About Nguvu Mining

Nguvu Mining Limited was started by Angela List, a Ghanaian with over 25 years of experience in the mining industry, mainly in mining services. The first acquisition of an operating mine was Adamus Resources Limited in Ghana, from Endeavour mining in the last quarter of 2016.

In 2018, Nguvu acquired Segala Mining SA in Mali from Endeavour mining. The group further acquired 80% of Samira Hill SA, a mine in Niger, formerly owned by SEMAFO Inc, from the government of Niger in 2019. This was followed by the acquisition of Northern Ashanti Mines Company Limited, formerly Owere mines, Ghana in 2020.

In 2021 Nguvu acquired Poura Resources Limited in Burkina Faso from Newmont in 2021 which is in advanced stage and expects that to go into production by the close of 2025. Other assets in the group include exploration licenses in Ghana, Cote d’Ivoire and Liberia.

Nguvu currently recovers, produces and sells around 250,000 Oz of gold on an annual basis. This production is expected to increase further from current operations and new developments. 

Nguvu currently employs over 3,400 employees, 90% of which are locally employed with 10% being female.

Vision, Mission & Values

  • To be an independent mid-size African gold producer, producing over 500koz/a by 2025 with a 10% annual growth, through optimization, exploration and acquisition.
  • To rejuvenate, expand and operate medium size mining assets in Africa.
  • To continue undertaking brownfield and greenfield exploration.
  • To prioritize the use and input of local and regional resources.
  • To work in harmony with stakeholders, especially host communities, demonstrating outstanding corporate citizenship.
  • Integrity
  • Teamwork
  • Duty of care
  • Commitment and accountability
  • Respect and fairness

Nguvu Mining Limited Milestones