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Newmont Corp (NEM.N) on Thursday fell short of Wall Street estimates for fourth-quarter profit, as the world’s largest gold miner struggled with lower prices and increased costs. Average realized gold prices fell 2.2% to $1,758 per ounce in the quarter from a year earlier, while the all-in-sustaining cost for gold, an industry metric that reflects total expenses associated with production, rose 15% ...

Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late March 2023. This is owing to the upcoming National People’s Congress of China meeting scheduled for early March. However, the Finance Minister said bilateral talks will continue ahead of this important mission. The government is seeking under the G20 Common Framework ...

Classical western education boasts of its contribution to man’s existence, predicated on his thoughts and not limbs or material appearance. Generating, analysing, and sharing thoughts were fundamental in proving one’s existence, than the ability to occupy space and move around. It is for this singular reason that former Chief Justice, Sophia Akuffo, deserves tons of commendation for daring to exercise ...

There is a widespread shortage of some vaccines used for routine immunisation of babies from birth to at least 18 months. The situation has the potential to increase the vulnerability of children to the diseases the vaccines seek to protect them against. Under the routine vaccination programme, Bacille Calmette-Guérin (BCG), a vaccine for tuberculosis (TB) disease; oral polio vaccine 0 ...

The United Nations Resident Coordinator in Ghana, Charles Abani, has entreated the government to tackle current economic difficulties in time to save the youth from falling prey to violent crimes. He made the assertion that the economic quandary was a result of the covid-19 pandemic and the unending Russian aggression, but the government must quicken its pace toward economic recovery. ...

Former President, John Dramani Mahama has formally declared his intention to run for President in the 2024 general election on the ticket of the opposition National Democratic Congress (NDC). Mr. Mahama made the formal announcement when he met with the Minority caucus at his Cantonment office on Tuesday. All NDC MPs in Parliament have unanimously endorsed John Dramani as flagbearer. ...

A staggering 78 million girls and boys around the world today “don’t go to school at all” because of conflict, climate disasters and displacement – while tens of millions more receive only sporadic teaching – UN Secretary-General António Guterres said recently. Lending his support to a call for more funding for education in emergencies spearheaded by the UN global fund Education Cannot Wait (ECW) ...

Ghana and the United Kingdom (UK) have renewed their commitment to preserve and protect biodiversity. The two countries renewed their position at the Nature Action – Private Sector Mobilisation summit organised by the UK government in London last Friday. It was to catalyse and demonstrate the delivery of the Kunming-Montreal Global Biodiversity Framework. The Kunming-Montreal framework is a landmark international ...

The Ghana Meteorological Agency has issued a notice indicating that the dry harmattan condition in the country is expected to worsen this week. The agency in a statement noted that meteorological satellites have detected that dust lifted around Chad, Sudan, and Niger have been transported into Ghana. “This dust was transported into the country by strong winds at lower levels ...

Ghana has taken delivery of the second consignment of fuel under the gold-for-oil policy. The 40,000 metric tonnes of oil arrived at the Tema port on Sunday, February 19, 2023. This brings the total fuel received under the policy to 80,000 tonnes. The Managing Director of Bulk Oil Storage and Transportation Limited (BOST), Edwin Provencal last week revealed that Ghana ...