Introduction
Northern Ashanti Mines (Konongo Gold Mine) is located around 150 km from Accra, Ghana and is currently under re-development.
The project comprises two leases totalling 195 km², over 12km of mineralized strike length and sixteen known gold deposits.
The Northern Ashanti project has a huge untapped surface and underground potential.
Nguvu Mining Limited acquired the mine in 2021. The initial required investment to facilitate mining and processing is around USD 80 million.
Small-scale production is set to restart in 2022.