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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A human rights, environmental and mining advocacy NGO named Wacam, has urged Ghana government not to grant license to any company to mine bauxite in the Atiwa Forest Reserve, on environmental grounds. Mr. Boakye-Dankwa Boadi, Director of Communication and Advocacy of Wacam warned that mining right...
Exton Cubic Limited is considering filing legal suit against the government for revoking company’s Nyinahini mining lease to undertake prospecting of bauxite in the Ashanti Region. The government cancelled the bauxite mining lease yesterday, August 4. Exton Cubic’s Public Relations Officer, Samuel...
After abruptly cancelling a bauxite concession agreement with Exton Cubic, an indigenous mining firm for bauxite mining at Nyinahini, President Akufo-Addo’s Land and Natural Resources Minister, Mr John Peter Amewu is expected to announce government’s decision to cancel Exton Cubic’s Nyinahini...
Three Traditional leaders of the Nyinahini Bauxite reserve is have offered their support for Exton Cubic Ltd in continuing with Bauxite exploration in the Ashanti Region. The chiefs reiterated their long term trust on Exton since 2005 and expressed concern over stopping the company from exploiting...
Exton Cubic Group that has been directed Environmental Protection Agency (EPA) to halt mining operations at Nyinahini bauxite franchise in Ashanti district, has accused the EPA of not giving it a fair hearing over the bauxite prospecting deal in the Tano-Offin Forest Reserve in the Ashanti Region....
After Environmental Protection Agency (EPA), Ghana’s Minerals Commission has now directed Exton Cubic Group Limited to halt mining operations at Nyinahini bauxite concession overlooking Tano Offin Forest reserve in Ashanti district. Exton Cubic shall obtain the “necessary approvals and permits as...
<p>The Environmental Protection Agency (EPA) has not granted the EPA permit to Exton Cubic Group Limited to undertake prospecting of bauxite at Nyinahini in the Atwima Mponua District of the Ashanti Region. Exton Cubic Group Limited restricted from entering the Nyinahin bauxite deposit area.</p>...
<p>Bosai Group has planned to build an alumina refinery project in Gaizhou, Yingkou in Liaoning Province, according to the news published on Shanghai Metals Market.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;"...
<p>Ghana vice president Dr. Mahamadu Bawumia came forward to defend and clarify the receipt of US$19 billion funds from China; he said the funds receipt was actually for a bauxite joint venture with China and not a loan.</p> <p style="text-align: center;"><img style="vertical-align: middle;"...
<p>Ghana is mulling mortgaging the bauxite deposits in the Atiwa forest and Nyinahin to China for some US$15 billion. The country which stands a good chance to prosper leveraging its rich mineral resources has found in world environmentalists and other industry experts staunch critics of the...
<p>Ghana’s Senior Minister Yaw Osafo-Maafo yesterday said at a conference in London after coming from China, that it has inked a memorandum of understanding (MOU) with China for the development of country’s bauxite industry.</p> <p><img style="vertical-align: middle; display: block;...
<p>According to the vice president of Ghana Dr. Mahamudu Bawumia, Ghana has about a 160 million tonnes reserve of bauxite. The country would fetch revenue about $460 billion at current market prices from its bauxite reserves.</p> <p><img style="vertical-align: middle; display: block; margin-left:...
<p>Ghana’s Trade and Industry Minister Alan John Kwadwo Kyerematen said during the National Single Window Conference yesterday that the government is planning to diversify the economy towards bauxite and aluminium industry. This would lead to the starting of a new vehicle assembly and...
<p>The Bank of Ghana came up with a clarification on the US$41.05 million proceeds from bauxite exports that went missing in the Auditor General’s 2015 Statements of Foreign Exchange Receipts and Payments report saying it is there in the report, but in a separate column. BoG said it did not...
<p>The Bank of Ghana (BoG) has been directed by the Public Accounts Committee (PAC) to provide details of about 40,000 tons of bauxite worth US$41million as soon as possible that the country exported in 2015.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
<p>Dr Koh Poh Koon, Singapore’s Minister of state for Trade and Industry, is visiting Western African Countries of Ivory Coast and Ghana with the intention of strengthening economic ties. Dr Koh Poh Koon is also looking for business opportunities in the region.</p> <p><img...
<p>President of Ghana Nana Addo Dankwa Akufo-Addo has announced on Tuesday, 21 March, that the government will establish an integrated <a href="http://www.alcircle.com/primary_aluminium/newscircle/project/detail/27187/ghana-outlines-plans-for-an-integrated-aluminium-industry"...
<p>The Minister of Finance, Ghana, Mr Ken Ofori-Atta, has expressed the government’s desire to fast-track economic development of the country during the presentation of the 2017 budget statement on Thursday. Mr Ofori-Atta said the government has decided to develop an integrated aluminium...
