Gold-mining in Northern Ghana: an update. Archie Koimtsidis Chief Executive Officer / Managing Director, Cardinal Resources

Jun 11, 03:41 AM
Photo: An image of an Ashanti home from the 18th century.
Yellowfiver at English Wikipedia - Transferred from en.wikipedia to Commons by Dmitri Lytov using CommonsHelper.

A British officer pictured with traditional Ashanti family dwelling. Architecture was typical of the Ashanti during the 18 to early 19th centuries.


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Gold-mining in Northern Ghana: an update. Archie Koimtsidis Chief Executive Officer / Managing Director, Cardinal Resources

https://www.cardinalresources.com.au/cardinals-ghana-projects/

EXPLORATION AND MINING IN GHANA

Ghana has a low sovereign risk rating and has enjoyed over 20 years of continuous democratic rule. It is one of the most developed and affluent countries in Africa, with a well-developed Mining Code, infrastructure and a population with the technical skills to support modern mining projects.

Political stability in Ghana has made the country one of the most attractive new mining investment areas in Africa. After South Africa, Ghana is Africa’s second-largest gold producer. Large industry players such as Newmont Mining Corporation, AngloGold Ashanti and Kinross, have been joined by smaller companies including Randgold Resources, Keegan Resources, Golden Star Resources, PMI Gold Corp, Perseus Mining, Azumah Resources and African Gold Group, as well as individual and local artisanal miners.

Many industry participants see potential for the discovery of further significant deposits in Ghana as large parts of the country, particularly in the north east region, remain relatively under-explored.