BusinessNews UpdatesPoliticsTrending News

GoldBod enters GHC27.5m partnership with GGSA to advance sustainable mining

The Ghana Gold Board (GoldBod) has engaged the Ghana Geological Survey Authority (GGSA) to undertake geological investigations in the Funsi, Atuna, and Bensere East areas.

According to a communiqué issued by the Chief Executive Officer of GoldBod, Sammy Gyamfi, the agreement represents the first phase of the partnership.

The statement noted that the initiative underscores the Board’s commitment to promoting data-driven mining practices aimed at protecting the environment.

“This marks a significant step by GoldBod in advancing responsible and data-driven mining in Ghana,” the communiqué stated.

Under the terms of the agreement, the first phase of the project to be undertaken by the GGSA will span four months and is expected to cost the state GHC27.5 million.

The statement further indicated that the three designated mineralised zones form part of 20 areas allocated to GoldBod by the Minerals Commission of Ghana.

Find below the full communique issued by the GoldBod CEO:

GOLDBOD SIGNS AGREEMENT WITH GHANA GEOLOGICAL SURVEY AUTHORITY (GGSA) FOR GEOLOGICAL INVESTIGATIONS IN RESPECT OF MINERALIZED BLOCKED-OUT AREAS IN FUNSI, ATUNA AND BENSERE EAST

The GoldBod has today signed an agreement with the Ghana Geological Survey Authority (GGSA) to conduct geological investigations in Funsi, Atuna and Bensere East areas (Phase 1).

This is a major step by the GoldBod towards supporting responsible and data-driven mining in Ghana.

The project is aimed at generating credible geological data for the establishment of model mines in the country.

The cost of Phase one (1) of the geological investigation services to be provided by the GGSA over a four (4) months period is GHS27.5 million.

The three (3) blocked-out mineralized areas are part of 20 areas released to the GoldBod by the Minerals Commission of Ghana.

Ghana travel guide

Through initiatives like this, the GoldBod continues to work towards promoting sustainability, while maximizing national gold output for the benefit of Ghanaians.

Related posts

Antoine Semenyo becomes the third Ghanaian to win the Premier League Player of the Month award.

Patrick Quophi Obosu

The top street style trends of spring 2018 fashion month

kdideas@outlook.com

Virginia DMV to open new Williamsburg customer service center

kdideas@outlook.com

Leave a Comment