Zijin Mining Group, through its subsidiary Gold Source International, has secured a $1 billion deal to acquire a significant gold mining asset in Ghana. The agreement involves an upfront payment of $900 million, with an additional $100 million contingent on specific conditions being met. The transaction is expected to close in the final quarter of 2024. Zijin will assume control of a Newmont subsidiary that manages the Akyem open-pit mine, a site that held 34.6 tons of gold reserves as of December 2023. The Chinese mining giant has ambitious plans for the mine, including transitioning to underground operations by…
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By Alex Ababio The Ministry of Chieftaincy and Religious Affairs has embarked on a major initiative to establish approximately 80 traditional councils in the Volta Region by the end of November. This effort is significant as the Volta Region is home to the highest number of paramount chiefs in Ghana, surpassing all other regions in the country. “No other region in Ghana has even half the number of paramount chiefs that Volta boasts,” noted Mr. Harry Attipoe, the Volta Regional Registrar at the Volta Regional House of Chiefs. The ministry has already commenced the process of inaugurating the councils. “We…
By Alex Ababio The nation’s economic growth in the first half of 2024 has surpassed pre-pandemic levels, according to the Minister of Finance, Dr. Mohammed Amin Adam. Speaking at the Second Quarterly Economic Roundtable (QER) in Accra, Dr. Amin Adam revealed that the economy grew by 5.8% in the first half of 2024, 0.4 percentage points higher than the growth rate during the same period five years ago, before the onset of the COVID-19 pandemic. “The fact is, the half-year growth of 5.8% is the highest in the last five years,” the Finance Minister noted. “It’s encouraging to see…
By Alex Ababio The Ghana Medical Association (GMA) has expressed its solidarity with Organised Labour in the ongoing fight against illegal small-scale mining, commonly known as galamsey, but has made it clear that it will not participate in the planned nationwide strike scheduled for October 10. In a press release dated October 8, the GMA stated that no roadmap for industrial action has been outlined. “The Ghana Medical Association has not declared any plan for industrial action,” said GMA President Dr. Frank Serebour in the statement. “All members are expected to provide uninterrupted medical services.” Despite their decision to abstain…
By: David Amoateng & Alex Ababio A special appeal has been made to the national leadership of the New Patriotic Party (NPP) to swiftly provide logistics and other essential campaign materials to support the efforts of the party’s Identifiable Group in the Ashanti Region. The group is mobilizing to campaign vigorously across the country ahead of the December 7 general elections. Dr. Musah Ababio, popularly known as Mallam Isaah, who coordinates the Identifiable Group, emphasized the urgency of this support. “If the NPP is serious about its goal to ‘break the eight’ in the upcoming elections, there is an…
By Daniel Oppong A man has been sentenced to 15 years in prison by an Accra Circuit Court for robbing a mobile money vendor of GH¢20,725 in Mamprobi, Accra. Alfred Boateng, a 37-year-old vulcanizer, pleaded guilty to charges of unlawful entry and robbery. The court, under the presiding judge Mr. Bright Samuel Acquah, convicted Boateng based on his confession. During the proceedings, Chief Inspector Ramatha Asuma, representing the prosecution, revealed that the complainant, Hanna Owusu, operates a mobile money business, while Boateng works as a vulcanizer. Both Owusu and Boateng reside in Chorkor, Accra. Chief Inspector Asuma stated that Owusu…
PRESS RELEASE 3 October 2024 (Geneva, Switzerland) – IAS – the International AIDS Society – applauds moves by Gilead Sciences to make generic injectable lenacapavir for HIV prevention widely available, but cautions that the current agreements still leave out millions around the world. Gilead announced on 2 October 2024 that it had signed royalty-free, non-exclusive licensing agreements with six generic manufacturers to increase access to lenacapavir for HIV prevention in 120 high-incidence, resource-limited countries. “The licensing agreements enabling generic versions of the HIV prevention drug, lenacapavir, in certain countries is an important step forward, but large parts of the world…
By Alex Ababio The protest march will commence at Legon Okponglo and proceed to the Black Star Square in Accra. The demonstration seeks to advocate for the release of 53 anti-galamsey protesters who were arrested and detained by the police a week ago. Organized under the banners of “FreeTheCitizens” and “SayNoToGalamsey,” the event also aims to raise awareness about the dangers of illegal mining, or galamsey, a persistent environmental and social challenge in Ghana. Earlier this week, the police approved the planned route for the march, which includes: Legon Stadium – Okponglo Traffic Light – Shiashie/Standard Board Traffic Light -…
Doomsday fish caught off Tiwi Islands. A rare sea animal has been caught off the Australian coast, a creature also known as the “doomsday fish” in some parts of the world. This fish is formally known as oarfish and is extremely hard to spot. Curtis Peterson from Tiwi Islands Adventures caught the oarfish and shared the photo on Fishing Australia TV on Facebook. The islands are about 80 km from Darwin in the Northern Territory. Oarfish live in tropical areas at depths of 20 metres to 200 metres, according to the Australian Museum. Oarfish can grow up to a massive nine…
Doomsday fish caught off Tiwi Islands. A rare sea animal has been caught off the Australian coast, a creature also known as the “doomsday fish” in some parts of the world. This fish is formally known as oarfish and is extremely hard to spot. Curtis Peterson from Tiwi Islands Adventures caught the oarfish and shared the photo on Fishing Australia TV on Facebook. The islands are about 80 km from Darwin in the Northern Territory. Oarfish live in tropical areas at depths of 20 metres to 200 metres, according to the Australian Museum. Oarfish can grow up to a massive nine…