… Output from the large-scale segment was supported by Newmont’s Ahafo Mine, Cardinal Resources Limited’s Namdini Mine and Zijin’s Akyem Mine following its acquisition from Newmont in 2025. …
… The Minister for instance cited Newmont’s decision last year to sell its Akyem Gold Mine Project to the Zijin Mining Group for US$ 1 billion, a month after it secured an extension of that mining lease. …
… Citing a recent transaction involving Newmont, the Finance Minister noted that a mining lease was renewed and reportedly sold within a month for approximately one billion dollars. …
The Underground Mining Alliance (UMA)-Subika, a service provider operating at the Newmont Ahafo South mines, has donated assorted critical medical equipment to the Amomaso Community-based Health Planning and Services (CHPS) compound. …
… Mr Buah stated that Ghana’s mining sector had attracted over $20 billion in investments in the past two decades, with major firms such as Newmont, AngloGold Ashanti, Gold Fields, Zijin Mining and Perseus Mining operating in the country. …
… everance, salary arrears, provident fund and all outstanding payments.” The union also pledged its support for the success of the company and expressed hope that Heath Goldfields would grow into one of Ghana’s leading mining firms, alongside major industry players such as Newmont …
… Real community case studies, including experiences related to Newmont operations in Ahafo and Akyem, were used to clarify rights and regulatory options. …
Mineworkers' union rejects contract mining directive
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·Joy Online
… Africa’s top gold producer has directed companies, including Newmont (NEM.N), opens new tab, Zijin (601899.SS), opens new tab and AngloGold Ashanti (AU.N), opens new tab, to fully shift mining activities – blasting, loading, hauling and dumping – to local contractors by December …
The Ghana Mineworkers’ Union (GMWU) has strongly opposed a reported directive requiring some of the country’s biggest mining companies, including Zijin, Newmont and AngloGold, to transition to contract mining by December 2026, warning that the move could worsen worker conditions …
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.
Why it matters
Ghana Chamber projects 6.1–6.9 million ounces of gold for 2026, with small-scale mining continuing its historic overtake of large-scale production.
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.