Gold was discovered, (circa) ca. BC/BCE 6,000 in Egypt (Cramb, Alan W, A Short History of Metals, Department of Materials Science and Engineering, Carnegie Mellon University). It was the first and by far the earliest metal discovered and utilised by humans as a result of its excellent reflectivity (throws back almost 100% of light incident … Read more
President of policy think tank IMANI Ghana, Franklin Cudjoe has urged government to also address illegal mining as a property rights issue to stand a chance of winning the battle against it. Mr. Cudjoe also indicated that the red tape and the cost involved in securing small scale mining licences contributed to the upscale in … Read more
Nigeria is used to making big headlines—it has Africa’s biggest population, Africa’s biggest film industry, and Africa’s biggest bravado. But in August, Nigeria made the news for being smaller. The West African oil giant recently lost its crown as the largest economy in the region to South Africa after the International Monetary Fund (IMF) recalculated … Read more
The Minister of Roads and Highways, Inusah Fuseini has downplayed assertions that government has failed to proactively address the menace of illegal mining in the country. He however indicated that a novel and sustainable approach to combating illegal mining was needed if any progress was to be made. “The government has not failed in dealing … Read more
The Minister for Roads and Highways, Inusah Fuseini, has decried the lack of political will which he said has allowed the rise in illegal mining known as galamsey. In an interview on Citi TV’s Politicos, Inusah Fuseini, also a former Minister of Lands and Natural Resources and head of the anti-galamsey task-force, said the country … Read more
A suitable environment for businesses to succeed remains an important precursor to economic growth and ultimately the improvement of living standards. At a UN forum held in 2015, UN Secretary-General Ban Ki-moon stressed the relevance of the role of the private sector in the realization of the newly-adopted SDGs which essentially support sustainable development, reduction … Read more
The Producer Price Inflation (PPI) rose to 10.3 per cent year-on-year in July 2016 from the 7.6 per cent recorded in the previous month. According to the Ghana Statistical service, the 2.7 per cent increase in the month’s producer inflation was fueled by activities in the mining and quarrying sub-sector as a result of hikes … Read more
Dr Steve Manteaw, Co-chairperson of the Ghana Extractive Industries Transparency Initiative (GHEITI), says chiefs who receive mining royalties must account to their people on the utilization of such revenues. He said, over the years, chiefs have not been accountable and transparent to the people on how they used their share of the mining royalties. Dr … Read more
The Ghana Mine Workers Union (GMWU) of the Trades Union Congress (TUC) has warned that if steps are not taken to stop the activities of illegal miners, the union would withdraw its services to the industry. “Considering the dangers posed by this menace and the threat to the safety and security of our members, we … Read more
A few days ago, the world celebrated International Youth Day. The theme, “The Road to 2030: Eradicating Poverty and Achieving Sustainable Consumption and Production”, focused on how young people can lead the way in Sustainable Development with a special focus on the Sustainable Development Goal 12, “Ensure sustainable consumption and production pattern”. Goal 12 has … Read more
Firstly, development can simply be defined as a process of growth. Traditional welfare economics had focused on income as the main measure of well-being or development. This parameter witnessed countries being seen as developed or underdeveloped (poor) with respect to the income levels of its citizenry. Later, works of renowned economist Amartya Sen included other … Read more
Firstly, development can simply be defined as a process of growth. Traditional welfare economics had focused on incomes as the main measure of well-being or development. This parameter witnessed countries being seen as developed or underdeveloped (poor) with respect to the income levels of its citizenry. Later works of renowned economist Amartya Sen included other … Read more
Nana Kreku Duah, son of Nana Asantehemaa, Nana Afia Kobi Serwah Ampem II was born in Kumasi on May 6, 1950. His father was Nana Boakye Danquah of Nkyenkyire. At a very early age, he was adopted by his uncle, Oheneba Mensah Bonsu, Hiahene, one of the leading chiefs at the court of Manhyia, who … Read more
Jacob Osei Yeboah 44 years old (28 October, 1968), is married to Hilda Osei Yeboah (Mrs.) in 1996, with four (4) children, Jacobel, Janice, Jeremy and Jeffrey. He is an Engineer, Entrepreneur, Strategist, Philanthropist, a Social Thinker and a transformational leader. Jacob Osei Yeboah is the founder for Mpontuo Mining in 2010, a small scale … Read more
One of Ghana’s astute entrepreneurs, Prince Kofi Amoabeng, says he wish to own the country’s judiciary to make a thriving business out of the system that has recently been hit by scandalous corruption. The 63-year old Chief Executive of UT Bank Ghana made the revelation Saturday afternoon when he sat in the hot seat on … Read more
Oil and mining belong to the extractive industry, where they have a massive impact on the global economy. Ghana is no different. Formerly called the Gold Coast due to its vast wealth of natural resources, the country has benefitted immensely from the extractive industry. The Ghana Statistical Service indicates that the industry contributed a combined … Read more
Ghana’s cedi and Zambia’s kwacha are set to end 2014 as the worst performing African currencies among a small basket that are relatively liquid, as falling commodity prices take a toll on some of the continent’s “lion” economies. The cedi has lost about 27 percent in 2014, one sign of a fiscal crisis in an … Read more
Talented Photographer Ilan Godfrey, in a photoseries called “For Legacy of the Mine”,explores the human cost South Africa’s monolithic mining industry, tracing the threads of exploitation and oppression that run through the country’s lucrative mineral trade. Pivotal in the nation’s emergence as a global industrial leader, the diamond, coal, and gold mines carry with them … Read more
Ghana Chamber of Mines says it is confident ongoing review of the Minerals and Mining Act will help to effectively deal with illegal mining in the country. The review, upon completion, will empower the courts to confiscate illegal mining equipments seized by authorities. The chamber said though an inter-ministerial taskforce charged with eliminating illegal mining … Read more