This study examined the impact of Chinese involvement in small-scale gold mining in Ghana. The Chinese presence introduced irrevocable changes, notably the use of heavy machinery and new technology, such that the sector will never be the same again. The intensification of small-scale gold mining through
The global rush to grab resources took an unexpected turn in Ghana recently. With the hike in gold prices from 2008 onwards, a large influx of foreign miners, especially from China, entered into the artisanal and …
— Section snippets 'Informalized' spaces, Chinese investment and the re-shaping of rural sub-Saharan Africa. The questions which have come to dominate recent public discussions and policy dialogue on Chinese participation in Ghana's informal gold mining economy are little different to those which underpin much larger debates about …
— China's Chifeng Jilong Gold Mining has received Ghana's approval to proceed with the acquisition of Golden Star Resources (TSX: GSC), which owns 90% of the Wassa gold mine in the...
— At the heart of Ghana's gold rush is Wassa Akropong – a farming community in the Western North region of Ghana dominated by Chinese nationals who are milking …
— While the engagement of Chinese migrants in small-scale mining in Ghana has gained traction in scholarship, the extant literature pays little attention to how the relationship between the so-called formal institutions (e.g., the Minerals Commission and Ministry of Land and Natural Resources) and informal institutions (e.g., the chieftaincy …
— Illegal gold mining by Chinese nationals using heavy machinery has fueled resentment and hostility amongst local communities in Ghana.
— Although the majority of Chinese interests in African mining is state sponsored, the Ghana case demonstrates private Chinese agency that is mostly attracted to illegal small-scale mining in Ghana due to push factors in the homeland and pull factors associated with Ghanaian state weakness.
— Endeavor Mining (TSX:EDV) used to mine gold in Ghana, but in 2017 privately owned BCM International bought the company's Nzema mine in the country for US$65 million. The deal closed in December ...
— Ghana is Africa's largest gold producer, the sixth globally.It produced approximately 129 metric tonnes in 2021.. Gold mining in Ghana stretches back over 1000 years. It first served as a ...
— Chinese Mining Companies Move Forward With Two Huge Deals Worth More Than a Billion Dollars in Ghana, DRC. The Kamoa-Kakula Copper Mine in the Democratic Republic of Congo (DRC) is on …
— The Gold Rush Ghana is a major gold exporter and the precious metal remains one of the vital sources of revenue for the nation. In 2020, gold contributed close to GHC 7.8 billion, roughly 1.3 billion U.S. dollars to Ghana's Gross Domestic Product (GDP). However, an estimated $2.3 billion worth of illegally-mined gold left Ghana in 2016.
— Ghana is one of the world's gold hotspots. It is Africa's largest producer of gold and it ranks sixth globally. In 2023, 4 million ounces were produced. It is essential to Ghana's economy ...
— Ghana has ordered all large-scale mining companies to sell 20% of their entire stock of refined gold at their refineries to the Bank of Ghana from Jan. 1, 2023, Vice-President Mahamudu Bawumia ...
The mine is one of Ghana's newest gold operations and it is located in the country's Ashanti Region. Both companies have set up a number of working groups whose objective is to make sure that ...
— Chinese national En "Aisha" Huang is well known in Ghana as the "Galamsey Queen," a nickname bestowed by the local media to describe her status as a kingpin of illegal gold mining operations. Her …
Edikan Gold Mine is a large-scale, low-grade multi open-pit operation located on the Asankrangwa Gold Belt, Ghana. ... Canada and Eritrea, the latter including the completion of exploration and feasibility studies on the Zara Gold Project before its sale to Chinese interests. Prior to that Dr Jones served for five years as Vice President ...
DOI: 10.1016/J.JRURSTUD.2014.03.001 Corpus ID: 154273668; Chinese Participation in Ghana's Informal Gold Mining Economy: Drivers, Implications and Clarifications @article{Hilson2014ChinesePI, title={Chinese Participation in Ghana's Informal Gold Mining Economy: Drivers, Implications and Clarifications}, author={Gavin Hilson and Abigail …
Our first mine, the Edikan Gold Mine in Ghana, has produced more than 2 million ounces of gold since commencing commercial production in 2012. Based on current Ore Reserves, Perseus will recover a further 1.3 million ounces of …
— The informal character of Ghana's gold mining economy has been heavily overlooked in discussions on the growing population of Chinese galamsey operators. ... As is the case with gold mining, scores of Chinese families have migrated to sections of rural sub-Saharan Africa, where they have opened shops and engaged in local trade, seeking …
— Looking ahead, global gold mine production is expected to remain flat during the forecast period (2024-2030), at a CAGR of 0.9%, primarily due to the depletion of its gold resources in China alongside scheduled closures of …
— Chinese national Aisha Huang was sentenced to four years in jail for illegal gold mining in Ghana. Ghanaian court rules against Huang, highlighting her involvement in the country's illegal gold mining. Environmental concerns persist as illegal gold mining remains a means of subsistence for many.
Ghana is struggling to strike a balance between maintaining good relations with Beijing and cracking down on illegal Chinese mining operations. ... Ghana is Africa's second-largest gold producer after South Africa and small-scale mining accounts for about 30 per cent of total gold output. The small-scale mining sector was legalised in 1989 ...
— Illegal gold mining in Ghana further exacerbates a volatile cocoa market. In 2014, experts predicted a global cocoa shortage by 2020. However, cocoa production statistics have been unpredictable ...
— Mechanized mining is causing severe damage to local ecosystems, says Reginald Guuroh, researcher at the Forestry Research Institute of Ghana and specialist in land reclamation after illegal mining.
— In addition to mining issues in Nigeria and Namibia, the Democratic Republic of Congo has banned six Chinese businesses operating in South Kivu for illegally extracting gold and other minerals. Before this, according to the ET, 33 Chinese nationals were detained in Ghana in 2019 for engaging in illegal gold mining activities.
Traditionally, small-scale gold mining in Ghana has been carried out by locals on their own land using hand-operated tools. These methods have slowly modernised and expanded, but the recent influx of foreign – predominantly Chinese – miners has accelerated this development. This is …
— In summary, the sale of Newmont's Akyem gold mine in Ghana represents a pivotal moment in the gold mining industry. Amid soaring gold prices and intense interest from Chinese producers, the transaction underscores the strategic value of gold mining assets and the dynamic interplay between global economic forces and the natural …
Chifeng Gold Won the Title of the Most Socially Responsible （ESG）Listed Company of 2023 and other Awards in the 17th Crytal Ball Award ... Fengtai District, Beijing,100161, P.R.China Shanghai 36/F, 21FC, No.8 Century Avenue, Pudong, Shanghai, 200120, P.R.China Hong Kong Room 1905, 19th Floor, China Resources Building, 26 Harbour …
