Ghana Energy

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Of all the trends mining analysts track, the two biggest factors affecting Ghana’s gold industry in 2013-14 will be enhanced regulation by the government on illegal mining and the shifting price of gold. The country recently made international headlines for arresting 166 Chinese citizens using heavy equipment to illegally mine for gold. After...

What changes can investors expect in existing royalty and windfall tax schemes?

Over the past few years, with commodity prices spiralling ever higher and minerals like gold reaching record levels, many host governments have felt that they were missing out on potential windfalls from their extractive industries – much needed in an era of global belt-tightening. Amongst conditions of economic uncertainty, the mining sector – on...

How competitive is Ghana for mining investment?

Chapter | Mining from The Report: Ghana 2013

Vast mineral resources have served as a primary driver of Ghanaian economic growth in recent decades, and 2012 was another banner year for the mining industry. Ghana was the world’s eighth-largest producer of gold in 2012. At the same time, production of bauxite, a key aluminium property, increased, while deposits of diamonds and manganese continued to attract international investment. Overall,...
Investment in Ghana’s hydrocarbons sector has boomed over the past six years, with capital inflows helping stoke headline growth in the double digits. The performance of oil and gas exploration and production (E&P) activity has been robust, but passage of new legislation to regulate the E&P segment is likely to provide an additional boost to the industry and create a clearer and more sustainable environment for upstream producers.

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