Content about Ghana

Mining operations usually provide much needed employment in developing countries but these jobs have a finite life. As Alan Swaby learns, a longer point of view is what’s really called for.

There’s nothing new in the bigger mining companies, operating in third world or developing countries, having social responsibility policies. But the question is not what to do while the mine is in operation but rather how to put in place a sustainable structure that can still function even after the life of the mine is over.

Ghana’s resource industry is regulated by the government but it is a complex business. For nearly 110 years, the Ghana Chamber of Mines has been working to createthe right basis for addressing key issues relating to the role of mining in national development.

IPP Resources of Tanzania has a double distinction: not only is the company Tanzania’s largest diversified resources group, but also Tanzania’s only wholly indigenous mining and exploration entity.

The growth potential of Sub-Saharan Africa may be enormous, but unlocking it requires a sound grasp of a very different set of business drivers and challenges. Johan Van Zyl, manufacturing director of Kraft Foods Sub-Saharan Africa, talks to Jane Alverca.

African Underground Mining Services (AUMS) is bringing world class Australian deep mining practices to West Africa and proving itself an essential partner to some of the world’s leading gold mining companies.

Tullow Oil has announced its second acquisition in the space of seven days—this time purchasing the interests of EO Group, which include those offshore Ghana.

The deal, worth $305 million, will increase Tullow's interest in the West Cape Three Points licence offshore Ghana by 3.5 per cent to 26.4 per cent. It will also increase its interest in the Jubilee Oil field, which it already operates, by 1.75 per cent to 36.5 per cent.

The agreement is conditional upon various approvals, including from the government of Ghana.

Gold Fields has agreed to buy an 18.9 per cent stake in the Tarkwa and Damang gold mines in Ghana from IAMGOLD Corporation for $667 million.

The acquisition will increase Gold Fields’ interest in both mines from 71.1 per cent to 90 per cent. The remaining 10 stake is held by the government of Ghana.

John Adom, managing director of Balfos Ltd, talks to Jayne Alverca about the company’s diverse product and sales offering as a single supply source to some of West Africa’s leading mining and industrial operations.

Since 1995, when the company was incorporated in Ghana, Balfos Ltd has developed and enhanced its sales and service operations to become a single supply point for three of West Africa’s largest mining, industrial and construction countries (Ghana, Guinea and Côte D’Ivoire).

Tullow Oil has announced a new discovery of oil and gas offshore Ghana, close to the Jubilee Field.

The company said it discovered 73 metres of net hydrocarbons in the field, in which it has a 22.896 per cent stake. The well is located in the West Cape Three Points licence, outside the Jubilee unit boundary.

Antrak Air Ghana is emerging as West Africa’s most important regional airline. William Asare, quality assurance manager and acting head of flight operations, talks to Jayne Flannery about the factors behind the success story.

The global aviation market has undergone a testing time in recent years; however, Antrak Air Ghana has taken analysts by surprise. To date it has been a tale of ongoing expansion with steadily soaring revenues and profitability.

In recent times Ghana has emerged as a potential major new oil player in West Africa’s resource-rich region. Tullow Oil Ghana’s Stuart Wheaton tells Andrew Pelis of the challenges at the forefront of discovery.