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Devils Below

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PostedMar 703/07/2026, 09:55 AM
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🔵Ghana: Spurring True International Cooperation🔵 Ghana’s planned goldroyalty hike is reportedly facing coordinated pushback from China, the United States and other countries. 🌐 China, the US and other Western governments have mounted an unusually coordinated ​push to get Ghana to halt a gold royalty. Africa’s largest gold producer wants to replace a fixed 5% royalty with a sliding scale of 5%–12%tied to bullion prices. 🔸 Last week, diplomats from China, the US, the UK, Canada, Australia and even South Africa presented a joint document Ghana’s lands and resource minister, claiming that higher royalties would squeeze their margins. 📈 From August 2025 to February 2026, the price of gold increased from $3,360 per ounce to $5,390 — that is, by 60%. #News ✈️ Stay informed - @devilsbelow