Browsing: Mining & Energy

Mr. Boakye suggested in a recent interview that Springfield’s latest appraisal report conflicted with the original data presented to justify the unitisation of the Afina field.

The future is bright for Ghana’s mining sector, Edward Nana Yaw Koranteng, CEO of the Minerals Income Investment Fund (MIIF), has said at the recently concluded MIIF Stakeholder Conference at the Marriott Bonvoy Hotel in Accra.

“The sale of Akyem represents continued progress on the non-core asset divestiture program announced in February, supporting our focus on the Tier 1 assets in Newmont’s portfolio that will drive sustainable growth and the return of capital to shareholders,” saidTom Palmer, Newmont’s President and Chief Executive Officer.

Mr Neil Herbert, executive chairman of Atlantic Lithium, described the permit’s issuance as a significant milestone in the permitting process.

Mr. Kutortse noted this was the only way the country’s energy sector could be guaranteed by harnessing the power of our natural resources—sun, wind, and water—to drive our economic growth and reduce our reliance on imported energy.

One key solution, he emphasized, is to mandate the Geological Survey Authority to identify suitable areas for small-scale mining operations, which would prevent miners from venturing into ecologically sensitive areas.

The levy, which was introduced in the 2024 National Budget under the Emissions Act 1112, imposes a tax on carbon dioxide equivalent emissions across several sectors, including oil and gas, construction, manufacturing, mining, and electricity generation.

In a statement issued by the NPA, the authority emphasised that there is no cause for concern or panic, as current LPG stocks are enough to meet national demand.

“We are not just constructing a Petroleum Hub, we are creating opportunities for local businesses, and ensuring the benefits of our resources reach our communities”,

“Our Climate Change Strategy aims to deliver measurable progress, focus our actions, and demonstrate our commitment to proactive, holistic, sustained and transparent action on climate change.”