R/€ = 17.13 Change: 0.01
R/$ = 15.10 Change: 0.01
Au 1834.70 $/oz Change: 3.68
Pt 1034.00 $/oz Change: -2.00


Huge explosion in Ghana mining region kills residents, fells buildings

By: Reuters     21st January 2022 An explosion in Ghana's rural Western Region on Thursday razed hundreds of buildings and killed an unknown number of residents when a truck carrying explosives to a gold mine collided with a motorcycle. Unverified videos posted on local media showed a large, smouldering blast site in which... 

Gold Fields rejoins World Gold Council

By: Tasneem Bulbulia     19th January 2022 Market development organisation the World Gold Council (WGC) has welcomed Gold Fields back as a member. The firm was a founding member of the WGC in 1987 and played an important role in shaping the direction of the WGC and many of the initiatives that have supported the development of the global... 

Ramaphosa, billionaire Soon-Shiong open NantSA vaccine production campus in Cape Town 

By: Irma Venter     19th January 2022 The NantSA vaccine manufacturing campus at Brackengate, in Cape Town, could soon produce its first Covid-19 vaccine, says NantWorks founder and CEO Dr Patrick Soon-Shiong. President Cyril Ramaphosa and Soon-Shiong on Wednesday officially opened the NantSA facility. 

Hexagon completes safety project installation at Gold Fields’ Damang mine

By: Tasneem Bulbulia     19th January 2022 Digital reality solutions provider Hexagon’s Mining division has completed a safety installation with miner Gold Fields Ghana. About 35 mine vehicles were equipped with Hexagon’s Operator Alertness System Heavy Vehicle (OAS-HV) at the Damang mine in Ghana’s western region. 

Cyber-risks a major concern for South African, African businesses – Allianz

By: Schalk Burger     18th January 2022 Cyber-risks are the biggest concern for companies globally, in South Africa, Africa, the Middle East and Nigeria in 2022, and the threat of ransomware attacks, data breaches or major information technology outages are of greater concern to companies than business and supply chain disruption,... 

Ewoyaa drilling assays confirm high grades, mineralisation continuity

By: Donna Slater     18th January 2022 Africa-focussed lithium explorer and developer Atlantic Lithium reports that its current high-grade infill drilling campaign at the Ewoyaa lithium project, in Ghana, continues to confirm high grades and mineralisation continuity. Atlantic recently announced an updated scoping study and increased... 

GoldStone completes second gold pour at Ghana project

By: Tasneem Bulbulia     17th January 2022 Aim-listed GoldStone Resources has completed its second gold pour at the Homase mine, in the Ashanti Gold Belt, in Ghana. The first pour on November 30, 2021, yielded about 14.46 kg of gold doré and the second pour has yielded 28.50 kg of gold doré. 

Pan-African Payment and Settlement System to save $5bn a year in transaction costs

By: Schalk Burger     14th January 2022 The Pan-African Payment and Settlement System (PAPSS) platform, established by multilateral finance institution the African Export-Import Bank (Afreximbank) and the African Continental Free Trade Area (AfCFTA) Secretariat, will save Africa more than $5-billion a year in payment transaction costs.... 

AECOM to leverage ‘Think and Act Globally’ strategy to unlock growth in 2022

12th January 2022 As the world’s trusted infrastructure consulting firm, AECOM is justifiably proud of its involvement with the Tema Port expansion project in Ghana. One of the biggest infrastructure projects of its kind on the continent to date, AECOM recently received an ENR Global Best Projects Award 2021 for... 

Tullow CEO signals oil’s heady days over with spending clampdown

By: Bloomberg     6th January 2022 Oil explorers have flown high and crashed back to earth over the past decade, and Rahul Dhir knows both parts of the journey better than anyone. He made his name 15 years ago with the multibillion-dollar initial public offering of a company that made a huge crude discovery in India. Dhir is now... 

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