Though home to a diverse set of minerals, it has been the soaring price for gold amidst a weak global economy that has brought about significant increases in production, investment, exploration and revenues. However, minerals such as manganese, bauxite and diamonds are also being explored and excavated, and the country could once again rejoin the...
For many, offshore hydrocarbon exploration constitutes perhaps the final frontier in the oil and gas sector. Offshore drilling targets oil and natural gas deposits trapped beneath the ocean floor – or in some cases beneath inland lakes and seas – which are accessed through wellbores in the seabed. It is the most complex and expensive way of...
The transition from energy “nobody” to an important regional player is reaching a crucial phase in Ghana. Since the discovery of offshore oil in June 2007, the government has made a number of decisions to reach oil production in just 42 months, the quickest turnaround in the history of the modern energy sector. However, the decision-making process...
With revenues and production of a number of minerals on the rise, Ghana’s mining industry continues to be a prime contributor to export earnings and to state coffers. As the government completes the mapping and geological survey of the remaining unchartered seams, the prospects for continued growth and earnings from the sector look positive. However...
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