Akufo-Addo Administration Reaffirms Commitment To Keeping Ghana Bauxite Company Afloat
Ghana’s Deputy Minister for Lands and Natural Resources in charge of Mining George Mireku Duker went on record last week...
The Ghanian government is actively searching for partners to rehabilitate the aluminium smelter operated by state-owned Volta Aluminum Company (VALCO). Such was the message conveyed by Ghana Lands and Natural Resources minister Samuel Jinapor at the Africa CEO Forum conference earlier this...
Ghana’s Deputy Minister for Lands and Natural Resources in charge of Mining George Mireku Duker went on record last week...
The Ghanian government held talks last week with Russian aluminium giant UC Rusal regarding investing in Ghana’s domestic bauxite industry....
China’s Bosai Minerals Group announced earlier this week its departure as an investor at Ghana Bauxite Company (GBC) Limited, throwing...
Ghana’s president announced earlier this week that his government is well into plans to take advantage of the bauxite ore reserves in the eastern reaches of his country. In a speech delivered while touring the region President Nana Addo Dankwa Akufo-Addo said that the government-owned Ghana Integrated Aluminium Development Corporation (GIADEC) is working toward bauxite […]
Repayment of a US$2-billion loan backed by a portion of Ghana’s bauxite reserves may be defaulted upon according to a report published last week quoting the International Monetary Fund (IMF). According to the Natural Resource Governance Institute’s report entitled Resource-Backed Loans: Pitfalls and Potential, the 2018 loan to Ghana’s government from Chinese firm Sinohydro obligates […]
In the course of the Ghanaian president’s state of the union address last week, Nana Akufo-Addo revealed that the decision by Ghana Integrated Aluminium Development Corporation (GIADEC) on the subject of a joint venture to explore the country for additional bauxite resources would be made by year’s end. Speaking to Ghana’s parliament on Thursday, Akufo-Addo […]
Responding to protests against bauxite mining in the Atewa Forest, four of the area’s chiefs and elders released a statement last week condemning such protests and assuring the wider world that the process for agreeing to the proposed mining was honest and transparent. The statement, which was carried by domestic media outlets earlier in the […]
Power is back on at Volta Aluminum Company Limited’s (VALCo) plant in Ghana today after provider Ghana Grid Company Limited (GRIDCo) cut the supply on Monday over VALCo’s outstanding unpaid debt to the firm. The Head of Communications and Public Affairs for Ghana’s Energy Ministry Nana Oppong Damoah confirmed the new state of affairs to […]
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