Australian gold miner Resolute Mining has announced that it has agreed to sell the Bibiani Gold Mine in Ghana to Canadian gold developer Asante Gold Corporation for $90million.
Sources at the Ghana National Petroleum Corporation (GNPC) has said the proposal to acquire stakes in Aker Energy and AGM Petroleum will save the state oil company $700 million.
Founding President of IMANI Africa, Franklin Cudjoe, has backed GNPC’s proposal to increase acquisition of Aker’s oil block but says the nation’s exploration company must do well to justify the price and benefits of the deal to the Ghanaian public.
A professor of Finance at the University of Ghana Business School, Prof Godfred Bokpin has disagreed with Dr. Bawumia's  'prudent debt management' comment over the weekend.
Finally, Ghanaians were, a fortnight ago, given a holistic look at the various specific initiatives government is pursuing under the second, and most potentially transformative phase of its ambitious GHc100 billion, three year Ghana COVID 19 Alleviation and Recovery of Enterprises (Ghana CARES) initiative.
Vice President Dr Mahamudu Bawumia has said despite the rising public debt level, prudent management of the economy has meant key indicators remain favourable.
Chairman of the Civil Society Platform on Oil and Gas, Dr Steve Manteaw has cautioned his CSO colleagues against killing GNPC’s ambition for Ghana to explore and produce its own oil.
Parliament’s Joint Committee on Energy and Finance has recommended approval of the government’s request for a loan to enable Ghana National Petroleum Corporation (GNPC) to acquire a 37% stake in Aker Energy and a 70% stake in AGM Petroleum’s oil blocks.Â
Barring any last-minute hitches, Royal Gold Ghana Limited (RGGL), a refinery in which the state has a 20 per cent stake, will begin operation by the end of October this year.
Eighty dormant Oil Marketing Companies (OMCs) on the books of the National Petroleum Authority, will soon have their operating licences revoked, NPA’s CEO, Dr. Mustapha Abdul-Hamid has notified.
The Court of Appeal has upheld the ruling of the High Court in the case of UniBank vrs Dr. Duffour and nine others for Nii Amanor Dodoo to act as the receiver.
Egbert Faibille, CEO of the Petroleum Commission of Ghana, has confirmed his attendance and participation at African Energy Week (AEW) 2021, taking place in Cape Town on the 9th-12th of November.
