The Western Regional Minister Joseph Nelson described the new phase of investment as a major boost for both the region and the national economy, expressing optimism that the partne

The report indicates that the Sankofa Gold Mine in Ghana’s Western Region is entering a new phase of restructuring and investor-driven expansion, with management projecting improved output, operational stability, and a shift into rock mining as part of a broader strategic reset backed by new partners.

It further notes that the Managing Director of Sankofa Gold Mine, Alhaji Ishaq Dauda, says the company is undergoing significant operational transformation supported by renewed access to raw materials, equipment supply, and financial stability measures that have kept workers on payroll despite a prolonged production halt.

According to him, the mine has been undergoing what he described as a “resettling” process, with major restructuring underway to reposition operations.

“Ever since I came, you could see that Sankofa is taking a lot of… it’s been resettled,” he said, adding that the company is also investing in new infrastructure, including the construction of a large dam to support future mining operations.

He further stated that despite production challenges lasting about five months, workers have continued to receive salaries a move he stated reflects the company’s commitment to labour stability during the transition period.

“We have not done production, but they are being paid. They are very okay and comfortable,” he noted.

The company is now preparing to expand into rock mining, a shift expected to require additional heavy equipment and a redesign of operational systems to support hard-rock extraction.

“We are hoping to even redesign the systems that we have because our major focus is to add rock mining,” he added.

The developments come amid growing expectations in the Western Region that fresh investment partnerships will reposition Sankofa Gold Mine as a more productive asset within Ghana’s gold mining value chain.

The Western Regional Minister Joseph Nelson described the new phase of investment as a major boost for both the region and the national economy, expressing optimism that the partnership would strengthen operational sustainability and expand benefits to host communities.

He noted that sustained investor engagement is critical to ensuring that mining facilities move beyond survival mode into long-term profitability.

“This partnership… is going to catapult the company to certain new heights that will bring dividends to the local economy, the region, and of course the nation,” he said.

He added that government expects long-term collaboration that prioritises mutual benefit between investors, the company, and local communities.

At the community level, Nana Nteboah Prah IV, Chief of Prestea Hemang, acknowledged longstanding concerns about limited community presence and benefits from mining operations in the area.

Source: myjoyonline.com