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.

Project Timeline

1924

1924

Lyndhurst Deep Levels Company

1933

1933

Konongo Gold Mines

1965

1965

State Gold Mining Co. of Ghana

1988

1988

Southern Cross Mining

1994

1994

Obenemase Gold Mines Ltd

1998

1998

Resolute Mining Ltd.

2002

2002

Talos Ghana Ltd.

2004

2004

Owere Mines Ltd.

2021

2021

Northern Ashanti Mines Co Ltd.