Indigenous mining firm Daman Gold Mine Restricted has made new investments price $250 million in a serious fleet of mining gear for its operations.
The convoy, which is at present being transported from Accra to Daman, consists of assorted giant machines.
Gear consists of Liebherr excavators, 30 Triple 777 dump vans and 15 Caterpillar 395 excavators, with extra machines to be added to the fleet within the coming months.
This funding is predicted to considerably strengthen mining operations by growing manufacturing capability, enhancing operational effectivity, creating employment alternatives and deepening Ghana’s participation in large-scale mining.
This is among the largest latest acquisitions of mining gear by a wholly-owned Ghanaian firm within the Ghanaian mining business.
The Daman Mine was beforehand operated by Gold Fields Ghana Restricted and was formally handed over to Engineers and Planners Restricted after the corporate acquired the concession.
Earlier, Chief Government Officer of Engineers and Planners, Ibrahim Mahama, highlighted the corporate’s 30-year affiliation with the Daman mine and pledged main investments to profit the encircling group.
“If all of us work collectively, I feel it is a success story. And my plans for the Daman mine aren’t any joke. I simply need to show that we will spend money on ourselves on this nation,” he mentioned.
Mr Mahama additionally outlined bold infrastructure plans, together with constructing a concrete highway between Daman and Cape Coast inside two years and creating an airport inside six months.
