Ghana mining firms ordered to sell 20% of gold stocks to central bank

Picture: SUPPLIED

The move is part of measures to operationalise a government plan to use gold to buy oil-products announced on Thursday by Bawumia. It is meant to tackle dwindling foreign currency reserves. All community mining schemes and licensed small-scale miners will also have to sell their gold to the government through PMMC from the same date onwards. This will be mandated by a clause in their licenses, he said.

However, Bank of Ghana communications officer Sam Opoku told Reuters he could not confirm or deny whether Bawumia’s order was being considered.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Ghana mining firms ordered to sell 20% of gold stocks to central bankThe move is part of measures to operationalise a government plan to use gold to buy oil products announced on Thursday by the president
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »