Browsing Tag
Ghana
42 posts
Perseus Mining cash reaches $1bn as Nyanzaga nears production and reserves climb to 7 million ounces
Perseus Mining FY26 profit hit US$480.5M as cash flow surged, dividends rose 87% and gold reserves jumped 40% to 7 million ounces.
Petrobras (NYSE: PBR) targets four Ghana blocks as African exploration push widens
Petrobras has entered direct negotiations for four offshore exploration blocks in Ghana’s Keta Basin, extending an African frontier strategy designed to replenish oil and gas reserves beyond Brazil.
Asante Gold cuts $50m of spending as Bibiani higher-grade ore becomes key to 2026 guidance
Asante Gold revenue surged 124% to $544M, but high costs and a $218M working-capital deficit make its H2 turnaround crucial.
Cassius Mining’s (ASX: CMD) A$2m placement buys time, but Soalara now needs to deliver
Cassius Mining Limited has raised A$2.025 million through a discounted placement as it seeks to advance its Soalara Limestone Project in Madagascar while continuing international arbitration proceedings against the Government of Ghana. The financing gives the ASX-listed explorer additional liquidity only weeks after it reported less than one quarter of estimated funding at its June-quarter spending rate, but it also materially expands the company’s equity base and potentially adds another large block of options.
Kosmos Energy cuts net debt by $419m as LNG and Jubilee output rise
Kosmos Energy lifted production and cut net debt, but equity issuance, asset sales and expensive refinancing drove part of the improvement.
South Africa anti-migrant protesters raid homes as Johannesburg door-to-door campaign hardens
Anti-migrant groups are moving from marches to forced home searches in Johannesburg, deepening fear among foreign nationals and raising pressure on Cyril Ramaphosa’s government to stop vigilante immigration enforcement.
Tullow Oil (LSE: TLW) has refinanced, but can cash flow finally outrun debt?
Tullow Oil escaped its 2026 maturity wall, but debt still towers over equity. August results will test whether cash flow can close the gap.
Ghana delays South Africa talks as anti-migrant violence strains African diplomacy
Ghana’s decision to postpone high-level meetings with South Africa has turned a domestic wave of anti-migrant unrest into a regional diplomatic test for Cyril Ramaphosa and John Dramani Mahama.
GoldStone Resources (AIM: GRL) shares jump as Persistence Gold takes 21% stake in AIM miner
GoldStone Resources shares jumped after Persistence Gold took a 21% stake. Find out how the £3.5m raise changes its Ghana gold strategy.
FIFA World Cup 2026: Arias sends Colombia past Ghana 1-0 into Switzerland clash
Jhon Arias scored as Colombia beat Ghana 1-0 at FIFA World Cup 2026, reaching the Round of 16 against Switzerland after a controlled Kansas City win.