Audio By Carbonatix
Precious Minerals and Marketing Company, PMMC is strategizing to attract private investments into its operations.
This comes after the company wholly owned by government recorded a loss of nearly 50 percent last year due to fluctuations in the world market price of gold.
Despite declaring a dividend of 500 thousand cedis to government, managers are exploring various recapitalization options including listing on the Ghana Stock Exchange.
A Director, Mike Ezan tells JOY BUSINESS, government would however have the final say.
He adds steps are also being taken to boost the company’s profits from minerals production.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Damang takeover: There is not going to be any job loss; it is a lease change – Bobby Banson
4 minutes -
Gold Fields didn’t stop mining at Damang mines; such claims are untrue – Bobby Banson
7 minutes -
Engineers and Planners currently operate only in Ghana – Bright Simons
24 minutes -
Lands Minister has no legal basis to restrict lease to Ghanaian firms – Bright Simons
29 minutes -
Gov’t’s refusal to renew Gold Fields’ lease was simply untenable – Bright Simons
32 minutes -
SOS Children’s Villages Ghana deepens partnership with Gender Ministry
49 minutes -
Gender Ministry celebrates Christina Koch, reaffirms commitment to empowering girls
1 hour -
Live stream: Newsfile digs into E&P’s takeover of Damang Mines, OSP powers and Anti-LGBTQ Bill
1 hour -
Moody’s maintains Ghana’s rating at Caa1, revises outlook to positive
2 hours -
Zambia elevates tourism education to national priority as President Hichilema backs continental summit
3 hours -
Activa promotes credit insurance to boost SME export growth
3 hours -
ILTM Africa 2026 opens doors to inbound and outbound luxury travel in Cape TownÂ
3 hours -
“BP Soul Travel and Tours scored the highest marks” – Sports Minister Kofi Adams endorses agency for World Cup travel
3 hours -
‘At the age of 12, I was teaching people and collecting money from them’ – Forty Under 40 Awards
4 hours -
I broke my virginity at the age of 26 after university – Richard Abbey Jnr.
5 hours