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23.10.2008 Business & Finance

Chirano Mine in invest 80 million dollars this year

By gna

Chirano Gold Mine, a Canadian mining firm in the Western Region, is to invest over 80 million dollars this year in Ghana to undertake underground mining and expansion of its processing plant capacity.

The expansion programme would increase the company's annual production from 130,000 ounces per year to 250,000.

Mr John Seaward, General Manager of Chirano Gold Mine announced this at a ceremony last week to introduce its underground mine at Akwaaba in the Western Region.

He said the development of the underground mine opened up yet another million ounces of deposits, which would be worked for a period of eight years with a peak of 100,000 tonnes a month.

Mr Peter Amponsah-Mensah, Mining Manager of Chirano Gold Mine, expressed gratitude to the workers and contractors for their co-operation towards the successful execution of the project and was optimistic that it had a brighter future.

He assured that management-worker relationship would be further strengthened with the opening of the mine.

Mr Amponsah-Mensah called on workers to adhere strictly to safety rules and regulations at the mine site.