Tag: mining sector
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High Court Cancels Mining Shares Allotments in $4.3 Million Dispute
Key ruling: Shares invalidated in a $4.3 million mining deal The High Court has ordered the removal of several investors from the share register of DGL Investments Number Five (Pvt) Ltd, in a decision that imperils a lucrative but contentious mining investment tied to a 2017 agreement. The ruling centers on how shares were issued…
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GoldBod losses? Gyamfi dismisses claims as hallucination
Gyamfi dismisses loss claims as hallucinatory, outlines strong performance In a bold denial of circulating reports that the state-owned Ghana Gold Board (GoldBod) is recording losses, Chief Executive Officer Sammy Gyamfi described the claims as products of “hallucination” or “dreams.” Speaking on JoyNews, Gyamfi emphasized that the board’s financials and operations are on a stable…
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Teck Resources’ Commitment to Canada Amid £70B Merger
Teck Resources and the £70 Billion Merger with Anglo American In a surprising move for the mining industry, Vancouver-based Teck Resources has announced a £70 billion merger with the British multinational company Anglo American. The merger aims to create a new entity named Anglo Teck, which is set to reshape the landscape of mining in…