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ASX-listed Perseus Mining capital cost estimates of its Ayanfuri gold project, in Ghana, fell by 23% with the introduction of heap-leach production into the project’s feasibility projections, the gold explorer said on Monday. The new…

One of the top five banks in Ghana says its focus is not to be the biggest bank in Ghana. Standard Chartered Bank, which is third behind Ghana Commercial Bank and Barclays Bank in terms of assets and profitability says being the biggest…

Explorer Tullow Oil said today its Hyedua-2 well offshore Ghana flowed at a rate of 16,750 barrels of crude a day, confirming “good reservoir connectivity and very high productivity”. Tests have indicated “that future production well…

Two members of the Industrial and Commercial Workers Union (ICU) have taken the organization to court. The two Dave Agbenu of the New Times Corporation and George Amanor of Poly Group Ltd., go to court Monday morning January 12, 2009 to…

Typically, when the loaded welterweight division is spoken of, the only names at the center of the talks are Antonio Margarito and Miguel Cotto. If that conversation happens to evolve, talks may then gravitate toward rising star Andre…

Mr Tsatsu Tsikata, former Chief Executive of the Ghana National Petroleum Corporation (GNPC), who was unconditionally pardoned by former President J.A. Kufuor on his last day in office, has rejected the pardon and insisted that he will…

A 31-year-old man who jumped from the first floor of the Departure Hall of the Kotoka International Airport (KIA) on August 30, 2008 to avoid arrest on suspicion of carrying narcotic drugs, has escaped from the 37 Military Hospital where he…

Emancipation Day celebration which was celebrated in 2008 on the theme “Emancipation: Our Heritage, Our Strength” is an annual event celebrated in Ghana, the Black Star of Africa and the gateway to the Homeland of people of African…

The World Bank on Sunday said it plans to publish in the future the names of all companies it bans from doing work with the poverty-fighting institution, and immediately listed three Indian companies. The Bank said the move aligns its…

A Ghanaian man arrested while working illegally in a factory in South Korea has been released from jail because of his deteriorating health after two years in detention. The Korea Times reports that apart from the Ghanaian, there are…