Connect with us

News

48 illegal miners trapped in AngloGold mine shaft arrested

Published

on

The police have arrested 48 illegal miners following their emergence from a mine shaft belonging to AngloGold Ashanti on Tuesday afternoon.

These individuals were part of a group of 300 illegal miners who had entered the mine shaft in search of gold deposits but became trapped in one of the shafts.

The police and military were deployed at the main exit of the shaft and instructed the miners to come out voluntarily. Subsequently, they were arrested and taken to a nearby police station.

In response to the arrests, a gathering of youth and relatives of the miners assembled at the Obuasi East District Assembly, demanding the release of the detainees.

The tense situation led to some individuals expressing their frustration by damaging the windows of a vehicle used to transport the arrested miners to the police station.

A significant number of miners have chosen to remain underground out of fear of being arrested.

On Tuesday, AngloGold Ashanti refuted suggestions that the over 300 illegal miners trapped in one of the company’s mine shafts were confined and unable to exit.

In a statement from the mining firm, it was explained that the trapped miners have not been confined and can exit on foot via the existing ramp from the mine.

“Unauthorized persons underground are able to exit on foot, using the existing ramp through the main access of this mining area. No person underground has been confined in any way, and the main exit ramp from the mine remains open.

“Obuasi Gold Mine’s management team has notified the relevant authorities and public security services and is working closely with them.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Companies fleeing Ghana due to economic mismanagement under Akufo-Addo – Mahama

Published

on

The presidential candidate of the opposition National Democratic Congress (NDC), John Dramani Mahama, says many companies in Ghana are relocating to neighbouring countries due to the worsening economic situation under the Akufo-Addo-led government.

He explained that the current economic climate is stifling business operations, pushing many companies to seek better opportunities in neighboring nations.

Mr Mahama further expressed concern that the youth no longer see a promising future in Ghana because of what he described as the government’s mismanagement of the economy.

Speaking during his meeting with the clergy in Accra on Tuesday, October 1, 2024, the former President emphasised the urgent need to rescue the nation from its current economic challenges, pledging that his leadership would manage the country’s resources efficiently.

Mr. Mahama also vowed to work tirelessly with his team to restore the economy for the benefit of all Ghanaians.

Continue Reading

News

T-bills auction: Government records marginal oversubscription; pays slightly more for 91-day bill

Published

on

For the first time in 10 weeks, the government recorded an oversubscription of its treasury bills sale.

However, it paid a higher price for the 91-day bill which it received bids worth GH¢4.689 billion before achieving its target. 

According to auction results from the Bank of Ghana, the government got GH¢5.529 billion from all the bids tendered, about 2.40% more than the target.ed amount

All the bids were accordingly accepted.

The 91-day bill received the bulk of the bids of GH¢4.689 billion, about 84% of the total bids.

About GH¢594 million of the bids came from the 182-day bill, whilst GH¢245.74 million were made up of the 364-day bills.

Meanwhile, interest rates were mixed across the yield curve.

Whilst the yield on the 91-day bill went up marginally that of the 182-day and 364-day bills declined slightly.

The yield on the 91-day bill was 24.91%, higher than the 24.90% recorded a week ago.

The rate on the 182-day bill went down by 2.0 basis points to 26.78%, whereas that of the 364-day bill also declined to 28.07%, from the previous week’s 27.91%.

Inflation eased marginally last week. This could push interest rates down but albeit slowly.

SECURITIESBIDS TENDERED (GH¢)BIDS ACCEPTED (GH¢)
91 Day Bill4.689 billion4.689 billion
182 Day Bill594.37 million594.37 million
364 Day Bill245.74 million245.74 million
   
Total5.529 billion5.529 billion
Target5.400 billion 

Continue Reading

News

Ablakwa slams govt for failing to aid Akosombo Dam victims

Published

on

Samuel Okudzeto Ablakwa, Member of Parliament for North Tongu, has expressed outrage over the government’s prolonged failure to assist individuals affected by the Akosombo Dam spillage.

Despite the disaster occurring almost a year ago, many affected persons remain in camps without receiving compensation or necessary support to resume their lives.

Addressing a stakeholder public hearing, Ablakwa revealed that over 1,300 affected persons still live in camps, criticising the government’s approach as inadequate.

He highlighted the government’s inter-ministerial committee’s failure to engage with MPs from impacted areas, despite being established to address the issue.

“You heard the government set up a 30-member committee. We are the inter-ministerial committee. To be very honest with you, we are very disappointed that that committee has not met us even once. I mean, a lot of the members, we are in parliament with them. I would have thought that even if it’s parliament, we can meet here.”

“We can even meet at the cafeteria, even over coffee that, oh, share data with us or tell us what is happening. You know, not one meeting, not so, we don’t know if it was just maybe an announcement for the public for some cosmetic reason, but we don’t know.

The chiefs time without a number, they will even call us. You are in parliament with them. When is the committee coming? and we can’t provide answers because we are not, we haven’t been engaged.”

Continue Reading

Trending