AGP Executive Report
Last update: 8 hours agoGhana’s Mineral Policy: President John Mahama says raw bauxite, manganese, iron and lithium exports will be phased out by 2030 to spur local processing. A separate beachfront mining licence remains suspended, not cancelled, amid environmental concerns. Lithium Exploration: Kodal can earn up to an 80% stake in Ghana’s Asamankese project; rock samples have returned grades of up to 3.02% lithium oxide, with drilling planned. Copper Supply: LS MnM is weighing output adjustments as a concentrate shortage drives treatment charges to record lows; global mine production growth is forecast at just 1.3% this year. Zinc Expansion: Vedanta’s Gamsberg Phase II has doubled the South African mine’s annual ore capacity to eight million tonnes and lifted zinc capacity to about 500,000 tonnes. Mine Technology: Exyn is part of a team selected for award negotiations under a US$29.5 million US Department of Energy programme to advance autonomous prospecting and ore discovery. Ruby Sales: Gemfields’ latest Mozambique ruby auction raised US$52 million from 90 lots, despite operational challenges that reduced the volume offered.
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