Search Results
Ghana Earning Royalties and Corporate Tax From Gold Mining Companies
For centuries, Europeans stripped Ghana of its gold deposits to such an extent that in colonial times it was known as the Gold Coast.
Activist and Mine Workers Demand Africa Mining Tax Reforms
African governments should publish and review all tax subsidies and concessions given to multinational mining firms to boost resources that could be used for fighting poverty, activists said on Wednesday.
Newmont Mining loses $2.06-billion in Q2 2007
Newmont Mining Corp. has released the second quarter financial and operating results, which include a negative $2.12-billion impact of strategic initiatives completed during the second quarter. For the quarter, the company reported a net loss of $2.06-billion $4.57 per share), compared with net income of $161-million (36 cents per share) for the second quarter of [...]
Ghana: Increase Spending On Mining Communities – Chamber of Mines
The Ghana Chamber of Mines has charged government to increase its spending on mining communities, considering the improved balance of payment situation.
Briefing journalists in Accra on Tuesday at a send-off for Mr Bill Zisch, Vice President, Newmont Africa and Asia, Ms Joyce Aryee, Chief Executive of Ghana Chamber of Mines, said there was need with [...]
Newmont Outlines Challenges
ewmont Ghana Gold Limited, a subsidiary of Newmont Mining Corporation, says its biggest challenge apart from the current power crisis is how to manage community expectations of employment.
Speaking during a visit to the Ghana News Agency to acquaint himself with operations, Dr Chris Anderson, Director of External Affairs in Africa and Europe, said that while [...]
Gold overtakes cocoa revenue in Ghana
Accra – Ghana recorded a significant increase in all mineral productions in 2005 with gold over- taking cocoa as the leading foreign exchange earner for the country.
Mineral revenue went up from $798mn in 2004 to $995.2mn in 2005 contributing about 13 percent of the total collection of Internal Revenue Service in the year under review.
