Latest news with #MininginMotion
Zawya
23-04-2025
- Business
- Zawya
West African Chambers of Mines to Advance Regional Mining Collaboration at Mining in Motion (MIM) 2025
The upcoming Mining in Motion (MIM) 2025 Summit – taking place from June 2-4 in Accra, Ghana – will feature the participation of Adama Soro, Chairman of the Economic Community of West African States (ECOWAS) Federation of Chambers of Mines (EFEDCOM). Soro will participate in a panel session alongside representatives from the World Gold Council, Newmont Africa, AngloGold Ashanti and the Ghana National Association of Small-Scale Miners. The Fostering Synergies Between Artisanal and Small-Scale Miners: Maximizing Gold Value Through Collaboration session will explore how partnerships between small- and large-scale miners can boost Ghana and West Africa's gold industry through strategic collaboration. In Ghana, major international firms such as AngloGold Ashanti, Newmont Africa, Gold Fields and Galiano Gold are increasing investments ( in the country's gold sector. Cardinal Resources is developing the 358,000-ounce-per-annum Cardinal Namdini Mine, set to launch by mid-2025, while Newmont is advancing the expansion of its Ahafo Mine. Ghana has maintained its position as Africa's largest gold producer – and sixth-largest globally – while Burkina Faso and Mali rank among Africa's other leading producers. EFEDCOM's participation at MIM 2025 will highlight current partnership opportunities across West Africa and among small- and large-scale miners to drive regional mining sector development. EFEDCOM will also take part in exclusive networking sessions focused on identifying effective strategies for Ghana to address industry challenges and unlock new growth through collaboration and innovation. As a consortium that brings together mining chambers and companies from across the ECOWAS regional mining value chain, EFEDCOM plays a key role in advancing regional market integration to optimize resource use and boost GDP. The organization advocates for investor-friendly policies and sustainable mining practices that reinforce Ghana and West Africa's position as leading global destinations for mining investment. Organized by the Ashanti Green Initiative, in partnership with the World Bank, the World Gold Council and other international stakeholders, the MIM 2025 Summit will convene top-tier decision-makers, including H.E. John Dramani Mahama, President of Ghana, along with representatives from the African Union and the United Nations. Held at the Kempinski Hotel in Accra, the summit will take place under the theme Sustainable Mining&Local Growth – Leveraging Resources for Global Impact. 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 For sponsorship opportunities or delegate participation, contact sales@
Zawya
16-04-2025
- Business
- Zawya
AngloGold Ashanti Sponsors Mining in Motion Amid Industry Expansion
Global gold mining company AngloGold Ashanti is implementing an expansion strategy in Ghana, targeting greater gold production across its projects. Amid this expansion, the company has joined the Mining in Motion 2025 summit as a Gold Sponsor, underscoring a commitment to advancing sustainable mining practices and economic growth in the country. AngloGold Ashanti is implementing a $500 million expansion project to enhance production at the 224,000 ounce-per-annum (koz) Obuasi mine. The mine was placed on limited-operations in 2017, but a redevelopment plan initiated in 2018 breathed new life into the development. Across two phases, AngloGold Ashanti is redeveloping the mine. The project will enable the exploitation of an additional 5.8 million ounces of gold reserves, extending production life at Obuasi with 20 years. Anglogold Ashanti also operates the 268 koz Iduapriem mine in western Ghana. The open-pit operation produces 5.2 million tons per annum, supporting Ghana's position as Africa's top gold producer. In 2023, AngloGold Ashanti and Gold Fields announced plans to create a joint venture between the Iduapriem mine and the Gold Fields-operated Tarkwa mine. Expected to extend the life of mine, increase production while lower costs, the venture is awaiting the requisite government approvals. AngloGold Ashanti's participation at the Mining in Motion 2025 summit will support the company's efforts to increase gold production, providing an opportunity for greater collaboration and deal-signing. Taking place on June 2-4, 2025, in Accra, under the theme Sustainable Mining&Local Growth – Leveraging Resources for Global Growth, the event unites Ghana's policymakers and mining stakeholders with global partners to discuss the future of gold mining. Mining in Motion is organized by the Ashanti Green Initiative in partnership with the World Bank, the World Gold Council and other international stakeholders. 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 For sponsorship opportunities or delegate participation, contact Sales@ Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
15-04-2025
- Business
- Zawya
Newmont Africa's Managing Director to Speak at Mining in Motion Conference
Abdul Raman, Managing Director, Newmont Africa will participate at the upcoming Mining in Motion Conference, taking place on 2 - 4 June, 2025 in Accra, Ghana. Raman will join key players driving the growth of Ghana's mining sector in a panel session titled Environmental Impact of Mining and Rehabilitation Impacts, highlighting Newmont Africa's commitment to sustainable mining practices in Ghana, Africa's largest gold producer. Representing Ghana's leading gold producer, Raman's participation at the inaugural Mining in Motion Conference will be instrumental in showcasing Newmont Africa's investment strategy as Ghana leverages gold mining to drive GDP growth. Under Raman's leadership, Newmont Africa's Ahafo South Gold Mine has maintained its position as Ghana's Best Company in the Extractive Sector, ranking top in the Ghana Investment Promotion Center's Ghana Club 100 Awards in 2024. In addition to Ahafo South, Newmont Africa operates Ghana's third-largest gold mine, Akyem, which produces 422,000 ounces of gold per year. Newmont Africa is also spearheading industry growth through expansion projects, including the Akyem Underground and Layback Expansion, which will extend the Akyem mine's lifespan beyond 2030. The company is also advancing the Ahafo North Project, expected to commence commercial production in the second half of 2025, with an annual output of up to 325,000 ounces of gold. Amidst these development, Mining in Motion represents an ideal platform for Raman to connect with Ghana's regulatory authorities, key industry players and global partners to explore new opportunities within Ghana's gold value chain. Mining in Motion is organized by the Ashanti Green Initiative, in collaboration with the World Bank, the World Gold Council, and other international partners. Held under the theme Sustainable Mining&Local Growth – Leveraging Resources for Global Impact, the event will bring together key decision-makers, including H.E. John Dramani Mahama, President of Ghana, as well as representatives from the African Union, ECOWAS, and the United Nations, to shape the future of mining in Ghana. Distributed by APO Group on behalf of Energy Capital&Power. 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 For sponsorship opportunities or delegate participation, contact Sales@
Zawya
14-04-2025
- Business
- Zawya
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 For sponsorship opportunities or delegate participation, contact Sales@ Distributed by APO Group on behalf of Energy Capital&Power.
Yahoo
14-04-2025
- Business
- Yahoo
Dynacor Updates on Year-to-Date Expansion Progress
MONTREAL, April 14, 2025--(BUSINESS WIRE)--Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation"), is pleased to provide an update on year-to-date progress on its expansion plan within West Africa and Latin America. The Corporation currently remains on track for its 2025 objectives, and on schedule for producing 500,000 AuEq ounces by 2030. 2025 Progress versus Objectives Senegal - Preparatory work for the 50-tpd pilot plant in Senegal is proceeding to plan. All tenders have been awarded, and contractors paid a first on-site visit in March. The environmental and social impact study has been ratified by the Senegalese authorities, paving the way for the Corporation to apply for land clearance and construction permits. Construction is scheduled to begin before end of June and be completed in Q1-2026 latest. Ecuador – Due diligence is ongoing on multiple fronts for the 1,500 tpd permitted processing plant in southern Ecuador (see press release dated March 31, 2025). The legal and fiscal reviews have already commenced, with work on the environmental assessment expected to commence this week. In the event of positive due diligence and approval by the Board, the Corporation could settle the US$9.75 million purchase price towards the middle of May. Ghana – Following a plant visit, discussions are ongoing with potential country managers and partners in Ghana. The Corporation expects to attend the inaugural Mining in Motion summit in June where it will continue discussions with potential partners and with the Ghana Gold Board. The latter is a new entity that is responsible for regulating, overseeing, monitoring, and managing the purchasing, assaying, refining, and exporting of artisanal and small-scale gold in Ghana. Once a letter of intent has been signed with a local entity, Dynacor expects to purchase a land concession or a future processing plant. The concession will be in an artisanal mining-intensive area, and its location will be informed by the Corporation's extensive sampling, meetings and research. Côte d'Ivoire – Dynacor continues to follow the ongoing revision of the mining code by the Ivorian parliament, which is expected to be completed in 2025. On its ratification, the Corporation envisages acquiring a site for its future plant About Dynacor Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The company plans to expand to West Africa and within Latin America. The premium paid by luxury jewellers for Dynacor's PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit for more information. Forward-Looking Information Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release. View source version on Contacts For more information, please contact:Ruth HannaDirector, Investor RelationsT: 514-393-9000 #236E: investors@ Website:
