Bank of Ghana Warns Gold Export Halt Strains Foreign Reserves Amid Rising Inflation
The Bank of Ghana cautioned that a mid-August suspension of gold shipments is depleting foreign exchange buffers while inflation climbs toward 5 percent.
The Bank of Ghana cautioned that a mid-August suspension of gold shipments is depleting foreign exchange buffers while inflation climbs toward 5 percent.
Aurum Resources has raised $37 million to kickstart preliminary development work at its Boundiali gold asset in Côte d’Ivoire.
Artemis Gold has entered into a definitive agreement to purchase all outstanding shares of Vista Gold, marking a full corporate buyout in the gold sector.
Amex Gold has finished construction of the primary shaft at its Perron gold property, marking the official start of underground development activities.
Australian explorer Broken Hill Gold is ramping up drilling operations at its White Dam site after initial results indicated a 160 percent increase in the Vertigo zone’s indicated resource estimate.
Authorities in a Nigerian state have indefinitely suspended all mining activities after a security operation targeting illicit extraction sites resulted in 37 fatalities.
A deadly incident at an unauthorized gold mining site in Nigeria has claimed 37 lives, prompting presidential directives for a comprehensive inquiry into the operation.
The Kurmuk gold operation in Ethiopia has successfully tied into the national power network and initiated testing of its primary crushing circuit.
Violent demonstrations in Minna, Nigeria, have led to an official investigation after 33 suspected artisanal gold operators were killed during enforcement actions against unlicensed mining sites.
Multiple labor unions representing workers at Barrick Gold’s Loulo-Gounkoto operation in Mali have issued strike notices demanding back pay and contract enforcement, warning of work stoppages by the end of September 2026 if negotiations stall.
New Found Gold has reached commercial production at its Hammerdown gold mine, providing operational benchmarks to advance its Queensway project.
G Mining Ventures has announced drilling results from its Brazilian Gurupi project that confirm newly discovered near-surface gold mineralization.
Pan American Silver has acquired an equity position in Cadillac Mines, initiating a capital restructuring plan for the Canadian-based gold development project.
Kenya mandates domestic processing for all exported ores under a new policy aimed at boosting local value addition in the mining sector.
A sudden power failure at Canada’s Hemlo gold mine has curtailed underground operations and cast uncertainty over scheduled production expansions.
From September 11 to 14, the gold-silver ratio rose from 67.31 to 68.15.
Deccan Gold has officially commissioned the processing facility at its Altyn Tor gold project, advancing the asset into active commercial production.
CICC Securities analysts suggest that with near-term Federal Reserve rate hike expectations largely absorbed by markets, gold prices are likely to stabilize and recover following recent volatility.