A shallow, 6.6-magnitude earthquake hit inland on the central Indonesian island of Sulawesi on Monday, US seismologists said, causing people to panic and run out of their homes. There were no immediate reports from officials of casualties or damage after the quake, which USGS said hit at a depth of nine kilometres (six miles) at … Read more
Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/OTC:ASGOF) has updated its shareholders with respect to the current status of the West Africa-focused miner’s various projects and option agreements. In a statement issued by Asante Gold President and CEO Douglas R. MacQuarrie on behalf of the Board, the miner also announced the granting of 800,000 incentive share purchase options … Read more
“And now this is what will allow you to see everything because we know there is oil, but we need to know where exactly to drill. In this business, the most important thing is seismic.” Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. … Read more
The president of Italy’s Marche region has talked of a “catastrophe” and appealed for aid as four quakes above magnitude 5 struck in one day. Luca Ceriscioli said quakes and snow had caused landslides and thousands of families were suffering power cuts, with some villages left isolated. A man was killed and another reported missing … Read more
Government should be spending between GHc 25,000 and GHc 30,000 on its mechansied borehole construction, and not the estimated GHc 60,000 per borehole, a water and sanitation expert, Patrick Apoya, has said. According to him, the intervention government is undertaking, most likely falls under the category of a limited borehole mechanisation per information available on … Read more
Local firms in the oil and gas sector operating independently or in joint ventureships received contracts worth a total of US$960 million in the first quarter of 2016, the Petroleum Commission has disclosed. This represents an increase of 55% over last year’s figure of US$620 million during the same period. ENI Ghana has also awarded … Read more