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Tag: Damang Mine

Gold Fields share price drops after government denies its mining lease

Business, News April 15, 2025 Kennedy Mornah 0 Comments

Gold Fields Limited, one of the world’s leading gold producers, is preparing to shut down its Damang mine in Ghana by Friday, April 18, 2025, after the government rejected the company’s application to extend its mining lease. The announcement, made on Monday, triggered a 6.3 per cent drop in Gold Fields’ share price on the […]

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Wilful loan defaulters face 5-year credit ban under new BoG rules

August 14, 2025

Wilful loan defaulters could soon face a five-year ban from accessing credit from any regulated financial institution in Ghana. The new Bank of Ghana (BoG) directive also requires commercial banks and other regulated lenders to publish the names of such defaulters twice a year, on June 30 and December 31, in at least two national […]

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  • Sylvester Stallone among Kennedy Center honourees announced by Trump
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