Latest news with #goldproducer
Bloomberg
07-07-2025
- Business
- Bloomberg
Ghana Unlocks $367 Million Disbursement From IMF After Review
Ghana will receive another $367 million disbursement from the International Monetary Fund after passing the fourth review of its $3 billion program with the Washington-based lender. The IMF's Executive Board said on Monday that it had approved a staff-level agreement reached with Africa's top gold producer in April, paving the way for this fresh installment. This brings the total funding from the IMF since Ghana's extended credit facility started in May 2023 to about $2.3 billion, it said.
The Standard
27-06-2025
- Business
- The Standard
Zijin Mining shares jump following spin-off report to raise up to US$2b
The company logo of Zijin Mining Group Co Ltd, China's biggest listed gold producer, is displayed at a news conference following its annual results in Hong Kong, China March 29, 2016. REUTERS
Bloomberg
09-05-2025
- Business
- Bloomberg
Ghana's Credit Rating Raised by S&P After Spending Cut Plans
Ghana's credit rating was raised by S&P Global Ratings after the new administration unveiled plans to rein in spending as the West African nation recovers from a painful debt restructuring. The credit assessor upgraded the long-term foreign-debt rating of Africa's top gold producer to CCC from SD, or selective default. The outlook was set at stable.
