Energy and Extractives

Finance Minister Dr Cassiel Ato Forson said the payment, equivalent to about GH¢391.2 million, reflected improved profitability by Perseus Mining (Ghana) Limited.

Ghana fuel prices are expected to rise from September 1, 2026, with petrol projected at GH¢16.39 and diesel at GH¢17.60 despite a stronger cedi.

The National Petroleum Authority recorded stronger financial performance in 2025, with revenue rising 43.09% to GH¢819.50 million and surplus climbing 75.89% to GH¢447.19 million.

COPEC projects marginal increases in petrol, diesel and LPG prices from September 1, 2026, despite a stronger cedi and slightly lower crude oil prices.

President Donald Trump says the United States has reached an agreement with Venezuela giving US interests majority control over more than 65 billion barrels of proven oil reserves.

Ghana Chamber of Mines CEO Dr Ken Ashigbey is urging government to reduce taxes, power costs and other pressures affecting local gold refining as Ghana expands mineral value addition.

Ghana’s small scale miners have backed GoldBod’s local refining policy, arguing that higher operating costs should be weighed against jobs, value addition and wider economic benefits.

Ghana’s Finance Minister Cassiel Ato Forson says Africa’s industrialisation drive will struggle unless the continent fixes costly energy, weak utilities and macroeconomic risks that deter investment.

Finance Minister Cassiel Ato Forson says Africa’s battery industry will struggle without macroeconomic stability, local value addition, affordable energy and deeper regional integration.

Gold Fields’ Tarkwa mine generated US$278.5 million in adjusted free cash flow in the first half of 2026 as Ghana negotiates renewal of mining leases expiring in April 2027.

GoldBod CEO Sammy Gyamfi says the state gold trader has shifted gold purchases from the forex bureau rate to the interbank exchange rate, less 10 pesewas.