Ghana Minute.
Monday, 15 June 2026
Ghana’s news, on the hour · Est. 2026
Monday, 15 June 2026
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Mining & Energy

Uranium, diamonds, oil & gas, green hydrogen.

Mining & Energy

GIISDEC aims to start iron and steel mining by 2027

The News

The Ghana Integrated Iron and Steel Development Corporation is advancing discussions with potential investors and acquiring land to establish a mine and processing plant by 2027, aiming to unlock the country's iron ore potential and boost industrialisation.

Why it matters

Ghana Integrated Iron and Steel Development Corporation targets mining operations by 2027 as it advances investor discussions and land acquisition to unlock the country's iron ore potential.

1 hour ago · Joy Online

Today

  1. GIISDEC aims to start iron and steel mining by 2027

    The Ghana Integrated Iron and Steel Development Corporation is advancing discussions with potential investors and acquiring land to establish a mine and processing plant by 2027, aiming to unlock the country's iron ore potential and boost industrialisation.

    1 hour ago · Joy Online

  2. Angela List elected First Vice President of Ghana Chamber of Mines

    Angela List, founder and CEO of Nguvu Mining Limited, has been elected First Vice President of the Ghana Chamber of Mines at its annual general meeting in Accra. List pledged to draw on her 25 years of mining industry experience to help maximise the country's mineral wealth and promote greater female participation in the sector.

    4 hours ago · The Ghanaian Times

  3. Global Ore receives approval for Aboso-Bompieso mine operations

    Global (Ghana) Ore Industries Ltd has received official approval to operate the Aboso-Bompieso Mine as a large-scale mining company in the Prestea Huni Valley Municipality of the Western Region, following a lease transfer from Adudanfed Company Limited on 3 January 2025. The company pledges to create employment opportunities and pursue infrastructure development and local content participation in the host communities.

    5 hours ago · Joy Online

  4. Global Ore announces Abosso-Bompieso mining project to Wassa Fiase

    Benso Global (Ghana) Ore Industries Limited has announced its Abosso-Bompieso mining project to the Wassa Fiase Paramountcy, having acquired a 17-year mining lease in December 2024. The company plans to establish a modern processing facility with crushing, milling, leaching, and gold recovery systems, alongside a tailings storage facility.

    10 hours ago · Business & Financial Times

Saturday 13 June

  1. Study identifies reforms needed for Ghana's community mining scheme

    Researchers have presented findings from a study on Ghana's Community Mining Scheme, evaluating its benefits since 2019 and identifying policy and practice changes needed. The research, conducted by teams from the University of Derby and University of Mines and Technology, surveyed 500 CMS miners and interviewed regulators and miners to assess the scheme's impact and challenges.

    13 June 2026 · Joy Online

  2. Asante Gold launches 800-hectare reforestation project in western Ghana

    Asante Gold Chirano Limited has launched a reforestation project to restore approximately 800 hectares of degraded forest land as an environmental offset for areas disturbed by its mining operations, with an expected investment of US$7 million over 10 years and creation of more than 350 jobs for surrounding communities.

    13 June 2026 · Joy Online

  3. Asante Gold invests $7m to restore 800 hectares of forest

    Asante Gold Chirano Limited has launched a US$7 million reforestation programme to restore approximately 800 hectares of degraded land within the Tano-Suraw Forest Reserve over 10 years, expected to create more than 350 jobs for surrounding communities. The initiative is part of the company's reforestation offset agreement with the Forestry Commission and aims to restore ecosystems, protect watersheds, improve biodiversity, and contribute to climate change mitigation.

    13 June 2026 · Business & Financial Times

  4. Ghana promotes upstream oil and gas investment to Canadian partners

    Ghana is pitching upstream oil and gas opportunities to Canadian investors at a global energy summit, with the Petroleum Commission promoting investment in the country's onshore Voltaian Basin and offshore prospects. The CEO of the Petroleum Commission says Ghana is well-positioned to attract capital due to global energy market volatility and the need for supply diversification and energy security.

    13 June 2026 · Joy Online

Friday 12 June

  1. GNFS prevents spread of electrical fire at Techiman power station

    The Ghana National Fire Service contained a fire in a capacitor bank at GRIDCo's Techiman Power Station on June 9 after receiving a distress call at 5:22 a.m. The six-member crew brought the fire under control within minutes and fully extinguished it by 5:45 a.m., with no casualties reported.

    12 June 2026 · Joy Online

  2. Africa must pursue just clean energy transition

    An analysis of global energy dependency on finite fossil fuels and their greenhouse gas emissions, which cause rising sea levels, coastal displacement in Ghana and Africa, and health impacts, argues that sustainable energy transitions are necessary to mitigate climate change.

    12 June 2026 · Joy Online

  3. Italy showcases mining and energy partnership at WAMPEX 2026

    Italy has unveiled its national pavilion at the West African Mining & Power Expo (WAMPEX), demonstrating its commitment to Ghana's development in the mining, energy, and industrial sectors. The participation aligns with Italy's Mattei Plan for Africa and builds on its historical contributions to Ghana, including the Akosombo Dam and energy collaborations.

    12 June 2026 · Joy Online

  4. Ghana's $3.5bn gas investment insufficient for 2030 demand

    The Ghana National Petroleum Corporation's deputy chief executive warned that the projected US$3.5 billion investment in gas will not meet the country's domestic demand by 2030, necessitating continued reliance on liquefied natural gas imports. GNPC is pursuing a two-pronged strategy of expanding domestic production while maintaining LNG imports, and is seeking partners to develop the Voltarian Basin as the country's first onshore oil and gas field.

    12 June 2026 · Joy Online

  5. Akosombo fire caused by ageing cables, not sabotage

    An investigating committee found that the Akosombo Substation fire was caused by insulation failure in decades-old cables in the low-voltage panel, not human interference. The initial power supply automatically tripped at 311 amps, but a second transformer set to trip only at 450 amps allowed the fault to continue and generate excessive heat.

    12 June 2026 · Daily Guide

  6. ASEC calls for infrastructure reforms after Akosombo Substation fire

    The Africa Sustainable Energy Centre has urged sweeping reforms in Ghana's electricity transmission infrastructure following an investigation into the Akosombo Substation fire, which was attributed to insulation failure caused by ageing infrastructure. ASEC called for strengthened maintenance practices, improved fire protection systems, and implementation of regular thermal imaging inspections across major substations.

    12 June 2026 · Joy Online

  7. Ghana's mining output projected to strengthen in 2026

    Ghana's mining industry is projected to record higher mineral output in 2026, with large-scale gold production expected between 3.2 and 3.4 million ounces and small-scale miners forecast to produce between 2.9 and 3.5 million ounces, pending policy certainty and regulatory reforms. The Ghana Chamber of Mines noted that the sector remains a strong economic pillar, with attributable gold production rising 23.41 per cent to 5.94 million ounces in 2025, largely driven by small-scale mining's 63.82 per cent surge.

    12 June 2026 · The Ghanaian Times

  8. Investment and payment security needed for West Africa gas expansion

    At the 2026 West Africa Gas Summit in Accra, officials and industry leaders said regional gas integration requires stronger commercial frameworks and private investment to lower energy costs and support industrialisation across West Africa. The West African Gas Pipeline, which transports gas from Nigeria to Ghana, Togo and Benin, demonstrates successful regional cooperation that could be expanded further.

    12 June 2026 · Business & Financial Times

  9. Oil prices fall as Trump cancels planned strikes on Iran

    Brent crude fell $1.83 (2%) to $88.55 a barrel and U.S. West Texas Intermediate dropped $1.60 (1.8%) to $86.11 after U.S. President Donald Trump called off planned strikes on Iran on Thursday, citing progress in discussions that could lead to a peace deal reopening the Strait of Hormuz to shipping as soon as this weekend.

    12 June 2026 · Joy Online

Thursday 11 June

  1. Seequent expands subsurface software footprint in West Africa

    Seequent, a global leader in subsurface earth modelling and data management software, is expanding its presence in West Africa, with Ghana serving as a key hub. The company's Regional Manager for West Africa credits Ghana's diverse mineral base, credible regulatory framework, and relentless exploration activity as reasons for the region's strategic importance to Seequent's operations.

    11 June 2026 · Joy Online

  2. Ghana Gas CEO pitches natural gas opportunities to international investors

    At the Global Energy Show in Calgary, Ghana Gas CEO Judith Adjobah Blay highlighted the company's role in Ghana's energy security, noting it supplies about 84 percent of fuel used in thermal power generation and has achieved estimated annual fuel cost savings of US$1.3 billion. She also outlined Ghana Gas's participation in regional energy projects including the West African Gas Pipeline and the proposed African Atlantic Gas Pipeline.

    11 June 2026 · Joy Online

  3. Government orders safety review after Akosombo substation fire

    Following a report on the Akosombo Substation fire, the government has directed relevant institutions to undertake enhanced safety and risk management measures at critical power installations. Agencies responsible for key power infrastructure have been tasked to develop and implement an action plan covering safety protocols, infrastructure improvements and periodic audits.

    11 June 2026 · Joy Online

  4. Energy Minister receives Akosombo Substation fire probe report

    Dr John Abdulai Jinapor, the Minister for Energy and Green Transition, has commended the committee chaired by Ing. Amuna that investigated the Akosombo Substation fire, noting that the final report has been submitted to government for review to determine appropriate responses to its recommendations.

    11 June 2026 · Joy Online

  5. Minister promises accountability after Akosombo fire investigation

    Dr John Abdulai Jinapor, Minister for Energy and Green Transition, has received a final investigative report on the Akosombo Substation fire and assured Ghanaians that government will pursue accountability, address any shortcomings, and prevent similar incidents in future.

    11 June 2026 · Joy Online

  6. Ghana First Alliance protests Gold Fields licence renewal in Accra

    The Ghana First Alliance staged a protest in Accra demanding the government not renew the mining licence of Gold Fields, a South African-owned mining company. The demonstration, linked to recent xenophobic attacks in South Africa against Ghanaian businesses, calls for the contract to be terminated and mining concessions handed to Ghanaian operators.

    11 June 2026 · The Ghanaian Times

  7. Akosombo Substation fire caused by insulation failure, not sabotage

    An investigation committee concluded that a fire at the Akosombo Substation resulted from insulation failure in ageing cables in the low-voltage panel rather than deliberate sabotage. The committee found that cables installed decades ago had deteriorated over time, becoming brittle and allowing abnormal electrical current flow.

    11 June 2026 · Joy Online

  8. West Africa pushes gas expansion through regional integration

    West African countries are pursuing deeper regional integration and expanded cross-border gas infrastructure to strengthen energy security and lower electricity generation costs. Ghana's Deputy Minister for Energy noted that gas accounts for about 80 percent of Ghana's power generation fuel mix, and cited the West African Gas Pipeline as a successful example of regional collaboration.

    11 June 2026 · Business & Financial Times

  9. Oil prices rise amid US-Iran strikes and Strait closure

    Oil prices jumped as Tehran declared the Strait of Hormuz closed following fresh U.S. strikes against Iran, with President Trump threatening further attacks. Brent futures rose 1.59% to $94.58 a barrel and U.S. crude climbed 1.90% to $91.74.

    11 June 2026 · Joy Online

  10. Ghana Chamber projects 6.1–6.9M oz gold in 2026

    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.

    11 June 2026 · Business & Financial Times

  11. Tony Elumelu appointed Seplat Energy chairman, effective January 2027

    Tony Elumelu has been elected chairman of Seplat Energy, succeeding Senator Udoma Udo Udoma in January 2027. Engr. Effiong Okon has also been appointed Chief Executive Officer, effective 1 August 2026.

    11 June 2026 · Business & Financial Times

Wednesday 10 June

  1. Large-scale mining contributed GH¢22.22bn in 2025

    Ghana's large-scale mining sector contributed over GH¢22.22 billion in revenue to the economy in 2025 and provided over 13,819 direct jobs, according to the Chamber of Mines CEO. The industry also recorded US$4.20 billion in local procurement spending and spent US$88.60 million on community development initiatives.

    10 June 2026 · Daily Guide

  2. Large-scale mining sector contributed GH¢22.22bn in 2025

    Ghana's large-scale mining sector contributed over GH¢22.22 billion in revenue to the economy and provided over 13,819 direct jobs in 2025, despite global and domestic challenges, according to the Chamber of Mines. The industry also recorded local procurement spending of US$4.20 billion and spent US$88.60 million on community development initiatives.

    10 June 2026 · Daily Guide

  3. Ghana's mining sector shifts toward greater local ownership

    Ghana's mining industry is undergoing a transformation toward increased Ghanaian participation and ownership, with indigenous companies demonstrating the expertise and financial capacity to manage major mining assets. Recent examples include Engineers & Planners' acquisition of Damang Mine and Heath Goldfields' intervention at Bogoso-Prestea Mine, along with Heath Goldfields' launch of a US$20 million Five-Year Community Development Plan.

    10 June 2026 · Business & Financial Times

  4. Local ownership gaining traction in Ghana's mining sector

    Ghana's mining industry is undergoing a transformation toward greater Ghanaian participation and ownership, with examples including Engineers & Planners' acquisition of Damang Mine and Heath Goldfields' intervention at Bogoso-Prestea Mine. Heath Goldfields has launched a Five-Year Community Development Plan valued at US$20 million.

    10 June 2026 · Business & Financial Times

  5. DMGL donates refuse bins to schools for World Environment Day

    Damang Gold Mine Limited marked World Environment Day at an event in the Western Region with traditional authorities, EPA officials, and community members. The company donated eight refuse bins to four schools in Damang to support waste management and environmental education.

    10 June 2026 · The Chronicle

  6. Mining sector contributed GH¢22.2bn to economy in 2025

    Ghana's large-scale mining sector contributed more than GH¢22.22 billion to the economy in 2025 despite global challenges including geopolitical tensions and supply chain disruptions. The sector supported 13,819 direct jobs, spent about US$4.2 billion on local procurement, and invested US$88.6 million in community development initiatives.

    10 June 2026 · Business & Financial Times

  7. Oil rises on US-Iran tensions and tightening crude stockpiles

    Oil prices climbed Wednesday after the U.S. military struck Iranian targets in response to the downing of a U.S. Apache attack helicopter, and as U.S. crude stockpiles posted another large draw. Brent futures rose 0.7% to $92.11 a barrel and U.S. West Texas Intermediate crude climbed 0.7% to $88.80.

    10 June 2026 · Joy Online

Tuesday 9 June

  1. Ghana urges private sector role in West Africa gas development

    Ghana's Deputy Minister for Energy and Green Transition called for stronger private sector involvement in financing gas infrastructure across West Africa, arguing that governments cannot alone meet the sector's capital demands. He noted that many regional gas projects are technically sound but struggle to reach financial close due to weak project preparation frameworks and limited investment readiness.

    9 June 2026 · Joy Online

  2. Energy Commission launches renewable energy champions challenge

    The Minister for Climate Change and Sustainability announced the 2026 Energy Commission Senior High Schools Renewable Energy Challenge, stating that Ghana's climate financing needs are estimated at over $22 billion and that climate action must be translated into practical solutions and technological innovation. The government expressed commitment to supporting young Ghanaians in developing renewable energy and climate-smart solutions.

    9 June 2026 · Joy Online

  3. Tarkwa mining lease renewal hinges on jobs and community stability

    The Gold Fields Tarkwa mining lease renewal debate extends beyond mineral rights to a question of employment, community livelihoods, and national development. The operation supports over 4,700 direct employees and contractors, alongside thousands in surrounding economic networks, making the decision critical to worker protection, livelihood preservation, and Ghana's investment reputation.

    9 June 2026 · Business & Financial Times

  4. Manso Nkran residents demand urgent road repairs in mining area

    Residents of Manso Nkran in Amansie South District say roads are riddled with potholes and mud, hindering travel and healthcare access despite years of mining activity. The Queen Mother warns that poor conditions pose risks to pregnant women seeking emergency medical care and have forced drivers to increase transport fares.

    9 June 2026 · Joy Online

  5. GRIDCo board meets Speaker to discuss energy infrastructure agenda

    The Ghana Grid Company's eight-member board held discussions with Parliament's Speaker, Alban Bagbin, to strengthen stakeholder engagement on the nation's energy infrastructure agenda and introduce the new Board Chair. GRIDCo's Chief Executive outlined restoration works following a recent fire incident at Akosombo and plans for a new control room, while noting operational challenges from illegal chainsaw and mining activities affecting transmission infrastructure.

    9 June 2026 · Daily Guide

  6. TOR resumes refining operations with one million barrels

    Energy Minister Dr John Jinapor highlighted the resumption of refining activities at the Tema Oil Refinery (TOR) following receipt of one million barrels, stating it boosts Ghana's energy security and reduces dependence on imported fuel. He noted that simultaneous refining at TOR and Sentuo Oil Refinery reflects government commitment to local processing of petroleum resources.

    9 June 2026 · Joy Online

  7. Sentuo Oil Refinery strengthens Ghana's downstream petroleum processing capacity

    Energy Minister John Jinapor says the Sentuo Oil Refinery is playing an increasingly important role in Ghana's downstream petroleum industry following delivery of locally produced Jubilee crude oil, with the facility's growing capacity supporting reduced reliance on imported refined products and industrial growth.

    9 June 2026 · Joy Online

  8. Jubilee crude delivery to Sentuo Refinery signals Ghana's value maximization

    Ghana's Energy Minister has called the delivery of locally produced Jubilee crude oil to Sentuo Oil Refinery a significant milestone, stating that domestic refining strengthens energy security, reduces import dependence, and supports growth in petroleum-linked industries.

    9 June 2026 · Joy Online

  9. GRIDCo Board meets Speaker to strengthen energy infrastructure collaboration

    Ghana Grid Company's eight-member board held discussions with Parliament's Speaker Alban Bagbin to brief him on company developments and formally introduce Board Chair Kuukua Maurice Ankrah. The CEO outlined restoration efforts following a fire incident at Akosombo and plans for a permanent control room, while highlighting operational challenges from illegal chainsaw and mining activities affecting transmission infrastructure.

    9 June 2026 · Joy Online

  10. Ghana delivers first Jubilee crude cargo to Sentuo refinery locally

    Ghana has delivered its first cargo of locally produced Jubilee crude oil to the Sentuo Oil Refinery in Tema for processing, 15 years after the country's first crude oil production from the Jubilee Field in 2011. The initiative aims to increase Ghana's participation in the oil and gas value chain, strengthen energy independence, and reduce reliance on imported refined petroleum products.

    9 June 2026 · The Ghanaian Times

  11. Ghana's gold output surges 23% 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.

    9 June 2026 · Joy Online

  12. NPA marks World LPG Day, commits to clean energy expansion

    The National Petroleum Authority commemorated World LPG Day 2026, reaffirming commitment to expanding LPG access and safety standards in Ghana. The NPA CEO emphasized the need for coordinated regulation and public education, while the government pledged to increase local LPG production and promote clean cooking in secondary schools.

    9 June 2026 · Joy Online

  13. Oil prices rise modestly as Iran-Israel tensions ease temporarily

    Brent crude and U.S. West Texas Intermediate prices rose slightly after Iran and Israel halted attacks following an appeal from U.S. President Donald Trump, though investors remain uncertain whether the truce will hold given lingering geopolitical tensions and the possibility of resumed strikes.

    9 June 2026 · Joy Online

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