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’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...
Repayment of a US$2-billion loan backed by a portion of Ghana’s bauxite reserves may be defaulted upon according to a...
Ghanaian President Nana Akufo-Addo said late last week that bauxite mining in the Atewa Forest will go forward despite objections...
After talks last weekend between representatives of the two governments, Ghana confirmed that it is going ahead with a US$2-billion...
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 […]
Ghana’s aluminium promotion and development body is attempting to foster greater communication between the state and various stakeholders in order to ensure that its bauxite ore reserves are utilized to the most beneficial extent possible. Last week the Ghana Integrated Aluminium Development Corporation (GIADEC) announced to local media the implementation of an “open door” policy […]
The fallout from violent protests at a bauxite mining operation in southwest Ghana continues as the mine’s management company called upon the government to arrest and prosecute those responsible for property destruction during the course of Monday’s unrest. Ghana Bauxite Company’s general manager J.K. Fang told local media that such action was necessary in order […]
Workers at a bauxite mine in southwest Ghana staged violent protests earlier this week to call attention to poor working conditions and low pay and to demand changes for the better from Ghana Bauxite Company, the mine’s operator. Ghanaian news media reported earlier this week that contract employees complained of “meager” pay, calling for a […]
Ghana’s government is fending off accusations made by locals in the southwestern portion of the country that they were not properly notified by the state regarding bauxite concessions there. Local media reported late last week that residents of Nyinahin in the Ashanti Region recently raised such complaints, saying that the area had already been leased […]
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 ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
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