AGA Community Trust Fund to build KG blocks for two communities in Obuasi

AGA Community Trust Fund to build KG blocks for two communities in Obuasi

Sod cutting for the construction of two KG blocks In line with its mandate of investing in a way that contributes meaningfully to community development, Anglogold Ashanti-Obuasi Community Trust Fund has cut sod for the construction of two ultra-modern Kindergarten blocks for Dokyiwa and Binsere communities in Obuasi. The AGA-OCTF will also fund the construction […]

Tito Mboweni appointed as chairman of property group

Tito Mboweni appointed as chairman of property group

Former finance minister Tito Mboweni has been appointed as chairman of the Accelerate Property Fund with immediate effect. JSE-listed Accelerate owns a 50% stake of Fourways Mall, along with other smaller shopping centres and other properties in Johannesburg and Cape Town. Mboweni previously served as chairperson of Accelerate, before he was appointed as finance minister. […]

Major miners make the grade in sustainability: S&P Global

Major miners make the grade in sustainability: S&P Global

Rio Tinto, Newmont, Gold Fields, Anglo American and IGO were all among the mining operators recognised in S&P Global’s Sustainability Yearbook for 2022. The Yearbook is based on S&P Global’s Corporate Sustainability Assessment (CSA), a 23-year-old research process to capture ESG (environment, social and governance) metrics and data on complex sustainability topics. The results captured […]

Mining & metals 2022: ESG and energy transition - the sector's biggest opportunity

Mining & metals 2022: ESG and energy transition – the sector’s biggest opportunity

For the mining & metals industry, 2021 will be remembered for two very clear themes. First, the stunning recovery from the COVID-19 pandemic that sent commodity prices soaring to levels never seen before. Second, that ESG has anchored itself as a mainstream aspect of business and will remain top-of-mind in the boardroom. While the industry […]

Kibali Delivers Another Stellar Performance and Expects to Grow Its Mineral Reserves Net of Depletion

Kibali Delivers Another Stellar Performance and Expects to Grow Its Mineral Reserves Net of Depletion

Kibali has continued to lead Barrick’s clean energy drive, with power sourced from its three continuously upgraded hydropower stations, supported by new back-up battery technology. All amounts expressed in US dollars Kinshasa, Democratic Republic of Congo — The Kibali gold mine produced a total of 812,152 ounces 1 , well within guidance for 2021, and […]

Closure of Maxam Company Limited to affect mining companies - AngloGold Ashanti

Closure of Maxam Company Limited to affect mining companies – AngloGold Ashanti

Minerals Commission hands over shutdown documents to Maxam Mineral’s Commission shuts down Maxam Maxam cannot be held responsible for any wrongdoing till end of investigations- Minerals Commission Maxam has been operating for the past 30 years Steven Asante Yamoah, Senior Manager in charge of Mining at AngloGold Ashanti, Iduaprim mines has said in spite of […]

SIU wins preservation order in AngloGold Ashanti Hospital fraud case

SIU wins preservation order in AngloGold Ashanti Hospital fraud case

R570m was spent to refurbish AngloGold Ashanti Hospital in Carletonville, from an original budget of R50m.File picture: ALON SKUY The Special Investigating Unit (SIU) has won confirmation of a R7.9m interim preservation order in the AngloGold Ashanti Hospital matter. The SIU was called in to investigate the R570m refurbishment of the hospital in Carletonville — […]

Meet the seven business moguls in Ghana who are multimillionaires

Meet the seven business moguls in Ghana who are multimillionaires

Former finance minister, Dr Kwabena Duffuor Touted as one of the fastest-growing economies in Africa, Ghana is home to 110 multimillionaires and 2,800 high net-worth individuals. Collectively, they control roughly $56 billion in assets. Despite not having any billionaires in dollar terms, Ghana is leaps and bounds ahead of many African countries in terms of […]