Lands minister holds talks with CSOs to polish Ghana’s lithium agreement

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• ST GHFUO: gh leaders don't have sense 1 day ago

  Was this at the angehill hotel? No comment

  Was this at the angehill hotel? No comment

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• Aba Afful 1 day ago

  Unfortunate the hell we put through an investor

  Unfortunate the hell we put through an investor

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• International investor 1 day ago

  When will the someone call out the untruths told to the committee held on Thursday (11 Dec.)? US$172bn?! Assuming 3.6m tonnes of SC6 over the mine life, as reported by the company in their definitive feasibility study, and co ...
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  When will the someone call out the untruths told to the committee held on Thursday (11 Dec.)? US$172bn?! Assuming 3.6m tonnes of SC6 over the mine life, as reported by the company in their definitive feasibility study, and convert to Lithium Carbonate ("LCE") at 1:5.3 gives 680k tonnes of LCE equivalent. IF applying a price of US$80,000/tonne (which was the peak of the last cycle, currently LCE is US$14,000/tonne) this gives c. US$54bn (US$9.5bn if using today's price) and that's before the costs of mining, concentrating and refining to LCE, not to mention the capital costs of the mine and refinery. So US$172bn is not correct.

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• International investor 1 day ago

  Also, Ghana (through MIIF) has NOT paid over US$30m to Atlantic Lithium. Presently, there is a 'non-binding' agreement for MIIF to buy 6% of the project for US$27.9m but this has not transacted. INSTEAD, MIIF has only bought ...
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  Also, Ghana (through MIIF) has NOT paid over US$30m to Atlantic Lithium. Presently, there is a 'non-binding' agreement for MIIF to buy 6% of the project for US$27.9m but this has not transacted. INSTEAD, MIIF has only bought 3.06% of Atlantic's share for US$5m presently.

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• International investor 1 day ago

  Mum and Dad investors (retail investors) in Atlantic Lithium are watching the public discourse evolve with our heads in our hands. Some of the information flying about, being quoted as 'facts' is far from that. It's importan ...
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  Mum and Dad investors (retail investors) in Atlantic Lithium are watching the public discourse evolve with our heads in our hands. Some of the information flying about, being quoted as 'facts' is far from that. It's important that the Ghanaian media are holding people to account and that the good people of Ghana are not having decisions taken in their interest on the basis of misinformation...

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• Ben Erskine 13 hours ago

  Indecision by politicians costing the country We have not seen anything about the Black Volta project by Azumah Resources .A foreign company invested lots of money exploring frustrated and people losing jobs and economy affec ...
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  Indecision by politicians costing the country We have not seen anything about the Black Volta project by Azumah Resources .A foreign company invested lots of money exploring frustrated and people losing jobs and economy affected
  I don't think Gold projects which are more profitable at the moment are hindered like that but politicians and interest groups
  We watching Black Volta Damang and Heath Goldfields if the right thing is done.
  This project was supposed to be approved late 2024 and one year on still waiting.
  Central Region taken for a ride .
  Construction transfer of skills needed if project goes ahead Government must make a decision.
  If no project close shop and fire all employees.Time waits for no one.
  Is that how we reset an economy?

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• Jacob 8 hours ago

  My question about this Lithium- and all other minerals- how much are we Ghanaians willing to INVEST in the venture. Are we just juggling the old formula to make it look better?? Until the local chiefs, business houses and the ...
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  My question about this Lithium- and all other minerals- how much are we Ghanaians willing to INVEST in the venture. Are we just juggling the old formula to make it look better?? Until the local chiefs, business houses and the State state clearly that they want to INVEST and be CO-OWNERS, all the hullaballo is not different from whar our forebears GAVE AWAY many years ago !!!!!

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• International investor 8 hours ago

  Willingness to INVEST is one thing. Being willing to INVEST and TAKE RISK early in the process (i.e. at exploration) is another. The laws were written to entice companies to invest in exploration with a pathway through licens ...
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  Willingness to INVEST is one thing. Being willing to INVEST and TAKE RISK early in the process (i.e. at exploration) is another. The laws were written to entice companies to invest in exploration with a pathway through licensing and leasing to then extraction - to reward them for the RISK taken. Ghana HAD a mandated ownership and royalties scheme at the point of granting the lease. Credit in this regard also goes to MIIF who were willing to INVEST for an additional stake in the project and company. Changing the rules of the game now, after the company has taken the risk, really paints Ghana in a bad light. Furthermore, investing now should result in a lower stake than if the investment had been made earlier when the risk was higher; otherwise the risk/return metric for companies will not be attractive and the minerals really will be left in the ground, to no one's benefit.

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• Anum 6 hours ago

  Karma is always there.Minister lambasted Akuffo Addi in his last SONA Common agreement after most of hard work has been done he has failed
  .
  Delayed Lithium lease
  No progress on Galamsey
  Bogoso Prestea Heath Goldfields ...
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  Karma is always there.Minister lambasted Akuffo Addi in his last SONA Common agreement after most of hard work has been done he has failed
  .
  Delayed Lithium lease
  No progress on Galamsey
  Bogoso Prestea Heath Goldfields shambles we are waiting for his 120 day notice report
  
  Just riding on high Gold prices and giving concessions Azumah Damang to NDC people
  We watching you
  I blame the Central Region people for allowing politicians to derail the project.

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