Rand Refinery Joins Mining in Motion Summit as Silver Sponsor
Rand Refinery Limited, the world's largest integrated single-site precious metals refining and smelting complex, has joined the upcoming Mining in Motion 2025 Summit as a Silver Sponsor. The participation of Rand Refinery underscores the company's commitment to strengthening Ghana's gold sector and highlights a drive to fostering responsible gold mining, exports and processing practices.
Rand Refinery Limited plays a crucial role in driving the growth of Ghana's gold upstream sector, providing services such as smelting, evaluation, refining and recovery of previous metals. The company's largest shareholders operate some of Ghana's largest mines. Notably, AngloGold Ashanti operates the 268,000 ounce-per year (oz/y) Iduapriem mine and the 224 oz/y Obuasi mine, while Gold Fields manages the Tarkwa facility. Meanwhile, Rand Refinery has the exclusive rights to refine gold recovery company Goldplat's Ghanaian production. An agreement is in place whereby Goldplat has first right of refusal to process all Rand Refinery's by-products not suitable for its own refining process.
As Ghana maximizes the growth of its gold sector through collaboration with global partners, enhancing cooperation with investors such as Rand Refinery Limited is critical. The firm's participation at Mining in Motion demonstrates its dedication to strengthening relationships within the Ghanaian gold industry and to unlocking growing prospects within the upstream and downstream sectors.
Mining in Motion is organized by the Ashanti Green Initiative in partnership with the World Bank, the World Gold Council and other international stakeholders. The event brings together key decision-makers, including H.E. John Dramani Mahama, President of Ghana, alongside public and private sector leaders from the African Union, the Economic Community of West African States and the United Nations, to discuss the future of gold mining.
Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium to large scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting www.MininginMotionSummit.com. For sponsorship opportunities or delegate participation, contact Sales@ashantigreeninitiative.org.
Distributed by APO Group on behalf of Energy Capital&Power.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Post
3 days ago
- Arabian Post
Unregulated Gold Rush Poses Existential Risk to Ghana's Mining Future
Ghana's gold reserves have surged to 31.37 tonnes in 2025, reaffirming its position as Africa's leading gold producer. However, this growth is shadowed by a significant rise in artisanal and small-scale mining , which now accounts for nearly 40% of national output. The proliferation of unlicensed operations is raising alarms over environmental degradation, regulatory challenges, and the long-term sustainability of the country's mining sector. The Ghana Chamber of Mines projects a 6.25% increase in gold production, reaching 5.1 million ounces this year. This uptick is driven by both large-scale projects, such as Newmont's Ahafo South and Shandong's Namdini mines, and a notable expansion in ASM activities. Despite contributing significantly to gold output, an estimated 70–80% of ASM operations remain unlicensed, complicating efforts to regulate the sector and mitigate its environmental impact. The environmental consequences of unregulated ASM are evident. In Senegal, similar practices have led to mercury contamination in the Faleme River, prompting a suspension of mining activities along its banks until 2027. In Ghana, the use of mercury and other hazardous chemicals in ASM poses serious risks to both ecosystems and public health. ADVERTISEMENT To address these challenges, the Ghanaian government has established the GoldBod initiative, aiming to streamline small-scale gold purchases and combat smuggling. The removal of withholding taxes has also been implemented to reduce illegal trade. However, enforcement remains a significant hurdle, with many ASM operations continuing outside the legal framework. The rise in ASM is not unique to Ghana. Across Africa, artisanal mining supports the livelihoods of millions but often operates in legal grey areas. In the Democratic Republic of Congo, for instance, ASM is a major component of the mining industry, yet it frequently involves child labor and unsafe working conditions. Efforts to formalize the sector have been inconsistent, leading to ongoing concerns about human rights and environmental sustainability. The World Bank has introduced a new framework to promote sustainable and inclusive ASM practices. This approach emphasizes the professionalization of artisanal miners, urging governments to implement regulatory measures that ensure environmental stewardship and social well-being. By fostering partnerships among governments, multilateral institutions, and civil society, the framework seeks to integrate ASM into the formal economy, enhancing transparency and accountability. Technological advancements offer potential solutions for sustainable mining. In Zimbabwe, the introduction of biological oxidation techniques has reduced pollution by 20%, minimizing the use of harmful chemicals like mercury and cyanide. Similarly, the adoption of renewable energy sources, such as solar and wind power, is transforming mining operations across Africa, reducing carbon footprints and operational costs. Despite these initiatives, the path to sustainable mining in Ghana remains fraught with challenges. The informal nature of ASM, coupled with limited access to financing and equipment, hampers efforts to improve efficiency and safety. Moreover, the lack of clear property rights and tenure security often leads to conflicts between artisanal miners and large-scale mining companies. To mitigate these issues, experts advocate for comprehensive reforms that include simplifying licensing processes, providing technical training, and ensuring fair market access for artisanal miners. By integrating ASM into the formal economy, Ghana can enhance regulatory compliance, protect the environment, and promote equitable economic growth.
Zawya
3 days ago
- Zawya
Mining in Motion 2025: Niger Eyes Economic Development Fund
Colonel Ousmane Abarchi, Minister of Mines of Niger, announced plans to establish a national economic development fund during the Mining in Motion 2025 summit – held in Accra. The fund aims to redirect revenues from the mining sector to strengthen other industries while tackling illicit mining. 'We seek to develop an economic development fund so that revenues from mining bolster other industries. We are also seeking community development, as illicit mining damages the environment. By addressing illegal mining, we are ensuring the purification of water bodies,' Minister Arbachi stated. Minister Arbachi emphasized that addressing the widespread challenges of illegal mining across the continent must begin with the inclusion of local communities in decision-making and direct benefits. The proposed fund would aim to reinvest mining profits into local companies – supporting sectors such as agriculture, infrastructure and education – to create alternatives to illegal mining and enhance long-term development. The initiative aligns with the broader themes of the Mining in Motion summit, which focuses on sustainable resource governance, responsible mining practices and cross-border collaboration. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
6 days ago
- Zawya
Ghana's President Mahama to Deliver Keynote Address at Mining in Motion 2025
John Dramani Mahama, President of the Republic of Ghana, will deliver the keynote address at the official opening of the Mining in Motion conference, taking place from June 2-4 at the Kempinski Hotel in Accra. His address will outline the country's strategy and efforts by Africa to drive economic development through the sustainable exploitation of mineral resources. As Africa's leading gold producer, Ghana – under the leadership of President Mahama - continues to set the standard in sustainable resource management, investment attraction and local content development. In 2024, the country's gold mining sector generated $11.6 billion, with small-scale gold mining ( alone contributing $5 billion in export revenue and employing over one million people. The President's participation underscores Ghana and Africa's commitment to fostering a responsible, high-growth mining industry that supports economic expansion and job creation. Under the theme, Sustainable Mining&Local Growth – Leveraging Resources for Global Growth, Mining in Motion 2025 will convene Africa's top industry stakeholders, global investors and leading institutions – including the World Bank and the World Gold Council – to explore emerging trends, regulatory developments and technological advancements shaping the future of mining. The conference will highlight Ghana and Africa's strategic vision, emphasizing policies that enhance local benefits, promote sustainability and strengthen international partnerships. Organized by the Ashanti Green Initiative – led by Oheneba Kwaku Duah, Prince of Ghana's Ashanti Kingdom – in collaboration with the World Bank and the World Gold Council, with the support of Ghana's Ministry of Lands and Natural Resources, the summit offers unparalleled opportunities to connect with industry leaders and engage in critical discussions on artisanal, small-scale and large-scale mining. Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting ASGM and medium to large scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting For sponsorship opportunities or delegate participation, contact Sales@ Distributed by APO Group on behalf of Energy Capital&Power.
