The Deputy Minister for Lands and Natural Resources, responsible for Mines, Hon. George Mireku Duker has disclosed that Ghana's newly constructed Gold Refinery, Royal Gold Ghana is set and ready to be Commissioned latest by August 2022 by the President of the Republic, Nana Addo Dankwa Akufo-Addo.
The Ghana High Commission in Pretoria, South Africa represents the Republic of Ghana, its interests, citizens and nationals in South Africa, Lesotho, Mauritius, Seychelles & Swaziland that wish to travel to Ghana or need consular assistance from the Mission. Useful Links. Home; The High Commissioner;
Precious Minerals Marketing Company (PMMC) Ltd was established in 1963 as Ghana Diamond Marketing Board charged with the sole responsibility of the purchase and marketing of Ghana's diamonds. In 1965, by Legislative Instrument (LI) 401, the Company was incorporated as a State-Owned Enterprise (SOE).
A legal practitioner by profession, who has been appointed the new Managing Director of the Precious Minerals Marketing Company (PMMC), Nana Akwasi Awuah, has indicated his desire to collaborate with the Board to …
By March, more than 60,000 ounces of gold valued at over $97m had been purchased from local mines, but the PMMC is targeting at least 160,000 ounces of gold, valued around $300m per month, which could help purchase about 50% of the country's monthly oil demand.
The Precious Minerals Marketing Company (PMMC) LTD. is mandated by law in Ghana to perform the following functions: Grade, assay, value, and process precious minerals; Buy and sell precious minerals; Perform any functions conferred upon it by the diamond decree, 1972 (n.r.c.d.32);
As Ghana positions itself as the preeminent mining hub of Africa, the Precious Minerals Marketing Company (PMMC) is undertaking strategic initiatives to elevate its stature on the global stage. By…
The Precious Minerals Marketing Company (PMMC) is taking steps to promote Ghanaian jewellery in the international market. Nana Akwasi Awuah, Managing Director of PMMC, said the Company had ...
Gold is a precious metal of high monetary value, sought after for producing coins, jewellery and other artifacts. Ghana is a major producer and exporter of gold as a major foreign exchange earner for its socio-economic development. Between 1989 to 2019, Ghana has produced over 1,290,000 ounces of gold, valued over $720.35 million.
Three years ago in 2019, Ghana became the largest gold producer in Africa, toppling South Africa, data released by the World Bank showed. According to the data Ghana exported 158 tonnes of gold in 2018, about 15 per cent increase over the previous year, and as a result went ahead of South Africa, which produced 139.3 tonnes.
Precious Minerals Marketing Company (PMMC) Ltd was established in 1963 as Ghana Diamond Marketing Board charged with the sole responsibility of the purchase and marketing of Ghana's diamonds. In 1965, by Legislative Instrument (LI) 401, the Company was incorporated as a State-Owned Enterprise (SOE).
Ghana-South Africa Trade: In 2022, Ghana exported $124M to South Africa. The main products that Ghana exported to South Africa were Crude Petroleum ($108M), Scrap Copper ($5M), and Rubber ($2.5M). Over the past 5 years the exports of Ghana to South Africa have decreased at an annualized rate of 33%, from $919M in 2017 to $124M in …
The project which commenced in 2018 at an estimated cost of approximately $20million is a joint venture partnership between the national assayer of gold, Precious Minerals Marketing Company (PMMC) Limited and Rosy Royal limited, an Indian company.
You may also like: Gold Mining in south Africa. 2. ACCRA, GHANA. Ghana is the second-largest gold producer in Africa, with gold contributing significantly to the country's economy. Accra, the capital city, is a gold trading hub, and it's home to several gold markets, including the famous Adabraka Market. ... Gold dealers such as PMMC ...
Accra Central, Diamond House, Kinbu Road. +233 030 295 3279; 030 295 3284. [email protected]; [email protected] . Digital Address: GA-143-2548
Daily updates of gold rates for Ounce 24K in South Africa. Historical Ounce 24K gold rates and charts in South Africa. Gold Price. ... We are a reputable mining firm based in Ghana. We are looking for foreign based Buyers of AU Gold with an international standard trade procedure through PMMC Ghana. We give very competitive discount …
– Ghana Kimberly Process Certificate – Airway bill – Invoice indicating quantity in carats and value in both US Dollars and Ghana Cedi – Bank of Ghana and Customs Export documents 14. PMMC will be responsible …
Precious Minerals Marketing Company (PMMC) is the authorised body, legally permitted to grade, assay, value, process buy and sell precious minerals and to license agents in Ghana. PMMC has extensive expertise and state of the art technology in determining the purity of gold, diamond and other precious metals.
PMMC is the legal body to grade, assay, value, process, buy and sell gold, diamond and other precious metals in Ghana. It also licenses agents and has 58+ years of experience and state of the art technology.
The Precious Minerals Marketing Company (PMMC) is taking steps to promote Ghanaian jewellery in the international market. Nana Akwasi Awuah, Managing Director of PMMC, said the Company had invested in a 3D printer and software that designs, prints and was used to create sophisticated jewellery for both the Ghanaian and the …
Kumasi, Feb . 15, GNA - The Precious Minerals Marketing Company (PMMC) on Saturday opened its new shop at Adum, the hub of economic activities in Kumasi with a renewed call on Ghanaians to patronise made-in-Ghana goods .
The management of the Precious Minerals Marketing Company Ltd. (PMMC) says after successfully installing the needed equipment at its new laboratory, officially commenced the official examination, determination and analysis popularly known as assaying of all gold for export by both the small and large-scale miners in the country …
Nana Akwasi Awuah shares his assessment of the precious metals and minerals sector in Ghana and gives an overview of PMMC, the authorised body, legally permitted to grade, assay, value, process, buy and sell precious minerals and to license agents in Ghana. The Precious Minerals Marketing Company has extensive expertise …
According to the Ghana Chamber of Mines in a published article; '2019 Mining Industry Statistics and Data ', Ghana maintained its position as the leading producer of gold in Africa and the eighth-largest producer in the world in 2019. Producing about three million ounces of gold in 2019.
Key learnings: PMMC Meter Definition: A PMMC meter (also known as a D'Arsonval meter or galvanometer) is defined as a device that measures the current through a coil by observing the coil's angular deflection in a uniform magnetic field.; Working Principle: A PMMC meter uses Faraday's Laws of electromagnetic induction, where a …
The Precious Minerals Marketing Company (PMMC) has advised the general public to be cautious of ongoing gold scam schemes by some dubious individuals.
In recent times, Ghana was ranked as the largest producer of gold outranking South Africa. Despite these laurels, Ghana cannot boast of a functional gold refinery except for the abandoned dilapidated structure in Tarkwa where Ghana's first President, Kwame Nkrumah attempted to establish one.
Bank of Ghana; ZAR South African Rand Country South Africa Region Africa Sub-Unit 1 Rand = 100 cents Symbol R. The rand was introduced in 1961 and takes its name from the Witwatersrand, the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. The Rand circulates freely in Namibia, …
The Minister of Lands and Natural Resources, Alhaji Inusah Fuseini, has urged the Precious Minerals Marketing Company (PMMC) to use its expertise to increase the profit margin of the company by embarking on innovative areas to add value to other precious minerals as well as gold and diamond .