… Relief has finally arrived following a $600,000 investment by the Underground Mining Alliance (UMA), a service provider at the Newmont Ahafo South mine, through its Corporate Social Responsibility (CSR) program. …
… Birch-Mensah said the December 2026 compliance for local contractors “is non-negotiable,” adding that Newmont (NEM.N), opens new tab, Zijin (601899.SS), opens new tab and Ghana Manganese Company were among firms yet to comply. …
… The GMWU said it was particularly concerned about a directive by the Minerals Commission to Zijin, Newmont and AngloGold to transition their owner-mining operations to contract mining by December 2026. …
… Dispute over Minerals Commission directive The union said it first raised its concerns with the Minerals Commission in a letter dated April 23, 2026, following a directive requiring Zijin, Newmont and AngloGold to transition their owner-mining operations to contract mining by Dec …
Newmont’s Ahafo South mine has commissioned a Cat 6040 Next Generation (NG) Hydraulic Mining Shovel supplied by Mantrac Ghana, becoming the first of only three mine sites globally to deploy the advanced equipment. …
… At the chamber level, what you will typically get most companies doing is, for instance, if Newmont or Goldfields have a stronger balance sheet, and if it is Kofi Ansah & Sons that has won a contract to provide services for Newmont or Goldfields, they can borrow on the strength o …
Officials of Newmont and CAT unveiling the new machine Newmont’s Ahafo South Mine has successfully commissioned and received the CAT® 6040 Next Generation (NG) Hydraulic Mining Shovel from Mantrac Ghana, becoming the first operation within Newmont and one of only three mine sites …
Newmont’s Ahafo South mine has successfully commissioned and received Cat® 6040 Next Generation (NG) Hydraulic Mining Shovel from Mantrac Ghana, becoming the first operation within Newmont and one of only three mine sites globally to deploy this advanced loading technology. …
… At the epicenter of this shift is the Underground Mining Alliance (UMA), a globally recognised contract mining firm operating at Newmont’s Ahafo South Mine. …
… This year, it introduced a sliding-scale gold royalty regime linked to prices and signalled plans to phase out fiscal stability agreements, a move that could affect major miners including Newmont, Gold Fields, AngloGold Ashanti, Zijin and Perseus. …
The Underground Mining Alliance (UMA), a service provider at the Newmont Ahafo South mine, has invested $600,000 through its Corporate Social Responsibility program to renovate Kenyasi No. 1 Anglican Junior High School in the Asutifi North District, addressing years of decaying infrastructure including weak roofs, cracked walls, and broken window frames that posed safety hazards to students and teachers.
The Underground Mining Alliance (UMA), a service provider at the Newmont Ahafo South mine, has invested $600,000 through its Corporate Social Responsibility program to renovate Kenyasi No. 1 Anglican Junior High School in the Asutifi North District, addressing years of decaying infrastructure including weak roofs, cracked walls, and broken window frames that posed safety hazards to students and teachers.
Ghana's Minerals Commission is developing minimum wage and tender benchmarks for contract mining firms to prevent underbidding and protect worker pay, as the country requires miners to shift surface operations to Ghanaian-owned contractors and underground operations to joint ventures with at least 50% local ownership by December 31.
The Ghana Mineworkers' Union has petitioned the Ministry of Lands and Natural Resources to halt a directive requiring major mining companies to transition to contract mining by December 2026, arguing that the shift is worsening precarious employment and weakening workers' rights. The union says more than 95 per cent of the sector's workforce is now in fixed-term or casual employment, representing a deterioration from when mining jobs were generally permanent.
The Ghana Mineworkers' Union has demanded suspension of a Minerals Commission directive requiring major mining companies to transition from owner-mining to contract mining, citing concerns that it fuels precarious employment. The union claims over 95% of sector workers now face precarious employment arrangements and has warned of industrial action starting 1 September, including wearing red armbands.
Newmont's Ahafo South mine has commissioned a Cat 6040 Next Generation Hydraulic Mining Shovel supplied by Mantrac Ghana, becoming one of only three mine sites globally to deploy the equipment. The shovel features enhanced safety systems, larger bucket capacity, improved breakout force, and upgraded engines designed to strengthen loading operations and boost productivity.
An opinion piece analyses the Bank of Ghana's potential role in supporting government efforts to indigenise Ghana's mining sector, as locally-owned firms like Engineers and Planners Limited take over concessions such as the Damang Mine from foreign operators.
Newmont's Ahafo South Mine has received and commissioned the CAT 6040 Next Generation Hydraulic Mining Shovel from Mantrac Ghana, becoming the first Newmont operation and one of only three globally to deploy the equipment. The shovel features enhanced bucket capacity, breakout force, upgraded engines for improved fuel efficiency, and advanced safety systems.
Newmont's Ahafo South mine has commissioned a Cat 6040 Next Generation Hydraulic Mining Shovel from Mantrac Ghana, becoming the first Newmont operation and one of three globally to deploy this technology. The equipment features enhanced bucket capacity, breakout force, fuel efficiency, and advanced safety features including dual fire suppression and camera monitoring.
The Underground Mining Alliance, operating at Newmont's Ahafo South Mine, employs more than 320 direct workers from 10 host communities, representing 52 percent of the company's total workforce. The contract mining firm has established an employment model prioritizing local labor across all operational tiers over the past eight years.
Ghana's Cabinet has approved amendments to its mining law for submission to parliament, aimed at increasing oversight of the sector and curbing illegal mining. The revised law seeks to strengthen local content, improve linkages to manufacturing, establish district mining committees, and replace reconnaissance and prospecting licences with a single five-year exploration licence.
Newmont has donated medical equipment worth more than GH¢290,000 to the University of Ghana Health Services to improve healthcare delivery and strengthen patient care. The donation includes patient monitors, hospital beds, infusion pumps, ECG machines, suction machines and other equipment requested by the facility's Internal Medicine Department.
Mining company Newmont has donated essential medical equipment valued at over GHS 290,000 to the University of Ghana Health Services at Legon, following a request from the Internal Medicine Department to address equipment shortages affecting patient care and workflow efficiency.
Government has agreed with large-scale mining companies to purchase 30% of their gold output starting July 1 to boost foreign currency reserves and develop local refining capacity. Gold will be sold to state entity GoldBod in dore form at a 0.55% discount to the central bank's reference rate and settled in Ghanaian cedis.
U.S. Chargé d'Affaires ad interim Rolf Olson says bilateral trade between the US and Ghana reached about $4 billion last year and that there is significant room to expand investment. More than 100 American companies are operating in Ghana across energy, technology and agriculture sectors.
The Ghana Chamber of Mines forecasts 2026 gold production of between 6.1 and 6.9 million ounces, with large-scale output projected at 3.2–3.4 million ounces and small-scale at 2.9–3.5 million ounces. Small-scale mining output overtook large-scale producers for the first time in more than a century in 2025, when attributable gold output increased 23.41 percent to 5.94 million ounces.
Ghana's gold production rose 23.41 per cent in 2025 to 5.94 million ounces, driven by small-scale mining output doubling to 3.11 million ounces, while large-scale production declined 2.98 per cent to 2.83 million ounces. Mining revenue grew 10.61 per cent to GHS24.22 billion.
Finance Minister Dr. Ato Forson has expressed concern about mining companies pressuring the government to renew mining leases and then immediately selling them to other investors. He cited Newmont's sale of its Akyem Gold Mine Project to Zijin Mining Group for US$1 billion a month after securing a lease extension, saying such practices should not be encouraged as they undermine mutual trust.
Finance Minister Dr Cassiel Ato Forson has signalled a tougher stance on mining lease renewals, warning that the government may no longer view favourably situations where companies secure lease extensions only to sell the assets shortly afterwards. He cited a recent Newmont transaction where a renewed lease was sold within a month for approximately one billion dollars, questioning whether such arrangements align with the original intent behind granting lease extensions.
Underground Mining Alliance-Subika, a service provider at Newmont Ahafo South mines, has donated critical medical equipment including diagnostic and maternal health tools to the Amomaso Community-based Health Planning and Services compound as part of its Corporate Social Responsibility policy. The intervention aims to reduce high-risk patient referrals and improve primary healthcare provision in the Asutifi North District.
Emmanuel Armah-Kofi Buah, the Minister for Lands and Natural Resources, promoted Ghana to global mining companies at the United Nations Forum on Forests in New York, highlighting the country's mineral deposits, political stability, and legal frameworks. Ghana has attracted over $20 billion in mining investments over the past two decades and remains Africa's leading gold producer.
Heath Goldfields has paid approximately 22 million US dollars in severance packages to about 98 per cent of 212 former workers of the Bogoso Prestea Mine, addressing legacy debts from the previous operator. The payments marked the end of years of financial uncertainty for workers and their families following the mine's earlier collapse.
The Centre for Public Interest Law equipped 39 community members affected by mining operations with legal knowledge on compensation, land rights, and grievance mechanisms at a workshop in Ahafo Region on December 16, 2025, using case studies from Newmont operations to clarify regulatory options and rights.
Ghana's mineworkers union warns that a government policy requiring international mining companies to hire local firms as contractors will cut wages and job security, since local contractors pay lower rates than foreign firms. The union, representing about 14,000 workers, vowed to mount stiff resistance including possible strikes and protests.
Ghana's mineworkers' union has strongly opposed a reported directive requiring major mining companies including Newmont, AngloGold and Zijin to transition to contract mining by December 2026, warning the move could reduce worker wages by at least half and weaken employment protections and pension benefits.