Proceeds from the country’s gold production in the first half of the year rose to US$2.43 billion compared with US$1.75 billion recorded in the same period last year. Gold production during the period under review stood at 1,993,850 ounces, which represents an increase of 38.6 percent from the production figure of 1,438,656 ounces a year … Read more
For the second year in a row, Newmont Mining Corporation (NYSE: NEM) has been ranked by the Dow Jones Sustainability World Index (DJSI World) as the mining industry’s overall leader in sustainability. Newmont’s inclusion on the index also marked the 10th consecutive year the company has been selected for the DJSI World. This year, the … Read more
Gold miner Perseus Mining’s reinvestment into its Edikan mine, in Ghana, would tip at more than $40 million at the end of the 2018 financial year, Managing Director and Chief Executive Officer, Jeff Quartermaine said on Wednesday. Speaking at the Africa Downunder conference in Perth, Australia, he said that as of the June quarter, some … Read more
New York Stock Exchange-listed Newmont Mining Corporation has announced that its Board of Directors have declared a quarterly dividend of $0.025 per share of common stock, payable on September 29, 2016. Newmont’s gold price-linked dividend policy includes a quarterly dividend payable based on the average LBMA P.M. Gold Price for the preceding quarter (Gold Price). … 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