and community members in the Manso Adubia Constituency of the Ashanti Region, the former Energy Minister, popularly known as Napo highlighted the distinction between responsible mining and illegal activities that damage the environment. He noted that…

19 Jun

Following First Oil Production, Senegal’s Minister Of Energy, Petroleum And Mining Joins African Energy Week (AEW) 2024

wontumionlineBusinessAfrican Energy Week, Mining, senegal

Senegal’s Minister of Energy, Petroleum and Mining Birame Soulèye Diop will participate at the African Energy Week (AEW): Invest in African Energy 2024 conference – Africa’s premier event for the energy sector taking place from 4–8 November in Cape Town. Minister Diop is expected to unpack the critical role oil and gas plays across the MSGBC region, providing insight into project developments and future investment opportunities. Minister Diop’s participation comes as the country celebrates a new milestone in its oil and gas industry, with global energy company Woodside Energy commencing oil production from the Sangomar Field Development – Senegal’s inaugural…

09 Dec

Prioritize Mining Related Courses At The Tertiary To Reduce Unemployment- C.E.O. Ghana Gold Expo Foundation Tells Ghanaian Students

wontumionlineFeatured, News, TrendingLithium, Mining, tertiary students

The Executive Director of Ghana Gold Expo Foundation, Dr. Steven Blessing Ackah has proffered a practical solution to curbing Ghana's youth unemployment canker. According to the G200 Youth Ambassador for Africa, the employment rate in Ghana could drastically be reduced through startup exploration programmes for Ghanaian youth professionals. He therefore called on Ghanaian youth to get themselves acquainted mining and can do so by involving in mining relating courses at the tertiary level. "We cannot give out our critical Minerals resources out. This is why we need more youth in Ghana to get themselves involve with mining related courses with…

05 Dec

Practicing Responsible Mining Is Non-Negotiable For AkosDwomo Company Ltd- Chairman Wontumi Assures (VIDEO)

wontumionlineFeatured, News, TrendingAkosDwomo, Lithium exploration, Mining

The Chief Executive Officer (CEO) of AkosDwomo mining company, Bernard Antwi-Boasiako has assured that his firm will undertake their mining operations in a manner that reduces the risk of harm to the natural environment to the barest minimum. He noted that they will deploy responsible mining measures in their activities at all times. He had joined a host of geologists (both international and local), officials from the Minerals Investment Income Fund (MIIF), led by the Chief Technical Officer, head of operations, Kwabena Biney on a visit to the site where AkosDwomo is prospecting for the lithium exploration in Essiam locality…

14 Jun

Rising Insecurity Could Threaten Mining Output

wontumionlineBusinessMining

The Ghana Chamber of Mines has bemoaned the worsening security situation around some mining installations in the country, noting that disruptions could affect the industry’s contribution to economic growth. In 2022, gold output reached 3.7 million ounces – enabling the country to replace South Africa as number-one producer of the precious yellow metal in Africa. Last year’s production was 32 percent more than the previous year. Production from the Chamber’s producing members is projected to reach 3.2 million ounces at the end of 2023, driven by a broad-based increase in output. Consequently, the country’s overall output is expected to range…

03 Apr

Read How The Growth And Sustainability Levy Affects Mining, Upstream Oil And Gas Sectors

wontumionlineBusinessgrowth and sustainability levy, Mining

The recently passed Growth and Sustainability Levy Bill is seeking to raise revenue for the growth and fiscal sustainability of the economy. The memorandum that accompanied the Bill, indicated that the Coronavirus Disease (COVID-19) pandemic led to a significant reduction in revenues and increased expenditure enormously. This has been compounded by the Russian-Ukraine war resulting in unprecedented global crises, depreciation in currencies and impacted living conditions and inflation levels. Parliament on Friday, March 31st passed three revenue Bills including Growth and Sustainability Levy Bill as part of measures to raised GHS4billion cedis to support the economy. The application of this…

11 Oct

Assist The People To Do Proper Mining, Regulate And Supervise Them – Govt Told

wontumionlineBusinessMining

Natural Resources Management Consultant Mr. Gideon Ofosu-Peasah has cast doubt over the claim by the National Alternative Employment and Livelihood Programme (NAELP) that about 80,000 people whose lives depended on illegal mining have been given an alternative livelihood. Speaking on 3FM Sunrise Morning Show on Monday 10 October, 2022, he told Alfred Ocansey that it is reported that about a hundred thousand people are involved in illegal mining in Ghana, therefore if indeed about eighty thousand of them have been weaned off through NAELP then the devastating effect of galamsey should not be as high as we are currently witnessing.…

06 Oct

Community Mining Scheme Has Created 82,800 Jobs- Dep. Information Minister

wontumionlineFeatured, News, TrendingHon. Fatima Abubakar, Jobs, Mining

The Deputy Minister for Information, Fatima Abubakar, has disclosed that since the launching of the community mining scheme by the Akufo-Addo led administration, about 82,800 jobs have been created so far. In order for these miners to get the necessary training in order not to do it haphazardly, many were enrolled onto the University of Mines and Technology. Speaking to Kwaku Dawuro on Movement in the morning show, honourable Abubakar said that “many would be questioning what kind of community mining has created such a huge number of jobs. Therefore, I will be mentioning a few where some could be…

04 Oct

I Am Highly Responsible, I Won’t Do Things To Hurt The Environment And NPP- Chairman Wontumi

wontumionlineFeatured, News, Trendingakonta mining, Chairman Wontumi, Mining

The Ashanti Regional Chairman for the New Patriotic Party (NPP), Chairman Wontumi, has insisted that his mining operations are done in a responsible way and not in an illegal way. Chairman Wontumi insisted that he takes responsibilities and would not engage in activities that would let his company and political party down. “I won’t do things to hurt my company; I won’t do things to hurt this party (NPP). In 2017, I could have easily moved to the site to work but I waited till I got the license before beginning my operations”, Chairman Wontumi said. In debunking accusations of…

01 Oct

You Cannot Destroy ‘Wontumi’: Ask Mahama –Chairman Wontumi Tells Samatex Boss

wontumionlineFeatured, News, TrendingChairman Wontumi, Joy FM, Mining, nsenkyire

The Ashanti Regional Chairman of the New Patriotic Party(NPP) Mr. Bernard Antwi Boasiako known as Chairman Wontumi has bold told Richard Nsenkyire that trying a million times to destroy him will not work. Speaking after a Nsenkyire through Joy Fm published false news on his mining company, Akonta Mining. The Ashanti governor speakinhg to Movement In The Morning Show with Kwaku Dawuro said that ‘’I have a genuine license for my mining activities but Nsenkyire has paid money to Joy Fm to destroy my reputation. Even if he tries a million times, he cannot destroy me. This is the fourth…