Ghana opens its largest single gold mine
Ghana has commissioned its largest single gold mine in a historic milestone.
The mine, established by Chinese-owned company Shandong Gold through its subsidiary Cardinal Namdini Gold Limited, is located in the Talensi District of the Upper East Region.
The open-pit mine is expected to operate for 15 years, producing around five million ounces of gold from 150 million tonnes of ore.
This new project marks the first major gold mine in northern Ghana, a greenfield site, following Newmont’s Akyem mine, which began in 2013.
Speaking at the inauguration, President Nana Akufo-Addo said the project highlights the potential of large-scale mineral exploration in the northern sector of the country.
“It is investment in exploration, that led to the construction of this mine, which we are told today, will become the third largest mine in the country, and one of the largest single stream gold mines in West Africa,” he was quoted.
The president expressed confidence that the mine would boost investment opportunities and significantly contribute to the economy.
He was also hopeful it would generate employment for the local community.
