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Help finance mining activities – Aubynn to African banks – Starr Fm

The Chief Executive of Ghana’s Minerals Commission has advised African Banks and Finance institutions to get involved in the provision of capital to local mining entrepreneurs to ensure an optimized benefit of mining to Africans. Dr. Toni Aubynn gave the advice in Abuja, while speaking as a panelist at …

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I didn’t sanction military protection for miners – Kumbour – Starr Fm

Former Defense Minister Dr. Benjamin Kumbour has rubbished claims by the MP for Manso Adubia that he approved military protection for the Russia and Ukraine nationals who were arrested for illegal mining Monday. According to him, the decision to deploy military men anywhere in the country is solely taken …

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Military protecting illegal mining sites – Amewu – Starr Fm

Some Russians and Ukrainians in illegal mining activities in the Ashanti region have been arrested. The foreigners who were operating at a mining  firm at Tontokrom in the Amansie West District were arrested on the orders of the Lands and mineral resources minister John Peter Amewu. The minister also …

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Irate youth torch $1.5m mining equipment – Starr Fm

Rampaging residents of Akyem Abekoase in the Atiwa District of the Eastern region have set ablaze excavators, generators and new mining equipment worth $1.5 million belonging to Adjei-Dankwa Investment. It is unclear what triggered the violent action of the gun, machete-wielding youth numbering about 300. The incensed protestors tied …

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Arrest those engaging children in mining – Child Rights Int’l – Starr Fm

Child Rights International is calling for the arrest and prosecution of parents who engage their children in illegal mining. According to the organisation, its latest findings on child exploitation in mining communities point to an alarming increase in the engagement of children as labourers on mining concession sites with …

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Newmont Africa advances growth projects at Ahafo – Starr Fm

Newmont Africa has announced plans to build a new underground mine and expand processing capacity at its Ahafo operations by more than 50 percent. According to the Regional Senior Vice President – Africa operations, Alwyn Pretorius, the expansion will extend sustainable and profitable production at Ahafo. “We have secured …

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500 excavators moved from mining sites – Starr Fm

Over 500 excavators have been evacuated from the various illegal mining sites in the country, the Chief Executive of the Minerals Commission Dr Tony Aubyn has said. He said the excavators are being moved by the operators of the mining sites themselves without any intervention by the state. Ghana …

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5 Chinese galamseyers remanded – Starr Fm

Five Chinese nationals and their Ghanaian counterparts, who have been arrested over their alleged involvement in illegal mining, have been remanded to police custody. The Chinese suspects are Dong Cheng, 30; Hung Jian, 51; Ning Guorui, 42; Yin Biquiang, 46 and Li Zilong, 44.A Sekondi High Court has set …

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AngloGold resumes dividends on free cash flow jump

AngloGold Ashanti said it would resume dividend payments following a hiatus of more than three years, after lower operating and interest costs helped it nearly double free cash flow to $278m. The company declared a dividend of approximately 10 US cents a share for 2016. Adjusted Headline Earnings (AHE) …

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