IMF Says Collateral At Risk In Bauxite-Backed Loan From Sinohydro To Ghana
Repayment of a US$2-billion loan backed by a portion of Ghana’s bauxite reserves may be defaulted upon according to a...
Ghana
Ghana’s Bauxite Mining Plans Well Underway: President Akufo-Addo
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...
Ghana To Decide On New Bauxite Joint Partnership By Year’s End: President Akufo-Addo
In the course of the Ghanaian president’s state of the union address last week, Nana Akufo-Addo revealed that the decision...
Local Tribal Chiefs Allay Fears Of Harm To Ghana’s Atewa Forest By Proposed Bauxite Mining
Responding to protests against bauxite mining in the Atewa Forest, four of the area’s chiefs and elders released a statement...
Events
Power Restored To Ghana’s VALCo Smelter After Brief Debt Row
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 […]
Bauxite Mining In Ghana’s Atewa Forest To Be Done In Environmentally Responsible Manner: Akufo-Addo
Ghanaian President Nana Akufo-Addo said late last week that bauxite mining in the Atewa Forest will go forward despite objections from some quarters that such activity may threaten the flora and fauna of the wildlife preserve. Speaking to journalists on Friday, Akufo-Addo said that investors and mining partners for the project will be revealed early […]
First Payment On Infrastructure-For-Bauxite Deal Made By China To Ghana
After talks last weekend between representatives of the two governments, Ghana confirmed that it is going ahead with a US$2-billion deal with the People’s Republic of China to exchange infrastructure improvements in the West African country for bauxite ore. According to Ghanaian Vice-President Mahamudu Bawumia, Beijing has already released the first payment on the deal, […]
Ghana Bauxite Authority Urged By Domestic NGOs To Seek ASI Certification
A domestic NGO is urging the Ghanaian aluminium authority to pursue certification by the Aluminum Stewardship Initiative (ASI) in order to ensure that its efforts at extracting and marketing its wealth of bauxite ore is done in a safe and responsible manner. Abu Karimu, director of Settle Ghana, urged the Ghana Integrated Bauxite and Aluminium […]
Head Of GIADEC Visits Site Of Bauxite Miner Riots In SW Ghana
The head of Ghana’s aluminium promotion and development body traveled to a mine in the country’s southwest last week to ensure that the recent labor unpleasantness has been put behind it. Michael Ansah, Chief Executive Officer of Ghana Integrated Aluminium Development Corporation (GIADEC), traveled to Ghana Bauxite Company Ltd.’s (GBC) mine in Awaso at the […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
