Coal India, the world’s largest coal producer, is evaluating bauxite opportunities in Ghana as the Indian state-controlled miner eyes expansion beyond coal and to secure overseas mineral assets. The Ghana interest is part of a wider plan to establish Coal India’s first overseas trading office in...
Volta Aluminium Company Limited (VALCO) plans to move further into Ghana’s aluminium value chain with a new continuous casting and rolling mill that will produce aluminium rods for electrical cable manufacturers. The company has already supplied test samples to Nexans Kablemetal and Reroy Cables,...
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Environmental protection organisations have urged Ghana government to halt the planned mining of bauxite in the Atiwa Forest Reserve and to completely exclude it from the bauxite mining agreement because of water provision services and ecological reasons, Ghana News Agency reported. The...
A group calling itself the Concerned Citizens of Atewa Landscape has urged Ghana government to rescind plans to mine bauxite in the Atewa Forest Reserve. Three major river bodies, Ayensu, Densu and Birim, will be affected if bauxite mining activities are allowed in the region, citifmonline...
President Nana Addo Dankwa Akufo-Addo has announced an infrastructure development plan across the country to be financed with proceeds of the country’s bauxite as part of measures to move Ghana beyond aid. According to the President, the plan which would be executed in the coming months would...
All the mining equipment belonging to Exton Cubic Group Limited, which was seized on the instruction of the Ashanti Regional Minister, Simon Osei Mensah, and the District Chief Executive of the Atwima Mponua District, has been released. Simon Osei Mensah has directed the regional police command to...
President Akufo-Addo has invited investors in the United State of America to take advantage of the various opportunities that exist in Ghana to establish businesses. He said the country had a viable business climate ready to accommodate American investment, technology, and enterprises. Delivering a...
Due to ongoing winter-heating season and resultant aluminium smelting cuts, bauxite demand in China domestic market has declined marginally. As a result, bauxite imports dropped in January to 7,037,633 tonnes from 7,163,056 tonnes in December last year. China’s total bauxite import for the...
High Court has set February 5, 2018, to give a ruling on in a suit filed against Ashanti Regional Minister by Exton Cubic Group over the seizure of their mining equipment. The Attorney General yesterday explained to the High Court Human Rights Court Division that the State needs more time in Exton...
Government has decided to release the seized mining equipment belonging to Exton Cubic following the cancellation of revocation order of bauxite mining lease. The company’s bauxite mining lease was revoked by the Lands and Natural Resources Ministry in September last year. The mining equipment was...
Exton Cubic Limited has welcomed High Court decision allowing the company to explore bauxite in the Ashanti Region. Godwin Edudzi Tamakloe, a member of the company’s legal team told Citi News that the company is happy with the court’s verdict. The Accra High Court on Thursday, 8 February 2018,...
High Court on Thursday has cancelled ministry of lands and natural resources minister John Peter Amewu’s revocation of bauxite mining lease of Exton Cubic. The Accra High Court’s decision indicates that the company can now explore bauxite in the Ashanti Region. Justice Kweku Ackah-Boafo said that...
An additional hydro power unit is set to bring in more benefits to Ghana’s Volta Aluminium Company (VALCO). The 75 MW unit will help VALCO procure power at a competitive rate of $0.035/kwh in the first quarter of the next financial year. The cost advantage will expectedly allow the primary...
Alusynco Hellas Services Ltd, a subsidiary company of Hellas Construction group, has started the construction of a new manufacturing facility at the Appolonia City’s business park in Accra, Ghana. The plant will manufacture aluminium and PVC home finishing products such as doors, windows, wall...
Government of Ghana is drafting a bill to be presented to parliament for the establishment of the Integrated Bauxite and Aluminium Development Authority, according to news published by citifmonline.com. Alhaji Dr Mahamudu Bawumia, Vice President of Ghana, made the announcement at the ongoing...
Republic of Ghana has come up a long way as one of the major bauxite exporters to China since July this year. From 43,904 tonnes in July it has surged to reach 1,12,587 tonnes in October 2017, revealed data released by the General Customs Administration of China on November 24. The increase of 156...
Exton Cubic Group Limited’s application launched at the High Court for judicial review has been postponed to February 2018. The company wishes a renewal of bauxite mining license which was revoked by the Lands and Natural Resources Ministry. The Minister for Lands and Natural Resources John Peter...
Government of Ghana has put on table an extensive Stimulus Package for financially distressed, but economically viable and promising businesses. Establishment of the Integrated Bauxite and Aluminum Development Authority by law is one of the plans in the blueprint. The government is determined to...
Vice President of Ghana Dr Mahamudu Bawumia says that Ghana has the potential to earn US$450 billion, if the country manages to processes about 900 million tonnes of its bauxite reserves. This was a part of his keynote address at “Ghana beyond Aid” Conference in Accra organised by the Embassies of...
The Coalition of Students in Conservation (COSIC) said at the press conference in Kumasi that they had asked the government not to permit bauxite mining in Atewa Forest Reserve. This would allow the people of Ghana to consume uncontaminated food and water, according to the news published on...
