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Ghana to launch 'monster mines' to boost gold production
By Maxwell Akalaare Adombila
Reuters
Thursday, August 29, 2024
ACCRA, Ghana -- Africa's top gold producer, Ghana, will commission its first large-scale greenfield mine in more than a decade in November, with expected annual production of more than 350,000 ounces, the head of its mining sector regulator told Reuters.
The Cardinal Namdini mine is owned by Cardinal Resources, a unit of Shandong Gold, which received a licence for the facility in 2020.
Ghana, the world's No. 2 two cocoa producer, has seen gold exploration slump over the past decade, limiting new projects and lowering output from big miners. ...
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