Chinese galamsey kingpin on trial in Ghana

In Ghana, there is a trial being is monitored, scrutinised by the public opinion. It involves money, illegal gold-mining and spectacular escape.

Over social media galamsey is a highly used hashtag [Editor’s note: Galamsey is apparently derived from “gather and sell”, refers to the traditional method of mining for gold made by the first foreign big-scale miners].

Since the trial of a Chinese national known as “Aisha” Huang opened in September, many tweet about her legal setbacks and await a verdict.

She has been tagged Galamsey Queen for her notoriety in illegal mining in the country.

The accused has allegedly illegally mined gold and timber in the Ashanti region. Charges against her include involvement in mining operations, but also mineral operations and mining.

It is not the first time the businesswoman is being prosecuted in the west African nation. Five years ago, she was prosecuted for the same offence of illegal exploitation of minerals and resources.

However, she mysteriously exited the country following the initial prosecutions that were initiated in 2017 and 2018.

In 2019, the Ghanaian authorities said Aisha Huang had been repatriated, expelled even. The judiciary however cited an escape.

“Aisha” Huang is facing justice with three other accused. All 4 Chinese nationals have pleaded “not guilty to the sale of mining equipment without license”.

The accused persons were arrested upon intelligence by the National Security.

Accra Circuit Court turned down Huang’s second request for bail in late September.

Newmont shakes-up executive leadership

Newmont Corporation has announced that Nancy Buese will step down from the role of Executive Vice President and Chief Financial Officer of Newmont on November 1, as she pursues an opportunity outside of the Company. Buese will be succeeded by Brian Tabolt on an interim basis as Newmont commences a global search.

“Over the last six years, Nancy provided exemplary leadership and sound guidance to Newmont. She built a strong team committed to financial discipline and maintaining a robust balance sheet while building financial flexibility that allows for reinvestment in our business,” said Tom Palmer, Newmont President and Chief Executive Officer.

“As we look to fill this important role, our focus will be on further differentiating the strength of our Executive Leadership Team to support the next exciting chapter in Newmont’s future”.

Brian Tabolt is currently Newmont’s Vice President, Controller and Chief Accounting Officer.

He joined Newmont in 2021, bringing 20 years of financial accounting and reporting experience as well as leading high-performing teams and providing valuable financial leadership and insights.

Prior to Newmont, Brian served as Vice President, Global Controller and Chief Accounting Officer for Molson Coors Beverage Company, as well as other senior technical accounting roles. He began his career in accounting with Deloitte.

As the world’s leading gold company, Newmont has an unmatched, global portfolio of world-class operations and projects managed through an integrated operating model and a proven track record of delivering value.

In its 101styear, Newmont continues to take a balanced and disciplined approach to its management, with experienced leaders who demonstrate the depth of experience necessary to sustainably manage through the commodity cycles.