Ghana, Africa's second-largest gold producer, ordered large mining companies to sell 20% of the metal they refine to the nation's central bank, ...
Cnooc Ltd., China's largest offshore oil producer, and Ghana National Petroleum Corp. made a $5-billion bid to buy Kosmos Energy LLC's assets in the West ...
Ghana's government is planning a new policy where gold rather than US dollar reserves will be used to buy oil products.
The move is meant to tackle dwindling foreign currency reserves coupled with demand for US dollars by oil importers, which is weakening the local cedi and ...