Ghana lost the position to South Africa in 2021 after a drastic fall in output.

Kouroussa, Hummingbird’s second operating mine in Africa, will ramp up to commercial production during the second half of 2023.

The operations were suspended in response to a labor strike notice.

This graphic explores the relationship between gold price and the U.S. national debt.

Increased demand from both central banks and investors provides further confirmation that precious metals, in particular gold, are the commodities to look at in 2023.

In February, Lykos Metals said it had found significant quantities of gold at the Otomalj location of its Sinjakovo project.

Copper mining company profits topped $100 billion two years in a row, but building a new mine now takes on average 16 years.

Latest data suggests that the US labour market was slowing amid mounting risks of a recession.