Ghana is about to launch its biggest greenfield gold mine in a decade in November, with annual production expected to exceed 350,000 ounces,
CKNews.com has learnt from overseas media. The new mine, called Namdini, is owned by Cardinal Resources Ltd, which received its mining licence
in 2020. Since its inception in 2010, Perth, Australia-based Cardino Resources has specialised in gold exploration and development, with its core assets
comprising three gold projects in Ghana: the Namdini, Bolgatanga and Subranum projects. Of these, Namdini is the company's flagship project.
In 2020, Shandong Gold Hong Kong successfully acquired the Namdini gold project in Ghana. After competing with a number of companies, including
Russia's Nord Gold, Shandong Gold Hong Kong finally signed an agreement with Cardinal Resources for the right to mine the gold mine. This is Shandong
Gold's first mining project in West Africa, with approximately 157.2 tonnes of proven reserves and 203.1 tonnes of indicated resources, making it one
of the world's largest undeveloped gold mines, and the term of the mining right is 15 years.
Namdini Gold Mine, a major mining project in Ghana and West Africa, drilled in 2014, discovered in 2015 and drilled extensively in 2016. Kadino 2019 report,
27 month construction period, Q4 2019 start-up, mid 2022 gold production, 8.9 tonnes per annum. Ghana, Africa's richest gold country, known as the
Gold Coast’. In the first seven months of this year, 2.5 million ounces of gold were produced.Namdini is located 30 kilometres south-east of Bolgatanga
town in the Talensi District of the Upper East Province. The commissioning of the plant will boost local economic growth and create hundreds of new jobs.
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