BUSINESSTHE RIO TIMES
Ghana Tells Miners to Sell 30% of Gold to Its Central Bank
Ghana requires large miners to sell 30% of their gold output to the Central Bank to build reserves, up from 20%, but the policy faces resistance from the mining industry.
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Adjacent reporting
- Ghana Seeks 30% of Large Gold Mines’ Output For Local Refineries
- Mozambique mining law looks to tighten state control
- Union Minister Kishan Reddy urges Tamil Nadu to support critical mineral projects
- A.P. reserves 33% quarry leases for Vaddera societies
- Zimbabwe Sovereign Wealth Fund Seeks $250M to Boost Gold Output
- World Gold Council says diversification driving China’s growing reserves