Noble Mines of Australia is investing over 50 million dollars to resuscitate the defunct Central African Gold Mines at Bibiani in the Western region.
The take over of the mine was completed last week, after it had been out of operation since 2007.
Chief Executive Officer of Noble Mines, Brian Daniel, says the company has earmarked 22 million dollars to pay off debtors whiles over 19 million dollars will go into addressing immediate challenges facing the Bibiani community.
He was addressing traditional rulers to officially introduce the company to the community.
Mr Daniel said the company will need the cooperation of the traditional leaders to promote industrial harmony whiles working to turn around the fortunes of mines.
The Mines was originally Bibiani Gold Mines but was changed to Central African Gold by AngloGold Ashanti when it was purchased from the state.
The Omanhene of Bibiani Ahwianso traditional area, Nana Gyebi Ogyeahohor, appealed to Noble Mines to consider employing people in the community at the mines to avoid unnecessary agitations.
He said the traditional council is drawing up proposal for an alternative livelihood programme for individuals and families whose source of income are likely to be curtailed by activities of the mining company.
By: Elton John Brobbey
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